Enstar Group Limited, global insurance and reinsurance group backed by investment vehicles managed by affiliates of global investment firm Sixth Street, announced it has entered into a definitive stock purchase agreement to acquire 100% of the shares of Accident Fund Holdings, Inc. from Blue Cross Blue Shield of Michigan. Headquartered in Lansing, Michigan, AF Group […]
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Gainesville, Florida-based King Risk Partners has acquired the Hanc Group, an insurance agency that serves the Korean-American community and others in north Georgia, King Risk announced this week. Rick Han, owner of Alpharetta-based Hanc Group, said in a news release that the partnership will allow the agency to expand its personal and commercial insurance offerings.
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Alliant Insurance Services has acquired Laredo Commercial Insurance Agency’s For-Hire Trucking portfolio, establishing the firm’s local presence in Laredo, Texas. As part of the acquisition, Steven Cadena has joined Alliant Transportation as Vice President, expanding the firm’s specialized expertise in delivering comprehensive insurance solutions for cross-border transportation risk. Laredo Commercial Insurance Agency is the third
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Columbus, Ohio-based Nationwide announced Feb. 5 that it entered into an agreement to acquire the renewal rights for surety and fidelity bonds issued by Main Street America Insurance, a unit of American Family Insurance. Terms of the deal were not disclosed. Nationwide said in a written statement that the acquisition expands its commitment to businesses
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Arthur J. Gallagher Acquires Germany’s Reck & Co. Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance brokerage, announced its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired Bremen, Germany-based Reck & Co GmbH. Terms of the transaction, which was announced on Feb. 2, were not disclosed. Reck & Co. is a
First Mid Insurance Group (FMIG) announce its acquisition of Downs Insurance Agency in Decatur, Illinois. The transaction closed on January 12, 2026. The acquisition supports FMIG’s continued growth strategy across central Illinois and expands its presence in the Decatur market. Downs brings complementary expertise in small commercial and personal lines, further enhancing FMIG’s ability to
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Novacore, the specialty insurance managing general agent (MGA) formerly the U.S. commercial division of NSM Insurance Group, announced it has entered into a definitive agreement to acquire CP Insurance Associates, a Texas-based insurance services agency specializing in lender-placed insurance, investor property and buy here pay here programs, as well as insurance for financial institutions. The
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WalkerHughes Insurance announced it has acquired Inman Insurance Agency in Salem, Missouri, and Clark Insurance Agency in Ballwin, Missouri. The acquisitions expand WalkerHughes’ presence in Missouri, increasing market density across south-central communities and the St. Louis metropolitan area. Inman Insurance Agency, led by owner Keith Inman, has served clients in Salem, Rolla, and Hartville areas
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Relation Insurance Services has acquired the assets of PT Business Solutions in South Pasadena, California. PT Business Solutions is a provider of employee benefit, HR, payroll, workers’ compensation and group retirement plans. The agency has been serving clients since 2003. Relation Insurance Services is an insurance brokerage that offers risk management and benefits consulting services
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World Insurance Associates reported it has acquired the business of Jersey Coast Insurance of Margate City, New Jersey. Terms of the October 1.2025 transaction were not disclosed. Jersey Coast Insurance offers both personal and commercial lines of insurance; specializing in coastal homes, condominiums and flood risks. “We’re glad to now be part of the World
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