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Arthur J. Gallagher & Co., a global insurance brokerage, has successfully acquired Hughes Insurance Agency, Inc., based in Queensbury, New York.
Inszone Insurance Services has officially completed the acquisition of Letherer Insurance Consultants, a well-established insurance firm based in New Mexico.
Inszone Insurance Services, a national firm, has successfully acquired Hawks View Insurance. The announcement comes as Inszone makes a significant entry into the insurance market in Washington.
Swiss insurer Zurich has revealed that its wholly owned U.S.-based Farmers Group is poised to acquire three brokerage entities—namely Kraft Lake Insurance Agency, Western Star Insurance Services, and Farmers General Insurance Agency—along with the flood-program servicing arm of Farmers Exchanges. The strategic acquisition is valued at $760 million.
Howden Tiger, the reinsurance broking arm of the global insurance group Howden, has collaborated with Swiss Re Group to successfully complete a strategic Loss Portfolio Transfer (LPT) for Kookmin Best Insurance Company, LTD (US Branch) (KBIC).
Hippo Insurance CEO Rick McCathron has addressed the speculation regarding the Spinnaker Insurance sale, and its significance of Spinnaker within the Hippo portfolio.
Arthur J. Gallagher & Co. has successfully completed the acquisition of Keaney Insurance Brokers Ltd, a prominent commercial insurance broker headquartered in Dublin, Ireland.
Global insurance group, Howden, has made a significant stride in expanding its Latin American reach with the acquisition of Contacto Corredores de Seguros S.A (Contacto), a prominent insurance broker in the Peruvian market.
The Travelers Companies, Inc. has announced its decision to acquire Corvus Insurance Holdings, Inc. for an approximate sum of $435 million.
Zurich Insurance Group has acquired a 51% stake in Kotak Mahindra General Insurance Company Limited.
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