Arthur J Gallagher & Co (AJG), an international insurance brokerage and risk management services firm, has acquired Winn & Company Insurance Brokers, in Hollister, California.
Marsh & McLennan Agency (MMA), a subsidiary of insurance broker Marsh, has acquired Thomas Rutherfoord, an independently owned brokerage firm, to strengthen its position in the insurance industry.
USI Holdings has acquired the insurance and financial services business of RA Bench (RAB), a Seattle, Washington, based wealth management, executive and group employee benefit insurance brokerage firm.
Validus Holdings said that it expects loss to be in the range of $170m to $270m, net of reinstatement premiums and reinsurance, retrocessional and other recoveries, due to the Chilean Earthquake.
American International Group has planned to sell in a public offering the remaining 9,192,662 million shares of common stock of Transatlantic Holdings, owned by its subsidiary American Home Assurance Company (AHAC).
Marsh & McLennan Agency, a subsidiary of insurance broker Marsh, has appointed Lisa Hoffmann as chief information officer to leverage information technology resources across the organization.
Philadelphia Insurance Companies (PHLY) has appointed Christopher Maguire and Sean Sweeney to the position of co-presidents.
Brown & Brown of Washington, a subsidiary of Brown & Brown, has acquired the insurance agency and brokerage business-related assets of DiMartino Associates.
Abacus Insurance Brokers, a distributer of specialty insurance products online, has selected Allianz Global Corporate & Specialty (AGCS) to expand its online personal articles floater (PAF) program.
Heffernan Insurance Brokers has been selected as the sponsored broker of the Software Association of Oregon (SAO) to provide insurance coverage and employee benefits for its members, and give direct access to Heffernan insurance applications from the professional organization's website.
CPS Insurance Services (CPS) has added a new affiliate office to its network of affiliated agencies, which will continue to support their producers’ efforts to find the coverage for client’s situation, including their business with local and regional insurance agents, and the end insurance consumer.
