Stonetrust Commercial Insurance, a workers’ compensation carrier based in Louisiana, has expanded into North Carolina, bringing to 13 the number of states in the Southeast and Midwest the company writes in. Stonetrust said in a statement that it is now accepting submissions from appointed independent agencies for accounts in North Carolina, with effective dates of … Read more
Vantage Group Holdings Ltd., the privately held specialty re/insurer, has entered into a definitive agreement to be acquired by Howard Hughes Holdings Inc. (HHH) for approximately $2.1 billion. The Vantage deal, which is expected to close in the second quarter of 2026, aims to support the transformation of HHH, a real estate development firm, into … Read more
“Megadeals” are ruling insurance industry mergers and acquisitions as action remained consistent throughout 2025, with the prospect that the need for growth with drive more deals in 2026. According to a new report from PwC, 93% of deal value during the second half of 2025 was drive by what it calls “megadeals.” The insurance sector … Read more
Higginbotham has acquired Mishawaka, Indiana-based Synergy Insurance, giving the firm its first footprint in the state. Synergy Insurance Group is an independent insurance agency providing services to businesses and individuals across northern Indiana and southern Michigan. Higginbotham provides insurance, financial and HR/employee benefits services. The firm is based in Fort Worth, Texas. Was this article … Read more
Allianz SE and Oaktree Capital Management agreed to set up a reinsurance syndicate on the Lloyd’s of London market, the latest example of a private capital firm pushing into the non-life sector. The vehicle, named “Syndicate 1890,” will begin underwriting from Jan. 1, according to a statement on Monday. It will receive a share of … Read more
Specialty MGA Nirvana Acquires Arena From Ryan Specialty Specialty managing general agent (MGA) Nirvana announced the acquisition of Arena NV from Ryan Specialty. Financial terms of the deal, which was announced today, were not disclosed. Arena is a leader in the Belgian sports insurance market, providing cover to federations and clubs across both the Flemish … Read more
Tokio Marine Holdings, Inc. announced that it has signed a definitive agreement to acquire Commodity & Ingredient Hedging (“CIH”), a leading provider of risk management solutions for the agricultural and commodity sectors, from Falfurrias Capital Partners (“Falfurrias”). The transaction is expected to close during the first quarter of calendar year 2026, subject to customary regulatory … Read more
King Risk Partners, which said it is now the 51st largest insurance brokerage in the United States, has acquired Stuart Surles Insurance agency in Angier, North Carolina, near Raleigh. The Surles agency, founded some 30 years ago, specializes in farm insurance as well as home, auto, health and life insurance, the companies said in a … Read more
Afore Insurance Services, LLC announced its acquisition of Salzberg Insurance Agency in Norfolk, Virginia, a firm with an 87-year history of serving the Hampton Roads business community. Terms were not disclosed. Under the agreement, Salzberg will operate as part of Afore’s Mid-Atlantic region. The leadership including Ralph Soussan, principal, and staff will continue to serve … Read more
Poulton, one of the top providers of private flood insurance in the nation, will make Brown & Brown Inc. subsidiary Wright Flood the largest provider of flood insurance in the United States, the company said. Wright Flood offers federal, excess, and private flood insurance. The transaction is expected to close in November. Terms were not … Read more