Union Bay Acquisition LLC Acquires Loyalhanna Insurance Group

Union Bay Acquisition LLC Acquires LaBrozzi Insurance Group, Inc.

November 8, 2022

Insurance

Union Bay Acquisition LLC, an aggregator of property-casualty insurance agencies, has acquired LaBrozzi Insurance Group, Inc., a Bradford, Pennsylvania-based independent insurance agency. The transaction expands Union Bay's Northeast footprint and adds local P&C insurance expertise to its Union Bay Risk Advisors portfolio; terms were not disclosed.

Union Bay Acquisition LLC Acquires Farrell Insurance Associates Inc.

September 21, 2022

Insurance

Union Bay Acquisition LLC, an aggregator of property-casualty insurance agencies, has acquired Farrell Insurance Associates Inc., an independent insurance agency based in Lansdale, Pennsylvania. Terms were not disclosed; the deal expands Union Bay's presence and expertise in the greater Philadelphia area as part of its strategy to acquire small regional insurance agencies.

Union Bay Acquisition LLC Acquires Cornerstone Insurance Services

April 24, 2024

Financial Services

Union Bay Acquisition LLC, an aggregator of property-casualty insurance agencies based in Lansdale, Pennsylvania, has acquired Cornerstone Insurance Services of Elkins Park, Pennsylvania. The acquisition will augment Union Bay's portfolio and expand its expertise and presence servicing clients in New Jersey and Pennsylvania; terms were not disclosed.

Union Bay Acquisition LLC Acquires Commercial Insurance Business of Brookside Insurance

August 11, 2024

Financial Services

Union Bay Acquisition LLC has acquired the commercial insurance business of Brookside Insurance, an Allentown, Pennsylvania-based insurance agency. The terms were not disclosed; Union Bay said this is its fourteenth acquisition as it continues to consolidate regional property-casualty agencies to expand its platform and capabilities.

Hilb Group Acquires Pennsylvania-based Property & Casualty Agency

January 1, 2026

Insurance

Hilb Group, a Richmond-based property & casualty and employee benefits brokerage (and portfolio company of The Carlyle Group), acquired an unnamed Pennsylvania-based property and casualty agency effective January 1, 2026. The acquisition expands Hilb Group’s presence and product offering across the Mid-Atlantic region as part of its ongoing acquisitive growth strategy.

Segal Acquires Michigan Insurance Broker Union Services Agency (Bayview Insurance Group)

June 8, 2022

Insurance

Segal has acquired Bayview Insurance Group d/b/a Union Services Agency (USA), a Michigan-based insurance brokerage that serves labor organizations, multiemployer funds and public sector entities. The entire USA team has joined Segal's Insurance Brokerage Practice and Sally Corbin (former CEO of Union Services Agency) has joined Segal as Senior Vice President and Director of Insurance Relations to help expand Segal's Midwest insurance and risk capabilities.