Southlake Financial Group Acquires Nevada General Insurance Company

AssuredPartners Acquires Nevada West Business Insurance Agency, Inc.

February 13, 2020

Insurance

AssuredPartners, Inc. has acquired Nevada West Business Insurance Agency, Inc., a Las Vegas-based commercial insurance agency. The five-person agency, which reports approximately $1 million in annualized revenue, will remain under the operational leadership of Jeff Maren as AssuredPartners expands its presence in the Nevada market.

LTC Global Acquires Westland Financial Services

January 4, 2022

Insurance

LTC Global, Inc. has acquired Westland Financial Services, Inc., an independent life and health insurance agency headquartered in San Diego. Westland's founder Gene Pastula and senior management will remain with the business; LTC Global said the acquisition complements its existing life, long-term care and annuity distribution capabilities, particularly in the Pacific Southwest.

NFP Acquires Assets of SDN Insurance Agency from Financial Institutions, Inc.

April 1, 2024

Insurance

NFP has acquired the assets of SDN Insurance Agency from Financial Institutions, Inc., expanding NFP's presence in the Buffalo and Rochester markets and strengthening its commercial P&C and benefits capabilities in Western New York. Bill Gallagher, president of SDN, will join NFP and report to Mike Walsh as part of the integration.

Allstate Acquires National General Holdings

July 7, 2020

Insurance

The Allstate Corporation agreed to acquire National General Holdings Corporation for approximately $4.0 billion in cash (total $34.50 per share including expected closing dividends), a transaction expected to close in early 2021 subject to regulatory approvals. The deal expands Allstate's personal lines premiums by about $4.0 billion, increases market share among independent agent distribution, and is expected to be accretive to adjusted net income per share and ROE in the first year.

NFP Acquires Southern Insurance Agency LLC

July 23, 2024

Insurance

NFP, an Aon company, has acquired Southern Insurance Agency LLC (SIA), a New Orleans-based commercial property and casualty broker. Founder Louis Faust will join NFP as a senior vice president, and the deal expands NFP’s commercial P&C capabilities and presence in the New Orleans area and across Louisiana.

PointeNorth Insurance Group Acquires Valdosta Insurance Services and Southern Insurance Advisors

July 1, 2024

Insurance

PointeNorth Insurance Group (PNIG) has acquired Valdosta Insurance Services, Inc. (Valdosta, GA) and Southern Insurance Advisors (Milton/Marietta, GA), expanding its footprint across southern and mid-Georgia and northern Florida. The acquired agencies will continue to operate under their brands (Valdosta will retain its name) with existing leadership staying on as PointeNorth integrates their practices and capabilities.