SWBC P&C Merges with SWBC RE, Ltd.

CRC Group Acquires SLB Insurance Group

December 16, 2024

Insurance

CRC Group has acquired SLB Insurance Group, a binding authority operation based in Coconut Creek, Florida with offices in Florida and Louisiana. The deal expands CRC's binding operations in the Southeast — nearly doubling its presence in South Florida and strengthening capabilities in Louisiana — and SLB's leadership team will continue to run the business reporting to Brennan Paris, President, CRC Binding.

Farm Bureau Property & Casualty Insurance Company to Acquire FBL Financial Group for $56/Share

April 15, 2021

Insurance

Farm Bureau Property & Casualty Insurance Company (FBPCIC) agreed to acquire all outstanding shares of FBL Financial Group, Inc. for $56.00 per share in cash. The Iowa Insurance Division cleared the transaction (no Form A required), and FBL scheduled a special shareholder meeting for April 29, 2021 to vote on the proposed buyout.

CRC Group Acquires W. Brown & Associates Property & Casualty

November 3, 2020

Insurance

CRC Group has completed the acquisition of W. Brown & Associates Property & Casualty, a surplus lines broker and managing general agent based in Irvine, California. The deal expands CRC's brokerage and binding capabilities—adding a physical California binding office—and gives W. Brown access to CRC markets, exclusive products and the REDY data and analytics platform; terms were not disclosed.

Taussig Capital Acquires Spencer Re I.I. and Rebrands It as Taussig Capital Re

October 18, 2021

Financial Services

Taussig Capital has acquired all voting shares of Spencer Re I.I. and will rebrand the Puerto Rico-licensed reinsurer as Taussig Capital Re. The combined entity will offer reinsurance and non-traditional capital solutions — including segregated pools and captive insurance structures — to primary insurers and reinsurers. Joseph Taussig founded Spencer Re and the acquisition expands Taussig Capital's insurance and reinsurance capabilities.

Hilb Group Acquires Texas-based Property & Casualty Business

December 1, 2024

Insurance

Hilb Group acquired an undisclosed Texas-based property and casualty insurance business effective December 1, 2024, expanding the company's P&C presence in Texas and the region. Hilb Group, a Richmond, Virginia-based insurance brokerage and advisory firm that is a portfolio company of The Carlyle Group, continues to grow via add-on acquisitions to broaden its geographic footprint and service capabilities.

Brown & Brown Acquires The Pacific Underwriters Corporation

October 17, 2023

Insurance

A subsidiary of Brown & Brown, Inc. acquired substantially all of the assets of The Pacific Underwriters Corporation. The Pacific Underwriters team will continue operating from their Seattle location as part of Brown & Brown's National Programs segment, strengthening the firm's capabilities in public-utility program management and dental practitioner insurance across the Pacific Northwest. The sellers were shareholders Diane M. Darling, Randall R. Flem and Richard C. Rodruck.