SPECIALTY PROGRAM GROUP, LLC. ACQUIRES MARINE & CRANE BUSINESSES FROM OHIO-BASED NORMAN-SPENCER AGENCY, INC.

For Immediate Release SPECIALTY PROGRAM GROUP, LLC. ACQUIRES MARINE & CRANE BUSINESSES FROM OHIO-BASED NORMAN-SPENCER AGENCY, INC. Summit, New Jersey, April 12, 2018 – Specialty Program Group, LLC. (SPG) a leading insurance holding company for specialty brokerages and underwriting facilities announced today that it has acquired the assets of Norman-Spencer Agency’s (NSA) crane program, [...]

By |2020-02-23T12:36:49-05:00April 13th, 2018|PRESS RELEASES|Comments Off on SPECIALTY PROGRAM GROUP, LLC. ACQUIRES MARINE & CRANE BUSINESSES FROM OHIO-BASED NORMAN-SPENCER AGENCY, INC.

Press Release – Hannover Re – Omaha Indemnity – Mutual of Omaha Ins Co (January 9 2018)

For Immediate Release Hannover Re acquires Omaha Indemnity from Mutual of Omaha Insurance Co. January 9, 2018 – The Germany-based company acquired 100% of Omaha Indemnity's issued and outstanding capital stock for an aggregate purchase price of about $4.2 million over the Mutual of Omaha unit's surplus at closing, which could be between $21 [...]

By |2020-02-23T12:36:49-05:00January 9th, 2018|PRESS RELEASES|Comments Off on Press Release – Hannover Re – Omaha Indemnity – Mutual of Omaha Ins Co (January 9 2018)

Press Release – Coverys – ProSelect – Clear Underwriters (January 9 2018)

For Immediate Release Clear Underwriters LLC acquired ProSelect National Insurance Co. January 9, 2018 – Fort Lauderdale, Fla.-based Clear Underwriters LLC acquired Boston-based ProSelect National Insurance Co. Inc. from Medical Professional Mutual Insurance Co., a subsidiary of Coverys. ProSelect National Insurance Co. Inc. operates as an insurance company. Jason Murgio and Dan Baransky of [...]

By |2020-02-23T12:36:49-05:00January 9th, 2018|PRESS RELEASES|Comments Off on Press Release – Coverys – ProSelect – Clear Underwriters (January 9 2018)

Hanover Insurance Group Inc. sold Professionals Direct Insurance Co. to Watford Specialty Insurance Co.

For Immediate Release Hanover Insurance Group Inc. sold Professionals Direct Insurance Co. to Watford Specialty Insurance Co. August 11, 2016 – Merger & Acquisition Services Inc. served as advisor to Hanover Insurance Group on selling Professionals Direct Insurance Co., a former writer of lawyers' professional liability coverage, to The Watford [...]

By |2020-02-23T12:36:50-05:00August 12th, 2016|PRESS RELEASES|Comments Off on Hanover Insurance Group Inc. sold Professionals Direct Insurance Co. to Watford Specialty Insurance Co.

Clover Health Investments Corp. acquired ULLICO Life Insurance Company

For Immediate Release Clover Health Investments Corp. acquired ULLICO Life Insurance Company April 15, 2016 – Clover Health Investments Corp. on April 12 acquired ULLICO Life Insurance Co. for net consideration of $8.3 million. Union Labor Life Insurance Co., a subsidiary of ULLICO Inc., on Jan. 29 entered into a [...]

By |2020-02-23T12:36:50-05:00April 15th, 2016|PRESS RELEASES|Comments Off on Clover Health Investments Corp. acquired ULLICO Life Insurance Company

John M. Glover Agency acquires San Angelo Insurance Agency

For Immediate Release John M. Glover Agency acquires San Angelo Insurance Agency New York, New York – May 17, 2010 – John M. Glover Agency, one of Connecticut’s leading P&C insurance agencies, has acquired APS San Angelo Insurance Agency based in Waterbury, CT. APS San Angelo Insurance Agency has been [...]

By |2020-02-23T12:38:58-05:00May 17th, 2010|INDUSTRY ARTICLES|Comments Off on John M. Glover Agency acquires San Angelo Insurance Agency