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Around the P&C Insurance Industry: Key Acquisitions and Expansions

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Around the P&C Insurance Industry: Key Acquisitions and Expansions

  1. Risk Strategies Expands Jewish Community Support
    Risk Strategies recently acquired Felsen Insurance Services, a New Jersey-based firm specializing in commercial and personal P&C insurance. With a niche focus on synagogues, temples, and affiliated activities—including day care centers, youth programs, and artifact preservation—Felsen adds critical coverage expertise for unique cultural assets like Torah scrolls.
  2. Hilb Group Grows in Louisiana
    Effective November 1, Hilb Group expanded its footprint in Louisiana by acquiring a local P&C business, strengthening its presence throughout the Gulf region and adding new insurance services for the community.
  3. SageSure and Auros Reciprocal
    SageSure has joined forces with Auros Reciprocal Insurance Exchange, a policyholder-owned insurer in Mississippi, to deliver tailored homeowners’ insurance solutions across Louisiana and Mississippi, enhancing local resilience to natural events.
  4. atNorth Expands Data Centers
    Iceland-based atNorth is scaling up its data centers with added capacity at its ICE02 and ICE03 sites, bringing robust digital infrastructure support to meet future demand in the region.
  5. Celent Recognizes RegEd as a “Functional Standout”
    RegEd’s Enterprise Xchange Producer Management system was highlighted by Celent for its functionality and substantial user base, affirming RegEd’s position as a top insurance distribution management tool.
  6. Bishop Street Expands with Ethos Transactional Liability
    Bishop Street Underwriters has bolstered its offerings by acquiring Ethos Specialty’s Transactional Liability unit, enhancing its client solutions suite with specialized transactional liability services.
  7. Virginia’s Flood Resilience Initiatives
    In response to increased flood risks, RISE has awarded $1.2 million to support projects developing flood warning systems and community insurance solutions in Southwest Virginia, funded by the state’s Department of Housing and Community Development.
  8. Florida’s “Check My Contract” Portal
    CFO Jimmy Patronis spotlighted Florida’s “Check My Contract” portal, designed to protect policyholders from fraud following storm-related damages. The platform allows insurance customers to submit repair contracts for state review, ensuring compliance with Florida law and fraud prevention.
  9. Hub International Acquires ANCO Insurance
    Texas-based ANCO Insurance, one of the state’s largest independent insurance brokerages, was recently acquired by Hub International, broadening Hub’s footprint and adding to its diverse client services for businesses and individuals.
  10. World Insurance Associates Expands Across Louisiana, Texas, and New Jersey
    World Insurance Associates acquired five agencies across Louisiana and Texas, including McFatter Insurance and Creekside Risk Management. These agencies bring P&C expertise, extending World Insurance’s reach and community engagement.

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