Acadia Professional Acquires Toro Risk Consulting Group

October 4, 2019 by matray

Acadia Professional, a medical professional liability insurance agency, announced the acquisition of Toro Risk Consulting Group, a healthcare consulting firm that primarily works with emerging companies to support providers in value-based care programs. “Traditional medical malpractice risk can no longer be viewed in a silo. Toro brings a deeper understanding… Continue reading...

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The Doctors Company Completes Acquisition of Hospital Insurance Co., FOJP Service Corp. in New York

August 1, 2019 by matray

The Doctors Company has completed the purchase of Hospitals Insurance Company (HIC), a New York State admitted and licensed insurance company, and FOJP Service Corp., a New York service organization that provides third-party comprehensive insurance and risk management advisory services to HIC-insured hospitals. The purchase price is $650 million, subject… Continue reading...

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NY DFS Approves Acquisition of Hospital Insurance Company by The Doctors Company

June 20, 2019 by matray

Acting New York Financial Services Superintendent Linda A. Lacewell today announced that the Department of Financial Services (DFS) has approved the application of The Doctors Company (TDC) to purchase Hospitals Insurance Company (HIC) from Maimonides Health Resources, Inc., Montefiore Medicine Academic Health System, Inc. and Mount Sinai Health System, Inc.,… Continue reading...

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The Hilb Group Acquires Keane Insurance Group

May 22, 2019 by matray

The Hilb Group, LLC, a middle-market insurance agency headquartered in Richmond, Va., and a portfolio company of the private equity firm Abry Partners, announced today the acquisition of Missouri-based The Keane Insurance Group, Inc. The transaction became effective May 1, 2019. Founded in 1995, The Keane Insurance Group is an… Continue reading...

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Hub International Limited Acquires Assets of RIMS Insurance Brokerage Corporation

May 9, 2019 by matray

Hub International Limited (Hub) has acquired the assets of RIMS Insurance Brokerage Corp. Terms of the transaction were not disclosed. Located in Providence, R.I., RIMS Insurance Brokerage Corp., has offered medical professional liability insurance as well as life, health, disability, worker’s compensation, business owner’s insurance and other coverages since 1988.… Continue reading...

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World Insurance Associates Acquires MPLI Agency the Joseph A. Britton Agency

May 2, 2019 by matray

World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., acquired the Joseph A. Britton Agency, Inc. of Mountainside, N.J., on April 1, 2019. The Joseph A. Britton Agency is a healthcare and professional liability insurance agency that services the needs of healthcare practices in New Jersey,… Continue reading...

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American Association for Physician Leadership Acquires Greenbranch Publishing

May 2, 2019 by matray

The American Association for Physician Leadership (AAPL), an organization dedicated to lifelong professional growth and support of physicians in healthcare leadership and management, announced today the acquisition of Greenbranch Publishing, based in Baltimore County, Md. Among the Greenbranch assets that AAPL will acquire as part of the acquisition include the… Continue reading...

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Dentists Benefits Insurance Co., Northwest Dentists Insurance Co. Receive Final Approval To Merge With The Dentists Insurance Co.

January 7, 2019 by matray

Dentists Benefits Insurance Co. (DBIC) and Northwest Dentists Insurance Co. (NORDIC), acquired by The Dentists Insurance Co. (TDIC) in February 2017, merged with, and into, their parent company, TDIC, effective Jan. 1, 2019, after final regulatory approval. The merger was approved by the California Department of Insurance (DOI), the Oregon Division of… Continue reading...

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Hub International Acquires the Assets of Pennsylvania-Based Nolen Associates, Inc.

December 13, 2018 by matray

Hub International Limited, a global insurance brokerage, announced that it has acquired the assets of Nolen Associates, Inc. Terms of the transaction were not disclosed. Located in Springfield, Penn., Nolen Associates is a full-service medical malpractice insurance agency that represents more than 1,000 healthcare professionals throughout Pennsylvania, New York, New Jersey, Delaware and Maryland. Further strengthening Hub's Healthcare… Continue reading...

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Coverys Finalizes R & Q Managing Agency Ltd. Acquisition, Plans to Launch Lloyd’s Syndicate 1975 on Jan. 1, 2018

December 5, 2017 by matray

On Dec. 4, Coverys announced the completion of the acquisition of R & Q Managing Agency Ltd. (RQMA). Under the terms of the agreement, RQMA, a fully authorized Lloyd’s managing agency based in London, will be renamed Coverys Managing Agency Limited. The agency currently manages Syndicates 1991, 3330 & 1110,… Continue reading...

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