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Illinois insurer to purchase PMA Capital Corp. for $365 million
Chicago-based Old Republic International Corp. has announced its intent to acquire PMA Capital Corp. of Blue Bell, Pa., for $365 million, pending all approvals. Old Republic, an insurance holding...
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N.Y. company ‘improves, deepens’ offering with acquisition
An insurance brokerage and risk management firm, based in New York, N.Y., finalized its acquisition of a San Francisco, Calif.-based insurance broker. Integro acquired Argo Insurance Brokers, which...
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Rutherfoord shuffles its leadership, names new president
Rutherfoord, a Richmond, Va.-based risk management and insurance brokerage firms, has promoted John C. Stanchina to company president. John C. Stanchina The company also formed a president’s council,...
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Brown & Brown expands with Mich. employee benefits firm deal
A Brown & Brown subsidiary in Michigan bought a employee benefits company in Saginaw, Mich., that generates about $2.3 million in annual revenues. Brown & Brown of Central Michigan, acquired...
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Boston-based firm completes second agency acquisition this year
A Boston, Mass.-based insurance brokerage and risk management firm acquired its second independent insurance agency this year as part of its growth strategy in the Boston area. Risk Strategies Co....
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VCU risk management, insurance conference set for March 13
The VCU School of Business scheduled its 2012 Risk Management & Insurance Conference on March 13 at the VCU School of Business – Snead Hall in Richmond, Va. The event will include speakers from...
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The Institutes, Griffith Foundation align to educate more on insurance
A Pennsylvania-based insurance education foundation is pursuing a formal affiliation with another insurance educational organization that works outside the industry. The Institutes, a nonprofit based...
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Gallagher acquires retail insurance broker serving central U.S.
Arthur J. Gallagher & Co. acquired Schiff, Kreidler-Shell Insurance and Risk Services, a retail insurance broker based in Cincinnati, Ohio. Financial terms of the transaction were not disclosed....
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Wharton School establishes new risk and insurance program
The Wharton School of the University of Pennsylvania established a new Wharton/Penn Risk and Insurance Program (WPRIP) to promote and disseminate research on risk and insurance at the university in...
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Chamber of Commerce says Dodd-Frank hurts insurers, small businesses
Dodd-Frank insurance regulations could have “potential adverse impacts” on the insurance industry’s ability to act as an investor, which will have “serious consequences for Main Street businesses,”...
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