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Insured Losses Top $5B With Heavy Flooding But Few Covered by Flood Insurance

Insurance Journal

Estimates of insured losses from Hurricane Helene continue to range around $5 billion, not including flood insurance losses, as the death toll in the Southeast continued to rise, approaching 100 by Monday morning. In Florida, the state Office of Insurance

Insurance 283
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Canada’s Axis Insurance Acquires P/C Broker Baker Insurance

Insurance Journal

Axis Insurance Managers Inc., the Vancouver, Canada-based insurance broker, announced the acquisition of Baker Insurance, a property/casualty brokerage based in Calgary. Financial details of the deal were not disclosed. This strategic move strengthens Axis’ presence in the region and enhances …

Broker 243
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Crest Insurance Group Acquires Alliance Insurance Agency in Colorado

Insurance Journal

Crest Insurance Group acquired Alliance Insurance Agency LLC in Colorado. Crest’s Colorado operations center around its Denver hub and expand to Longmont and Fort Collins. The Alliance deal adds Arvada to the footprint and adds 20 employees to the Crest …

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Markets/Coverages: Guernsey Insurer Paratus to Offer Renewable Power Insurance

Insurance Journal

the Guernsey-based re/insurance group, announced that Paratus Renewables Insurance Ltd. has been granted regulatory approval by the Guernsey Financial Services Authority (GFSC) to provide insurance cover to the renewable power industry. Paratus said its insurance solutions will … Paratus Holdings Ltd.,

Insurance 192
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PCF Acquires Insurance Business of Top Insurance Associates in Washington

Insurance Journal

PCF Insurance Services acquired the insurance business of Top Insurance Associates in Snohomish, Washington. The Top Insurance Associates team will join PCF Insurance’s Fortiphi Insurance.

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New Hampshire’s HPM Insurance Acquires Insurance Savers

Insurance Journal

HPM Insurance of Amherst, New Hampshire reports it has acquired Insurance Savers Agency, a personal and commercial lines agency with offices in the towns of Littleton and Thornton. The purchase of Insurance Savers Agency expands the footprint of HPM Insurance

Insurance 215
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PCF Insurance Services Acquires DLD Insurance Brokers in California

Insurance Journal

PCF Insurance Services acquired the insurance business of DLD Insurance Brokers in Irvine, California. DLD Insurance Brokers specializes in serving companies in the construction, real estate, manufacturing, medical device and technology sectors. PCF Insurance Services is headquartered in Lindon, Utah, …