Edgewood Partners Insurance Center Inc., doing business as EPIC, announced that it has agreed to acquire Prime Risk Partners Inc., another private equity-owned brokerage based in Atlanta. The acquisition adds approximately 600 staff in 20 locations and over $115 million to EPIC. Source: EPIC buys rival private-equity owned brokerage | Business Insurance Read More »
Gallagher buys agency with construction, auto expertise | Business Insurance
October 9, 2019
Arthur J. Gallagher & Co. has acquired Louisville, Kentucky-based Garrett-Stotz Co., an independent agency specializing in coverage for construction/surety, real estate and auto dealers. Source: Gallagher buys agency with construction, auto expertise | Business Insurance Read More »
The Evolution of the Hard Hat – The New York Times
October 4, 2019
The hard hat turns 100. Read its evolution via the NY Times. Source: The Evolution of the Hard Hat – The New York Times Read More »
Equipment makers assemble to digitize construction machinery data | Construction Dive
September 20, 2019
AEC forms task force to digitize machinery data. For more info on construction industry productivity opportunities, read McKinsey & Co’s February 2017 report on productivity in construction Source: Equipment makers assemble to digitize construction machinery data | Construction Dive Read More »
Gallagher acquires Allied, adding construction expertise | Business Insurance
September 18, 2019
Arthur J. Gallagher & Co. announced it has acquired Allied Insurance Brokers Inc. and its program manager unit Ascinsure Specialty Risk, in a move strengthening its construction expertise. Source: Gallagher acquires Allied, adding construction expertise | Business Insurance Read More »
Much Obligeed? SuretyWave Obligee Business & Technology Survey.
August 23, 2019
Make your opinion heard. Participate in the SuretyWave Obligee Business & Technology survey. https://lnkd.in/dKqBHt6 Read More »
Liberty’s surety unit to offer subcontractor default insurance | Business Insurance
August 19, 2019
Douglas Shrift joins Liberty as Chief UW Officer from Aon to lead development. Source: Liberty’s surety unit to offer subcontractor default insurance | Business Insurance Read More »
Underwriters Get Picky: 5 Trends to Watch in Construction Insurance
August 19, 2019
…the boom in the construction business has allowed underwriters to refine their appetites and be more selective and focus on profitable accounts. Source: Insurance Journal Underwriters Get Picky: 5 Trends to Watch in Construction Insurance Read More »
Report: 60% of US construction activity concentrated in 10 states | Construction Dive
July 22, 2019
California has the largest share of the pie, with the most projects in number — 1,302 — and value — $524.6 billion. California also has more megaprojects than any other state, with the top 10 worth $139.5 billion. Source: Report: 60% of US construction activity concentrated in 10 states | Construction Dive Read More »
NFP Acquires Excel Bonds & Insurance Services in California
June 24, 2019
Source: NFP Acquires Excel Bonds & Insurance Services in California Read More »