Industry Transaction Details (as of February 28, 2025)

Who’s Buying
Insurance Brokerage	785
Insurance Carrier and Other	18
Banks and Thrifts	7

What’s Being Bought
Full Service	171
P&C	476
Employee Benefits	164

Retail vs. Specialty
Retail	699
Specialty	112

All transactions listed are announced deals involving public companies, private equity backed brokers, private companies, banks, InsurTech companies (2017-2018 only) as well as others including private equity groups, underwriters, specialty lenders, etc. All targets are U.S. only. This data displays a snapshot at a particular point in time and has not been updated to reflect subsequent changes in prior years, if any. MarshBerry estimates that only 50 – 60% of all transactions are actually made public. Past performance is not necessarily indicative of future results. Data reported YTD as of 2/28/2025

Source: S&P Global Market Intelligence, Insurance Journal, and other publicly available sources

Buyer

Deal Year

Location

Buyer Type

Seller Type

Seller Line of Business

Reset

<- If necessary, scroll to view table info ->

Announced Date	Deal Year	Buyer	Seller	Seller Location	Buyer Type	Seller Type	Seller Line of Business
03/09/07	2007	LTC Global Solutions, Inc.	Senior Wealth Care Insurance Services	TX	Independent Agency/Broker	Retail	EB & Consulting
03/07/07	2007	Markel Corporation	Black/White & Associates Insurance Brokers Inc. (Social Services Program business)		Insurance Company	Wholesale	P&C
03/05/07	2007	UnitedHealth Group Incorporated	Hartford Financial Services Group, Inc. (medical stop loss insurance business)		Insurance Company	Wholesale	EB & Consulting
03/01/07	2007	Arthur J. Gallagher & Co.	ISG International, Inc.	MD	Public Broker	Wholesale	P&C
03/01/07	2007	Arthur J. Gallagher & Co.	Producer's Choice, Inc.	FL	Public Broker	Wholesale	EB & Consulting
03/01/07	2007	Community First Bancshares, Inc.	Brundige Insurance Agency, LLC	TN	Bank or Thrift
03/01/07	2007	HDH Group, Inc.	Byerly Incorporated	PA	Independent Agency/Broker	Retail	P&C
03/01/07	2007	Rush Enterprises, Inc.	Advanced Transportation Insurance Services, Inc.	CA	Other Buyer	Retail	P&C
03/01/07	2007	SeibertKeck Insurance	Best Hoovler McTeague Insurance Services	OH	Independent Agency/Broker	Retail	P&C
02/28/07	2007	American International Group, Inc.	Matrix Direct, Inc.	CA	Insurance Company	Retail	EB & Consulting
02/28/07	2007	NFP Corp.	Golden & Cohen LLC	MD	Public Broker	Retail	EB & Consulting
02/28/07	2007	Stewart Information Services Corporation	Title One of Waupaca	WI	Insurance Company	Retail	P&C
02/28/07	2007	Transatlantic Holdings, Inc.	Professional Risk Management Services, Inc.	VA	Insurance Company	Wholesale	P&C
02/28/07	2007	U.S. Risk Insurance Group, Inc.	E.M. Morrow Insurance General Agency Inc.	CA	Independent Agency/Broker	Wholesale	P&C
02/27/07	2007	M.J. Hall & Company, Inc.	Cravens Leffler & McCormick Insurance Services Inc.	CA	Independent Agency/Broker	Wholesale	P&C
02/27/07	2007	Stewart Information Services Corporation	Hardee County Title & Abstract Company	FL	Insurance Company	Retail	P&C
02/25/07	2007	Maple Tree Acquisition Corp.	Hub International Limited	IL	Other Buyer	Retail	P&C
02/20/07	2007	First Defiance Financial Corp.	Huber, Harger, Welt, & Smith Insurance Agency, Inc.	OH	Bank or Thrift	Retail	P&C
02/15/07	2007	Beecher Carlson Holdings Inc.	T.R. Jones & Company	FL	Independent Agency/Broker	Retail	P&C
02/15/07	2007	Stewart Information Services Corporation	Gulf Coast Title Co. LLC	FL	Insurance Company	Retail	P&C
02/15/07	2007	Stewart Information Services Corporation	Title First Inc.	FL	Insurance Company	Retail	P&C
02/13/07	2007	Hub International Limited	Hibernia Insurance Agency, L.L.C.	LA	Public Broker	Retail	P&C
02/13/07	2007	Johnson & Strachan Inc.	Progressive Management Associates, LLC	VA	Independent Agency/Broker	Retail	EB & Consulting
02/09/07	2007	Brown & Brown, Inc.	ALCOS, Inc.	MI	Public Broker	Retail	P&C
02/08/07	2007	Brown & Brown, Inc.	Shapiro Insurance, Inc.	FL	Public Broker	Retail	P&C
02/08/07	2007	USI Holdings Corporation	H.W. Gates Agency, Inc.	TN	Public Broker	Retail	P&C
02/07/07	2007	Brown & Brown, Inc.	Assets of 3 insurance agencies	LA	Public Broker	Retail	P&C
02/06/07	2007	National Insurance Programs Group, Inc.	TJ Sharp & Associates (assets)	NJ	Independent Agency/Broker	Retail	P&C
02/05/07	2007	Gowrie, Barden & Brett, Inc.	Fisher & Fisher Associates, Inc.	CT	Independent Agency/Broker	Retail	P&C
02/05/07	2007	Johnson Financial Group, Inc.	Kaufman/Haumersen-Johnson Insurance Agency	WI	Bank or Thrift	Retail	P&C
02/01/07	2007	Arthur J. Gallagher & Co.	Elite Benefits Insurance Marketing Services, Inc.	CA	Public Broker	Retail	EB & Consulting
02/01/07	2007	BISYS Group, Inc.	Truckwriters, Inc	GA	Other Buyer	Wholesale	P&C
02/01/07	2007	USI Holdings Corporation	Countrywide Facilities Corporation	NY	Public Broker	Retail	P&C
01/31/07	2007	AJ Lupas Insurance Inc.	First Insurance Center Inc.	PA	Independent Agency/Broker	Retail	P&C
01/31/07	2007	Gateway Financial Holdings, Inc.	Breen Title & Settlement, Inc.	VA	Bank or Thrift	Retail	P&C
01/31/07	2007	Hub International Limited	Bart Proud Insurance Agency, Inc.	NJ	Public Broker	Wholesale	P&C
01/31/07	2007	Wescom Credit Union	Grentner Litzinger Insurance Agency	CA	Other Buyer	Retail	P&C
01/19/07	2007	Community First Bancshares, Inc.	Orma Smith Group, LLC	TN	Bank or Thrift
01/19/07	2007	Watkins Insurance Group	AIC-Sun Belt Group Inc.	TX	Independent Agency/Broker	Retail	P&C
01/16/07	2007	NFP Corp.	Undisclosed Sellers (three insurance brokers)		Public Broker
01/15/07	2007	USI Holdings Corporation	USI Holdings Corporation	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
01/11/07	2007	Leavitt Group Enterprises, Inc.	Grant-Hatch & Associates, Inc.	UT	Independent Agency/Broker	Retail	P&C
01/11/07	2007	Rogers Bancshares, Inc.	Triad Title Company	AR	Bank or Thrift	Retail	P&C
01/11/07	2007	Willow Financial Bancorp, Inc.	BeneServ, Inc.	PA	Bank or Thrift	Retail	EB & Consulting
01/10/07	2007	First American Corporation	Complete Title Services LLC	MN	Insurance Company	Retail	P&C
01/09/07	2007	InsuranceOnly, Inc.	Direct Response Insurance Agency	CO	Other Buyer	Retail	EB & Consulting
01/08/07	2007	Texans Credit Union	Curley Insurance Group	TX	Other Buyer	Retail	P&C
01/05/07	2007	Aon Corporation	WedSafe, Inc.		Public Broker	Retail	P&C
01/04/07	2007	Hilb Rogal & Hobbs Company	Nevin Works & Associates Inc.	OR	Public Broker	Retail	EB & Consulting
01/04/07	2007	Stewart Information Services Corporation	Border Title Group	TX	Insurance Company	Retail	P&C
01/03/07	2007	C C Roy Insurance Brokers Inc.	FRO Insurance Brokers Inc.	CA	Independent Agency/Broker	Retail	P&C
01/03/07	2007	National City Corporation	H.E. Hoffman Group Inc.	MO	Bank or Thrift	Retail	EB & Consulting
01/03/07	2007	National City Corporation	Stellar Group	MI	Bank or Thrift	Retail	EB & Consulting
01/03/07	2007	National City Corporation	Valley Financial Group Agency Inc.	OH	Bank or Thrift	Retail	EB & Consulting
01/03/07	2007	USI Holdings Corporation	Sammis, Smith & Brush, Inc.	NY	Public Broker	Retail	P&C
01/02/07	2007	Associates Insurance Agency, Ltd.	Denmark Bancshares, Inc. (book of business)		Independent Agency/Broker
01/02/07	2007	BNP Paribas Group	Contractors Insurance Services, Inc.	OR	Bank or Thrift
01/02/07	2007	BNP Paribas Group	Nabity-Perry Insurance, Inc.	NE	Bank or Thrift	Retail	P&C
01/02/07	2007	NII Brokerage, LLC	Fear & Fear, Inc.	NY	Independent Agency/Broker	Retail	P&C
01/02/07	2007	Regions Financial Corporation	Miles & Finch Inc.	IN	Bank or Thrift	Retail	P&C
01/02/07	2007	Sitzmann Morris & Lavis, Inc.	Benefits Advisory Group	CA	Independent Agency/Broker	Retail	EB & Consulting
01/02/07	2007	Willis Group Holdings Limited	Carter Insurance Group	FL	Public Broker	Wholesale	P&C
01/01/07	2007	Arch Capital Group Ltd.	Wexford Underwriting Managers, Inc.	CA	Insurance Company	Wholesale	P&C
01/01/07	2007	Arthur J. Gallagher & Co.	Financial Profiles, Inc.	FL	Public Broker	Retail	EB & Consulting
01/01/07	2007	Arthur J. Gallagher & Co.	Fishermans Insurance Services, Inc.	WA	Public Broker	Retail	P&C
01/01/07	2007	Arthur J. Gallagher & Co.	InterNational Insurance Group, Ltd.	MA	Public Broker	Retail	P&C
01/01/07	2007	AssuranceAmerica Corporation	Frontline Insurance Group LLC	AL	Insurance Company	Retail	P&C
01/01/07	2007	Hartland Mutual Insurance Company	James River Insurance Agency, Inc.	ND	Insurance Company
01/01/07	2007	Security State Bank Holding Company	IPS Incorporated	MN	Bank or Thrift
01/01/07	2007	Williams-Manny, Inc.	Midwest Life & Health Group, LLC	IL	Independent Agency/Broker
12/31/06	2006	Evans Bancorp, Inc.	Undisclosed Seller (portfolio of insurance accounts)		Bank or Thrift
12/31/06	2006	Swett & Crawford Group Inc.	Oxbridge Insurance Associates, Inc.	NJ	Independent Agency/Broker	Wholesale	P&C
12/31/06	2006	TOMIC Mutual Insurance Holding Company	PRO Managing General Agents, Inc.	TX	Other Buyer
12/31/06	2006	Undisclosed buyer	Sky Financial Group, Inc. (portion of wholesale insurance business)		Other Buyer	Wholesale	P&C
12/28/06	2006	Bennett & Bennett Insurance, Inc.	First Harrison Insurance & Investments	IN	Independent Agency/Broker	Retail	P&C
12/28/06	2006	Campbell Agency, Inc.	Baxter Agency LLC	AL	Independent Agency/Broker	Retail	P&C
12/27/06	2006	Murray Risk Management and Insurance	Sterling Financial Corporation (P&C accounts of Lancaster Insurance Group LLC)		Independent Agency/Broker	Retail	P&C
12/26/06	2006	David K. Stoudt	Corporate Healthcare Strategies LLC/Professional Services Group	PA	Other Buyer	Retail	EB & Consulting
12/21/06	2006	NFP Corp.	Balser Companies	GA	Public Broker	Retail	EB & Consulting
12/20/06	2006	SeibertKeck Insurance	Jack Kohl Agency, Inc.	OH	Independent Agency/Broker	Retail	P&C
12/19/06	2006	Hub International Limited	Coburn Insurance Agency, Inc.	VT	Public Broker	Retail	P&C
12/15/06	2006	Arthur J. Gallagher & Co.	Mid America Group, Inc.	PA	Public Broker	Retail	EB & Consulting
12/14/06	2006	Hanmi Financial Corporation	Chun Ha Insurance Services Inc./All World Insurance Services Inc.	CA	Bank or Thrift	Retail	P&C
12/12/06	2006	Hilb Rogal & Hobbs Company	Loan Protector Insurance Services	OH	Public Broker	Wholesale	P&C
12/05/06	2006	Johnson & Strachan Inc.	Morrow Group Limited	VA	Independent Agency/Broker	Retail	EB & Consulting
12/05/06	2006	TowneBank	Frieden Agency, Inc.	VA	Bank or Thrift	Retail	EB & Consulting
12/01/06	2006	BNP Paribas Group	St. Paul Agency, Inc.	MN	Bank or Thrift	Retail	P&C
12/01/06	2006	Bollinger, Inc.	Mather & Company	PA	Independent Agency/Broker	Retail	P&C
12/01/06	2006	Bradford Bancorp, Inc.	Best Title & Processing, LLC	MD	Bank or Thrift	Retail	P&C
12/01/06	2006	Brown & Brown, Inc.	ProTexn, Inc. (2 insurance agencies)	TX	Public Broker	Wholesale	P&C
12/01/06	2006	Gateway Financial Holdings, Inc.	C.D. West & Company	VA	Bank or Thrift	Retail	P&C
12/01/06	2006	High Point Bank Corporation	Argus Group Insurance	NC	Bank or Thrift	Retail	P&C
12/01/06	2006	JPMorgan Chase & Co.	Northeast Agencies Incorporated	NY	Bank or Thrift	Wholesale	P&C
12/01/06	2006	Molton, Allen & Williams Corporation	Benefit Concepts Inc.	AL	Independent Agency/Broker	Retail	EB & Consulting
12/01/06	2006	Northeast Bancorp	Sturtevant and Ham Insurance	ME	Bank or Thrift	Retail	P&C
11/30/06	2006	Arthur J. Gallagher & Co.	William H. Connolly & Co.	NJ	Public Broker	Retail	P&C
11/30/06	2006	Commerce Bancorp, Inc.	ECBM, Inc. (book of business)		Bank or Thrift	Retail	EB & Consulting
11/30/06	2006	Stewart Information Services Corporation	Telluride Mountain Title Company	CO	Insurance Company	Retail	P&C
11/30/06	2006	US Energy Holdings Inc.	Lakeside Insurance & Financial, Inc.	TN	Other Buyer	Retail	P&C
11/30/06	2006	White Mountains Insurance Group, Ltd.	National Marine Underwriters, Inc.	MD	Insurance Company	Wholesale	P&C
11/28/06	2006	Northeast Bancorp	Palmer Insurance, Inc.	ME	Bank or Thrift	Retail	P&C
11/27/06	2006	Arrowhead Wholesale Insurance Services, LLC	First Capital Group Inc.	NY	Independent Agency/Broker	Wholesale	P&C
11/27/06	2006	Tompkins Trustco, Inc.	H.A. Carey Co., Inc.	NY	Bank or Thrift	Retail	P&C
11/20/06	2006	USI Holdings Corporation	Carlson Group Inc.	NY	Public Broker	Retail	P&C
11/14/06	2006	Charlton Manley Insurance, Inc.	Wrenn Insurance, Inc. (Personal and Commercial book of business)		Independent Agency/Broker	Retail	P&C
11/14/06	2006	First Niagara Financial Group, Inc.	Gernold Agency, Inc.	NY	Bank or Thrift	Retail	P&C
11/03/06	2006	Community Banks, Inc.	Association Agency, Inc.	PA	Bank or Thrift	Retail	P&C
11/03/06	2006	Wells Fargo & Company	Gold Valley Insurance	CA	Bank or Thrift	Retail	P&C
11/01/06	2006	AEGON N.V.	Clark, Inc.	IL	Insurance Company	Retail	EB & Consulting
11/01/06	2006	Alaska USA Federal Credit Union	Kelley Insurance Associates Incorporated	AK	Other Buyer	Retail	P&C
11/01/06	2006	Arthur J. Gallagher & Co.	Adams & Associates International Ltd.	SC	Public Broker	Retail	P&C
11/01/06	2006	BB&T Corporation	Wyman, Green & Blalock, Inc.	FL	Bank or Thrift	Retail	P&C
11/01/06	2006	Nationwide Mutual Insurance Company	Tim Johnson Insurance Agency	CA	Insurance Company
11/01/06	2006	NLASCO, Inc.	Longhorn General Agency, Inc.	TX	Insurance Company	Wholesale	P&C
11/01/06	2006	NLASCO, Inc.	Longhorn Insurance Services, Inc.	TX	Insurance Company	Wholesale	P&C
11/01/06	2006	Seubert & Associates Inc.	Kenco Associates/Martin & Nettrour Inc.		Independent Agency/Broker	Retail	P&C
11/01/06	2006	Wells Fargo & Company	Pete Berolatti Insurance Agency	WV	Bank or Thrift	Retail	EB & Consulting
10/26/06	2006	North American Group	CIC Insurance Brokers, Inc.	TX	Independent Agency/Broker	Retail	P&C
10/26/06	2006	North American Group	CTK Insurance Services, Inc.	CA	Independent Agency/Broker	Retail	P&C
10/24/06	2006	Berkshire Hills Bancorp, Inc.	Minkler Insurance Agency, Inc.	MA	Bank or Thrift	Retail	P&C
10/24/06	2006	Old Republic International Corporation	Aon Corporation (Construction Program Group)	CA	Insurance Company	Wholesale	P&C
10/23/06	2006	Berkshire Hills Bancorp, Inc.	MassOne Insurance Agency, Inc.	MA	Bank or Thrift	Retail	P&C
10/23/06	2006	Berkshire Hills Bancorp, Inc.	McCormick, Smith & Curry Insurance Agency	MA	Bank or Thrift	Retail	P&C
10/23/06	2006	Berkshire Hills Bancorp, Inc.	Reynolds, Barnes & Hebb, Inc.	MA	Bank or Thrift	Retail	P&C
10/20/06	2006	Layman Diener & Borntrager Insurance Agency Inc.	Showalter Insurance Agency, Inc.	VA	Independent Agency/Broker	Retail	Multi Line
10/20/06	2006	M&T Bank Corporation	Multi-Line Professionals Inc.	NY	Bank or Thrift	Retail	P&C
10/20/06	2006	UnitedHealth Group Incorporated	HealthMarkets, Inc. (student resources)	TX	Insurance Company	Retail	EB & Consulting
10/19/06	2006	Cairnstone Inc.	CapRisk	PA	Independent Agency/Broker	Wholesale	EB & Consulting
10/18/06	2006	USI Holdings Corporation	Kibble & Prentice Holding Company	WA	Public Broker	Retail	P&C
10/13/06	2006	First Merchants Corporation	Armstrong Insurance, Inc.	IN	Bank or Thrift	Retail	Multi Line
10/13/06	2006	Seubert & Associates Inc.	Young Insurance & Associates of Shadyside	PA	Independent Agency/Broker	Retail	P&C
10/06/06	2006	First Financial Holdings, Inc.	Peoples Insurance Agency	SC	Bank or Thrift	Retail	Multi Line
10/04/06	2006	Corporacion MAPFRE, S.A.	Baldrich & Associates, Inc.	PR	Insurance Company	Retail	Multi Line
10/04/06	2006	Gateway Financial Holdings, Inc.	Insurance Center, Inc.	VA	Bank or Thrift	Retail	P&C
10/03/06	2006	Temple-Inland, Inc.	South Valley Insurance	CA	Bank or Thrift	Retail	P&C
10/01/06	2006	Crum-Halsted Agency, Inc.	Walder Rhodes Insurance Agency, LLC	IL	Independent Agency/Broker	Retail	P&C
10/01/06	2006	Empire Equity Group, Inc.	Geisenheimer Agency, Inc.	NJ	Other Buyer	Retail	P&C
10/01/06	2006	German American Bancorp, Inc.	Keach & Grove Insurance	IN	Bank or Thrift	Retail	P&C
10/01/06	2006	Hub International Limited	Kaufman & Kaufman Insurance	UT	Public Broker	Retail	P&C
10/01/06	2006	Intercare Insurance Solutions	SFG Benefit Insurance Services Inc.	CA	Independent Agency/Broker	Retail	EB & Consulting
10/01/06	2006	Sovereign Bancorp, Inc.	hartz consulting group, llc	PA	Bank or Thrift	Retail	EB & Consulting
09/30/06	2006	Brown & Brown, Inc.	Apex Insurance Agency, Inc.	VA	Public Broker	Wholesale	P&C
09/30/06	2006	Brown & Brown, Inc.	Delaware Valley Underwriting Agency, Inc.	PA	Public Broker	Wholesale	P&C
09/30/06	2006	Brown & Brown, Inc.	Residential Underwriting Agency, Inc.	PA	Public Broker	Wholesale	P&C
09/30/06	2006	Sky Financial Group, Inc.	Lindig Benefit Consultants	OH	Bank or Thrift	Retail	P&C
09/29/06	2006	Hometown Bancorp, Ltd.	Union Bank Insurance Group	IL	Bank or Thrift	Retail	P&C
09/29/06	2006	Kinloch Holdings, Inc.	Genatt Associates, Inc.	NY	Independent Agency/Broker	Retail	P&C
09/29/06	2006	Southpoint Group Inc.	Commonwealth Insurance Group (branch book of business)	SC	Independent Agency/Broker
09/27/06	2006	Mesirow Financial Holdings, Inc.	Dann Insurance	IL	Other Buyer	Retail	P&C
09/20/06	2006	Arthur J. Gallagher & Co.	Rains Group, Inc.	MI	Public Broker	Retail	EB & Consulting
09/20/06	2006	Hylant Group, Inc.	R.W. Barss & Associates	MI	Independent Agency/Broker	Retail	EB & Consulting
09/19/06	2006	BNP Paribas Group	United Insurance Services of North Platte Inc.	NE	Bank or Thrift	Retail	P&C
09/15/06	2006	Alaska USA Federal Credit Union	Willis of Alaska, Inc.	AK	Other Buyer	Retail	P&C
09/15/06	2006	STAR Financial Group, Inc.	Estlick-Girvin & Lefever, Inc.	IN	Bank or Thrift	Retail	P&C
09/13/06	2006	Alliance Bankshares Corporation	Battlefield Insurance Agency Inc.	VA	Bank or Thrift	Retail	P&C
09/13/06	2006	Appalachian Underwriters Inc.	BB&T Corporation (Guaranteed Cost Workers Compensation program)	AL	Independent Agency/Broker	Wholesale	P&C
09/12/06	2006	Peoples Bancorp, Inc.	Fleetwood Athey Macbeth & McCown Inc.	MD	Bank or Thrift	Retail	P&C
09/08/06	2006	Alliant Insurance Services	JLT U.S. retail operations	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
09/06/06	2006	BenefitMall	BenefitPort SouthEast	FL	Independent Agency/Broker	Wholesale	EB & Consulting
09/01/06	2006	Aon Corporation	NARI Agency, LLC	MO	Public Broker	Wholesale	P&C
09/01/06	2006	BISYS Group, Inc.	D&O Concepts Inc./David A. Ratner Associates	NJ	Other Buyer	Wholesale	P&C
09/01/06	2006	Empire Equity Group, Inc.	Cove Insurance, Inc. (individual policy business)	FL	Other Buyer	Retail	P&C
09/01/06	2006	USI Holdings Corporation	Leader Associates Inc.	NY	Public Broker	Wholesale	EB & Consulting
08/25/06	2006	Central Bancshares, Inc.	Yaden Insurance Agency, LLC	KY	Bank or Thrift
08/24/06	2006	Aquatech Corporation	Paramount Capital Insurance Corporation		Other Buyer	Retail	P&C
08/22/06	2006	Management Group	BenefitMall	TX	Independent Agency/Broker	Wholesale	EB & Consulting
08/18/06	2006	National Specialty Underwriters Inc.	Adler-Downey of Arizona Inc. (medical professional liability book of business)		Insurance Company	Wholesale	P&C
08/18/06	2006	USI Holdings Corporation	Lennar Corporation (book of businesss of Universal American Insurance Agency Inc.)		Public Broker	Retail	P&C
08/14/06	2006	Brown & Brown, Inc.	Monarch Management Corporation	KS	Public Broker	Wholesale	P&C
08/02/06	2006	Hub International Limited	Post & Kurtz, Inc.	NY	Public Broker	Retail	EB & Consulting
08/02/06	2006	NFP Corp.	5 insurance companies		Public Broker
08/02/06	2006	USI Holdings Corporation	Hammaker Insurance Agency Inc.	VA	Public Broker	Retail	P&C
08/01/06	2006	Arthur J. Gallagher & Co.	Joe B. Haynie (assets)	OK	Public Broker	Retail	EB & Consulting
08/01/06	2006	Regions Financial Corporation	Texarkana Consolidated Insurance Group Agency Inc.	TX	Bank or Thrift	Retail	P&C
08/01/06	2006	W.R. Berkley Corporation	Garnet Captive Insurance Services, LLC	CA	Insurance Company	Retail	EB & Consulting
07/31/06	2006	LandAmerica Financial Group, Inc.	Napa Land Title Company	CA	Insurance Company	Retail	P&C
07/27/06	2006	Univest Corporation of Pennsylvania	B.G. Balmer & Company, Inc.	PA	Bank or Thrift	Retail	P&C
07/20/06	2006	Nationwide Mutual Insurance Company	Nielson Byers Inc.	CA	Insurance Company	Retail	P&C
07/18/06	2006	Berkshire Hathaway Inc.	American All-Risk Ins Svcs and American Commercial Claims Admin	CA	Insurance Company	Wholesale	P&C
07/12/06	2006	Arthur J. Gallagher & Co.	SP Tarantino Insurance Brokerage, Inc.	CA	Public Broker	Retail	P&C
07/11/06	2006	Philadelphia Consolidated Holding Corp.	Grundy Worldwide (collector car program renewal rights)		Insurance Company	Wholesale	P&C
07/11/06	2006	USI Holdings Corporation	Frank Siddons Insurance Agency, Inc.	TX	Public Broker	Retail	P&C
07/07/06	2006	Hays Companies	Onal & Associates Inc.	MD	Independent Agency/Broker	Retail	P&C
07/07/06	2006	Hub International Limited	Fortun Insurance Agency, Inc.	FL	Public Broker	Retail	P&C
07/05/06	2006	Hilb Rogal & Hobbs Company	Thilman & Filippini LLC	IL	Public Broker	Retail	P&C
07/03/06	2006	Brown & Brown, Inc.	TEBA Inc.	KY	Public Broker	Retail	P&C
07/03/06	2006	Wells Fargo & Company	Bodenhafer Insurance and Investment Group Inc.	IN	Bank or Thrift	Retail	EB & Consulting
07/01/06	2006	HCC Insurance Holdings, Inc.	G.B. Kenrick & Associates Inc.	MI	Insurance Company	Wholesale	P&C
07/01/06	2006	Raley, Watts & Associates	Alger & O'Neill Insurance Agency, Inc.	MD	Independent Agency/Broker	Retail	P&C
07/01/06	2006	Tompkins Trustco, Inc.	Kemp Agency, Inc.	NY	Bank or Thrift	Retail	P&C
06/30/06	2006	HCC Insurance Holdings, Inc.	Novia Underwriters, Inc.	IN	Insurance Company	Wholesale	EB & Consulting
06/30/06	2006	Wachovia Corporation	USIU Group Inc.	FL	Bank or Thrift	Retail	P&C
06/29/06	2006	Undisclosed buyer	Anthony Clark International Insurance Brokers Ltd. (fixed assets and customer accounts)		Other Buyer	Retail	P&C
06/29/06	2006	USI Holdings Corporation	Frederick E. Penn Insurance Agency, Inc.	MA	Public Broker	Retail	P&C
06/16/06	2006	CIGNA Corporation	Star Human Resources Group, Incorporated	AZ	Insurance Company	Retail	EB & Consulting
06/16/06	2006	Fiserv, Inc.	Insurance Wholesalers Inc.	CA	Other Buyer	Wholesale	EB & Consulting
06/16/06	2006	PSA Financial Advisors, Inc.	MTM Insurance Associates Inc.	MD	Other Buyer	Retail	EB & Consulting
06/16/06	2006	Stewart Information Services Corporation	Lapeer County Abstract & Title Company, Inc.	MI	Insurance Company	Retail	P&C
06/16/06	2006	T.B.A. Insurance, Inc.	Western Reliance Inc.	OR	Insurance Company	Retail	P&C
06/14/06	2006	Brown & Brown, Inc.	Excess & Surplus Lines Insurance Brokers, Inc.	CA	Public Broker	Wholesale	P&C