Itasca, Illinois-based insurance brokerage and risk management services company Arthur J. Gallagher & Co. has acquired Salt Lake City-based risk advisors The Presidio Group, Inc. Terms of the transaction were not disclosed.

Middle market agency Marsh & McLennan Agency LLC completed the acquisition of insurance brokerage J. Smith Lanier & Co. JSL will operate as MMA's Southeast regional hub under the leadership of JSL's Chief Executive D. Gaines Lanier and Chief Operating Officer Gary Ivey. All of JSL's employees are joining MMA.

Monmouth Junction, New Jersey-based Agency Network Exchange LLC added seven new agencies in Pennsylvania and New Jersey last year to grow its membership to more than 50 independently owned and operated agencies. The New Jersey agencies are:

  • U.S. Insurance (Newton)

  • Richards & Summers (Denville)

  • Livingston Insurance Agency (Livingston)

  • Fidella Insurance (Mount Laurel)

ANE added three agencies in Pennsylvania:

  • Absolute Insurance Agency (Upper Chichester)

  • Commercial Insurance Providers Group (Levittown)

  • The DeAngelo Company (Wyomissing)

Specialty insurer H.W. Kaufman Financial Group and Burns & Wilcox Canada have acquired the high-value homeowner's insurance practice from Quebec-based XN Financial Services, Inc. Terms of the deal were not disclosed.

Marsh LLC, New York City-based insurance broker and risk management company, announced its subsidiary Torrent Technologies, Inc. has been selected to become the National Flood Insurance Program Direct Service Provider. The selection was made by FEMA.

The IHC Group repurchased 290,000 shares of its common stock for $5.8 million in a private transaction. IHC has been repurchasing stock in open-market purchases under its repurchase program.

JLT Group, providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, acquired a majority stake in Construction Risk Partners LLC, a construction risk and surety specialty insurance broker in the U.S. Terms of the deal were not disclosed.

Jacksonville, Florida-based property and casualty insurer Main Street America Group implemented a new private passenger auto insurance program in New York, Pennsylvania and Rhode Island. Learn more about the program, called "Main Street Protection Auto," here.

Hartford, Connecticut-based core processing and data analytics provider Insurity acquired Denver-based P&C data and analytics provider Valen Analytics. Valen will operate as "Valen Analytics, an Insurity company."

ESIS, Inc., Chubb's risk management solutions division, has added Telemedicine to its suite of medical services offered through ESIS NurseLine.

Alpharetta, Georgia-based LexisNexis Risk Solutions upgraded the analytics capabilities of Driver Signature, its proprietary technology for insurance telematics programs, to increase accuracy when identifying the driver for a given trip based on driving style.

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