Around the P&C insurance industry: Aug. 23, 2017

Jacksonville, Florida-based property & casualty insurance retailer Brightway Insurance opened three new agencies. The offices will be:

- The Sarwar Agency, 2901 N. Argonne Road, Suite 3, Spokane, Washington
- The Scheibe Agency, 380 Perry Street, Suite 250, Castle Rock, Colorado
- The Osborne Agency, 7478 Creedmoor Road, Raleigh, North Carolina

Insurance brokerage Hub International Limited has acquired the assets of Portland, Oregon-based employee benefits specialists Coordinated Resources Group LLC. Terms of the acquisition were not disclosed.

Property & casualty insurance holding company Heritage Insurance Holdings Inc. has acquired NBIC Holdings Inc., the parent company of personal residential specialty underwriter Narragansett Bay Insurance Company. The purchase price will be $250 million, subject to post-closing adjustments, and the acquisition will be financed with $210 million in cash and $40 million of Heritage's common stock. The combined entity will have a presence in 12 states and over $900 million of gross premiums written.

Captive insurance domicile Guernsey will celebrate 10 years of its presence in China with an event in Shanghai on Sept. 21. Those interested in attending can contact Guernsey Finance's China Representative Wendy Weng at wendy@weareguernsey.com.

Burns & Wilcox has opened a new office in San Antonio, Texas. The office is located at 9901 Interstate Highway 10W, Suite 800, San Antonio, Texas 78230.

Bermuda-based Fidelis Insurance has appointed Charles Mathias, group chief risk officer, to its Board of Fidelis Insurance Holdings Limited. He succeeds Neil McConachie, who resigned as group chief financial officer and director earlier this year.

London-based Pioneer Underwriters announced that its Pioneer Special Risk (PSR) unit has launched a new optional coverage expansion election for specialty contractors. Effective immediately, Pioneer Special Risk offers specialty contractors the option of including Incidental Contractors Pollution Coverage, traditionally required as part of their client's contractual terms, within the Specialty Contractor's Primary CGL Policy.

Tuscon, Arizona-based independent agency RightSure Insurance Group has acquired Arizona Economy Insurance. Terms of the deal were not disclosed.

Guidewire Software, Inc., the California-based provider of P&C industry software products, recently announced that consulting and services firm Insurance Technology Services has hoined Guidewire PartnerConnect as a consulting alliance member at the select level.

Guidewire also added CoreLogic to its PartnerConnect program as a solution member.

Boca Raton, Florida-based Seeman Holtz Property & Casualty Inc. has acquired Dallas-based Primera Capital. Terms of the transaction were not disclosed.

Seeman Holtz has also acquired Arlington, Texas-based Agency Acquisitions LLC. Terms of the deal were not disclosed.

Euler Hermes, a leading global trade credit insurer, has launched Surety — including performance and payment bonds — in its Americas region (U.S., Canada and Brazil). Locally in the U.S., Canada and Brazil, Euler Hermes will partner with specialized surety agents and brokers and will focus on contract and commercial surety.

Retail property, casualty insurance brokerage and employee benefits consultant Epic Insurance Brokers & Consultants recently launched a new Wellness Center for employees of the city of Atlanta. Epic consultants Cloe Guidry and Chris Clark provided health management consulting services and guidance for Atlanta throughout the design and development of the Wellness Center. Guidry and Clark anticipate that after 36 months the City of Atlanta will save $2 for every $1 it invests in the program.

White Mountains Insurance Group Ltd. recently announced it intends to commence a "modified Dutch auction" self-tender offer to purchase 500,000 of its common shares, or such lesser number of its common shares as are properly tendered and not properly withdrawn, at a purchase price of not greater than $875 or less than $825 per share, net to the seller in cash. The tender offer is expected to expire at 12 midnight, New York City time, at the end of the day on Sept. 14, 2017, unless extended.

Itasca, Illinois-based insurance brokerage and risk management services company Arthur J. Gallagher & Co. has acquired Howell, Michigan-based Ballard Benefit Works Inc. Terms of the transaction were not disclosed.

NJM Insurance Company has expanded its Teen Driver Safety Program to include "Share the Keys," a research-based driver education program that provides parents of teens with the tools and resources needed to build and reinforce safe driving habits. The program is being offered at no cost to New Jersey high schools through a partnership with the New Jersey Motor Vehicle Commission (MVC).

Bear Insurance Service has been acquired by First Bancorp, the parent company of First Bank and First Bank Insurance Services Inc. The transaction is expected to close in early September 2017.

Insurance industry consumer journey insights platform Jornaya has will move into a new office space at 1001 E. Hector Street, Suite 230, in Conshohocken, Pennsylvania.

Crum & Forster's pet insurance division, Crum & Forster Pet Insurance Group, has launched a new mobile app for iOS and Android. App functionality will include the ability to submit and track claims, view explanation of benefit documents (EOBs), make a payment and view policy information.