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Diversification is good, whether it's in your investment portfolio or your agency's book of business. Learn how to build a solid surplus lines business to keep your agency profitable, no matter the market conditions.

Diversification is good, whether it's in your investment portfolio or your agency's book of business. Learn how to build a solid surplus lines business to keep your agency profitable, no matter the market conditions.

Itasca, Ill.-based insurance-broker Arthur J. Gallagher says fourth-quarter net income dropped 17 percent as expenses increased primarily in compensation and operations.

Marsh & McLennan Agency LLC led September with two announced acquisitions totaling more than $12 million in acquired revenue.

The month of August saw one major insurance-brokerage firm purchase the P&C brokerage operations of a bank as USI Insurance Services announced its acquisition of TD Insurance Inc.

The month of August saw one major insurance brokerage firm acquire the property and casualty insurance brokerage operations of a bank, as USI Insurance Services announcing its acquisition of T.D. Insurance Inc.

The month of August saw one major insurance brokerage firm acquire the property and casualty insurance brokerage operations of a bank, as USI Insurance Services announcing its acquisition of T.D. Insurance Inc.

Merger and acquisition activity for insurance brokers remained busy through the month of June as Arthur J. Gallagher led the way announcing three acquisitions.