INSURASALES

Tag: Insurance Market Expansion

State Farm Plans Entry into Massachusetts Home and Auto Insurance Market in 2027

State Farm announces plans to enter Massachusetts home and auto insurance market in 2027, challenging regional insurers and expanding its footprint in the Northeast insurance industry.

Idaho Farm Bureau Insurance Expands with Mountain West Acquisition

Idaho Farm Bureau Insurance Company acquires Mountain West Farm Bureau Mutual, expanding property-casualty insurance services across five Mountain West states, enhancing market reach and operational capacity.

AvonRisk Acquires AS&G to Boost Claims Admin in Southern US Markets

AvonRisk acquires AS&G Claims Administration, expanding their claims management and workers' compensation services in Texas, Louisiana, Mississippi, and Alabama. AS&G retains its leadership, enhancing AvonRisk's service offerings to public entities and self-insured employers.

Trucordia Expands US Footprint with Vegas Valley Benefit Plans Acquisition

Trucordia broadens its U.S. market reach by acquiring Vegas Valley Benefit Plans, enhancing its employee benefits offerings in the southwestern region.

Winged Keel Expands National Presence with MBW Group Acquisition and Minneapolis Office

Winged Keel Group expands nationally by acquiring MBW Group and opening a new Minneapolis office, enhancing life insurance solutions for high-net-worth clients.

Medica Expands Nonprofit Health Insurance with Coordinated Care in St. Louis

Medica enters St. Louis offering a nonprofit health insurance option with integrated coordinated care aligned to major provider networks Mercy and SSM. This model promotes efficient care and competitive pricing without shareholder pressure.

Johnson & Johnson Expands Insurance Footprint with Indemnity Excess & Surplus Agency Acquisition

Johnson & Johnson expands its footprint in the U.S. wholesale insurance market through the acquisition of Indemnity Excess & Surplus Agency, enhancing product offerings and agency services.

King Risk Partners Expands Northeast Presence with Fidens Insurance Acquisition

King Risk Partners expands Northeast insurance market footprint through the acquisition of Fidens Insurance Brokers, enhancing commercial and M&A insurance capabilities.