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Delos in California Secures Another $9M Funding

3 weeks 2 days ago
Property insurance managing general agent Delos Insurance Solutions said it has raised $9 million through a Series A funding round led by HSBC Asset Management and includes IA Capital Group, Blue Bear Capital and Generation Space along with angel investors. …

Delaware Voters to Elect Insurance Commissioner

3 weeks 2 days ago
On November 5, Delaware voters will decide who will be the state’s insurance commissioner. Incumbent Trinidad Navarro is running for re-election. He won more than 70% of the vote in the Democratic primary in September. Navarro was first elected commissioner …

OPTIS: Insurance Agency M&A Down 10% This Year

3 weeks 3 days ago
The total of insurance agency mergers and acquisitions as of the end of September was down 10% from the same period in 2023, according to investment banking and financial consulting firm OPTIS Partners. OPTIS Partners’ M&A database counted 535 announced …
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InterWest Acquires McDermott-Costa Insurance Brokers in California

3 weeks 3 days ago
InterWest Insurance Services acquired McDermott-Costa Insurance Brokers in San Leandro, California. John Johnson and Mike McDermott will remain in leadership roles. InterWest is headquartered in Sacramento. McDermott-Costa Insurance Brokers is an employee owned, regional independent insurance brokerage firm.