23 Dec, 2021

Washington puts LTC fund on hold; Kinsale Capital shifting listing to NYSE

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By Asma Rafique


Property and casualty

Kinsale Capital Group Inc. will transfer the listing of its common stock to the NYSE from the Nasdaq Global Select Market. Kinsale will start trading on the NYSE on Jan. 3, 2022, under its current ticker symbol.

Acrisure LLC acquired the managing general agency and third-party administrator operations of SUNZ Insurance Co. for undisclosed terms.

King Insurance Agency Inc. acquired Ft. Lauderdale, Fla.-based AGM Insurance Agency and Fordham Insurance Agency.

Arthur J. Gallagher & Co. acquired Escondido, Calif.-based health and welfare consultancy Bradawn Insurance Services Inc. for undisclosed terms.

The Hilb Group LLC acquired Hunt Valley, Md.-based PSA Insurance & Financial Services LLC, effective Dec. 1.

World Insurance Associates LLC acquired multiline insurer E & K Agency Inc. for undisclosed terms.

Life and health

The enactment of Washington state's new long-term care fund is being delayed as legislators seek to make certain improvements to the law, which was set to take effect in January 2022.

Athene Holding Ltd. signed an agreement to acquire Petros Pace Finance LLC in a deal expected to close in the first quarter of 2022.

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