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disclosed. “This acquisition provides an attractive foothold for us in metro Baltimore anda broader representation in the Washington, DC area. It will extend our deeprelationships with BB&T banking clients and open doors to new clients,” said BB&TInsurance Services CEO Wade Reece. “We couldn't have asked for a better partner toget us here today. Atlantic Risk Management has been one of the most successfulcommercial insurance agencies in the mid-Atlantic for the past 30 years.” Atlantic Riskprovides risk management consulting and a full array of business insurance productsand services operating both on a local and national level. Two of its niche offeringsinclude surety bonds for the construction industry and telecommunications insurance forindependent cellular tower owners, paging companies, and related companies. “Bybecoming part of BB&T Insurance, not only will our clients enjoy the benefit of marketclout, added services and a relationship with the sixth largest insurance agency in theUnited States, they will still be taken care of by the same people that they have trustedfor years,” said Pete Marcelli, Atlantic Risk Management chairman and co-founder.“This is a winning combination and a great move for our employees and clients.” AtlanticRisk will operate as BB&T-Atlantic Risk Management. Mary Ann Marbury, Atlantic Riskpresident, will continue to oversee the operation. BB&T Insurance Services operates anexisting Maryland agency in Frederick, BB&T-Frederick Underwriters. Contact WadeReece at 919.716.9770 or wreece@bbandt.comBB&T Insurance Services to Acquire Liberty Benefit (September 22, 2011): BB&TInsurance Services will expand its California operations with the acquisition of LibertyBenefit Insurance Services of San Jose, CA. Liberty will operate as BB&T-LibertyBenefit Insurance Services. The acquisition adds 25 employees to BB&T InsuranceServices. The transaction is expected to be completed on October 1. Terms were notdisclosed. Liberty, a full-service employee benefits broker founded in 1991, partnerswith large commercial clients in the San Francisco Bay Area to help them manage risinghealth care costs, changing regulations and complex benefits administration. “We’reexcited about our expansion in California,” said BB&T Insurance Services CEO WadeReece. “We've always said we have long-term faith in California, the No. 1 state forinsurance values in the country and the 10th largest economy in the world.” BB&TInsurance Services entered the state in June 2008 with its acquisition of San Diegobased UnionBanc Insurance Services. BB&T Insurance Services operates Californiaagencies in Folsom, Fullerton, Glendale, Irvine, Pleasanton, San Diego and SanFrancisco. “We could not be more pleased to welcome an agency with the superiorreputation for benefits expertise and client service that Liberty Benefit InsuranceServices has,” said Martin Loth, president and chief executive officer of BB&T InsuranceServices of California. “For nearly two decades, Liberty has been relentless in findingnew ways to ease what so many company executives will tell you is one of their largestburdens.”

Brown & Brown Subsidiary to Acquire Assets of Industry Consulting Group(October 3, 2011): Brown & Brown, Inc. announced that a new wholly-owned subsidiaryof the company has entered into an agreement to acquire substantially all of the assetsof Industry Consulting Group, Inc., located in Dallas and Wichita Falls, Texas.Finalization of the transaction is subject to the satisfaction of certain customaryconditions. With approximately 7.1 million of annualized revenues, Industry ConsultingGroup, Inc. (ICG) provides property tax services -- including tax reporting, payment, andvaluation and assessment appeals services -- to financial institutions and other clients inTexas and throughout the United States. ICG's principal and President, Matthew A."Matt" Warmuth, and his team will continue to serve their clients from their Dallas andWichita Falls locations, under the Industry Consulting Group name. Kenneth R. "Ken"Masters, Regional Executive Vice President for Brown & Brown, Inc., noted, "MattWarmuth and his family have grown ICG into a technically strong organization thatprovides creative solutions for its clients' property tax needs. This transaction furtherbroadens the complement of services we can offer our clients." "This transactionrepresents a significant step for ICG in our strategy to accelerate our growth in propertytax services," said Matt Warmuth, chief executive officer of ICG. "Brown & Brown'sculture, size and scope of services will allow us to become a better, more dynamic andmore efficient operation. Ultimately, we believe this will make us a true leader in ourindustry." Contact Cory Walker at 386.239.7250Brown & Brown of Central Michigan Acquires Public Employee Benefits Solutions(September 1, 2011): Brown & Brown of Central Michigan, Inc. has acquiredsubstantially all of the assets of Public Employee Benefits Solutions, LLC, in Saginaw,MI. Fred Todd stated, “Brown & Brown's culture of honesty and integrity, along with theresources they bring as one of the largest and most respected insurance intermediaries,is an excellent fit for partnership with PEBS. We are delighted they chose our agency tobe part of the B&B(SM) team. The wide range of resources available through B&B willbe indispensable to our current and future clients.” Contact Cory Walker at386.239.7250.Brown & Brown of Washington Acquires Thompson, Spears & Associates (August4, 2011): Brown & Brown of Washington, Inc. has acquired substantially all of the assetsof Thompson, Spears & Associates, Ltd., in Bellevue, Washington. Lawrence C. "Larry"Thompson and W. Winn Spears founded Thompson, Spears & Associates, Ltd. (TSA)in 1997. These individuals also serve as trustees of the Northwest Employers Trust(NET), which provides group medical and dental coverage to small employer groups inthe states of Washington and Oregon through Regence BlueShield (medical) andUnited Concordia Insurance Company (dental), respectively. With annual revenues ofapproximately 2.4 million, TSA serves as the managing general agent for coverageplacements through NET. Larry Thompson, Winn Spears, and their staff will remain intheir current Bellevue, Washington location. J. Scott Penny, chief acquisitions officer

and regional president for Brown & Brown, Inc., stated, "TSA is a well-known and highlyrespected MGA, and Larry and Winn have helped NET grow into one of the premierfully-insured trusts in the Northwest. Their innovative approach to meeting the dynamicneeds of small employer groups makes this an exciting addition to our portfolio ofemployee benefits products and services." Contact Cory Walker at 386.239.7250Burns & Wilcox Purchases Kimbrell Insurance Group (October 3, 2011): Burns &Wilcox has purchased Kimbrell Insurance Group, Inc., a wholesale broker andunderwriting manager. Kimbrell was founded in 1986 and is located in Myrtle Beach,SC. Burns & Wilcox acquired Kimbrell from First Financial Holdings, Inc., headquarteredin Charleston, SC. The purchase signifies the first Burns & Wilcox office in SouthCarolina, reinforcing their presence in all Southern states. “This acquisition strengthensour position in the South, providing our brokers and agents additional resources,insurance products, and greater depth of service,” said Alan Jay Kaufman, President,Chairman, and Chief Executive Officer of Burns & Wilcox.Confie Seguros Acquires Trustway Insurance Agencies (October 11, 2011): ConfieSeguros announced that it has acquired the Florida operations of Trustway InsuranceAgencies, a leading insurance brokerage in Florida that will serve as a strong platformfor further expansion throughout the state. Trustway Insurance provides personalinsurance lines, including auto, homeowners, and business insurance. TrustwayInsurance has 28 retail locations throughout the state. The new Florida operation will beoverseen by Jeff Greene, an insurance executive with over 25 years of experience inthe Florida market with standard and non-standard companies, who will serve asGeneral Manager of Florida. He will also be involved in expanding the firm's presence inthe state through additional acquisitions. Confie Seguros CEO John Addeo said, "Wehave conducted extensive research on potential investment opportunities in Florida andwe believe Trustway serves as the best platform to establish our presence in this keystate and expand further with our formula that focuses on Hispanic consumers. Wehave a strong management team, led by Jeff Greene, and we look forward to workingwith him to grow the Florida operation organically and through acquisitions." ConfieSeguros is a portfolio company of Genstar Capital, a San Francisco-based privateequity firm that focuses on investments in selected segments of the life sciences,healthcare, financial services, software, and industrial technology industries. Genstarestablished Confie Seguros in 2008 in collaboration with the company's managementteam to acquire insurance agencies focused on the Hispanic consumer.Hub International Acquires Assets of the Ross Benefits Group (October 14, 2011):Hub International Limited announced that it has acquired the assets of The RossBenefits Group, Ltd. (Ross), a New York City-based employee benefits brokerage and

consulting firm. Terms of the acquisition were not disclosed. Ross is the Group Healthand Benefits division within The Ross Companies and is the sole division of the RossCompanies affiliated with this transaction. The employees of Ross will become part ofthe Hub International Northeast Limited team and will move into Hub’s existing office inManhattan, reporting to Joseph Torella, President, Employee Benefits Division, HubInternational Northeast. Offering creative solutions to its clients since the 1960’s, Rossprovides traditional Health & Welfare Group Insurance services to companiesthroughout the New York metropolitan area in a wide range of industries, includingfinancial services, law, engineering, education, marketing, advertising, and retail. Theyoffer a full suite of advisory and brokerage services for all lines of insurance coverageincluding Medical, Dental, Short and Long-Term Disability, Accidental Death &Dismemberment, Dental, Vision and Life Insurance. “We are pleased to welcome theRoss team and their existing clients to Hub,” said Joseph Torella, President, EmployeeBenefits Division, Hub International Northeast. “In this critical time when Health CareReform is being implemented and healthcare cost trends are accelerating, it is importantthat we forge strong partnerships with other well established brokers who are committedto providing their clients with the highest level of consultancy and leading-edge clientservice and strategy development. We look forward to working with the talentedindividuals who will be joining us and providing them with the value-added resourcesthat only a top 10 global insurance brokerage can provide.” Contact Clark Wormer at312.279.4848 or clark.wormer@hubinternational.comHub International Acquires House of Insurance (October 4, 2011): Hub InternationalLimited has acquired the shares of House of Insurance, Inc. (House), a Hamilton, MTinsurance brokerage firm. Terms of the acquisition were not disclosed. In connectionwith this acquisition, the employees of House will become part of Hub InternationalMountain States (Hub Mountain). Bill and Judy Rummel, Principals of House, will joinHub Mountain. House currently arranges commercial and personal lines insuranceprograms for clients throughout Montana. Founded in the 1960s, they work with a widerange of businesses on their property and casualty insurance, with a niche in servingthe coverage needs of medical facilities. Additionally, they focus on personal insurance,with an expertise in high value dwellings. This acquisition will fulfill Hub Mountain’s goalto add a strategic location south of Missoula, Montana. “The addition of the House ofInsurance team will give Hub a much larger presence in Montana,” said Tim Barnes,President, Hub Mountain. “We look forward to working with the employees of Houseand serving their customers with the many value-added products and services that Huboffers as a leading global insurance brokerage firm.” Contact Clark Wormer at312.279.4848 or clark.wormer@hubinternational.comHub International Acquires Coastal Insurance Services (October 3, 2011): HubInternational Limited announced that its Hub International TOS (Hub TOS), BritishColumbia, operating unit has acquired the shares of Coastal Insurance Services Ltd.

(Coastal), a Port Moody, BC-based insurance brokerage firm specializing in insuringstrata corporations and individual unit owners in BC for more than 25 years. Terms ofthe acquisition were not disclosed. Coastal’s existing client base is made up of many ofBC’s top property managers, more than 2,600 strata corporations, and thousands ofstrata owners, which will complement the current focus of Hub TOS. Their realtyprogram account portfolio and expertise will integrate with the current Hub TOS clientbase and provide cross sell opportunities through all lines of business. The team fromCoastal will continue to operate as a separate region through Hub TOS, headed up byCoastal’s President, Mike Valiquette and Vice-President, Dave Terry. “We are delightedto welcome the Coastal team to Hub and expand our team of professionals at HubTOS,” said Tina Osen, President and CEO of Hub TOS. “Due to their strong existingclient and market relationships and the great depth of expertise in realty, this acquisitionwas a great fit for us. We look forward to providing the existing Coastal clients with themany value-added services that Hub provides as part of our product offerings." MikeValiquette, President of Coastal added: “This acquisition represents our dedication tocontinuing and enhancing Coastal’s value proposition to its clients and securing excitingfutures for Coastal employees.” Contact Clark Wormer at 312.279.4848 orclark.wormer@hubinternational.comJ.C. Flowers & Co. Acquires Fidea (October 17, 2011): KBC Group has reached anagreement with J.C. Flowers & Co. for the sale of its subsidiary Fidea for a totalconsideration of 243,6 million euros, including 22,6 million euros pre-completiondividend and subject to pricing adjustments on closing accounts. With this transaction,Fidea will become part of an international well- established private equity groupspecialised in participations/investments in the financial services sector. Fidea is a wellestablished player on the Belgian insurance market. The company offers both life andnon-life insurance products to private customers, the self-employed and companies. Itsells its policies through independent insurance brokers and - within a bancassuranceco-operation agreement - through Centea's and Crédit Agricole's network of agents.The Fidea brand and management team will be maintained and Fidea will continue tooperate out of Antwerp. The closing of the transaction is subject to customary regulatoryapprovals and is expected to be completed in the first quarter of 2012. J. ChristopherFlowers, Chairman of J.C. Flowers & Co, commented, "We are very pleased to invest inFidea, which we consider to be one of the premier insurance brands within Belgium ledby an excellent management team. We look forward to helping Fidea chart a newcourse for the company outside of KBC Group, and we are eager to get started rightaway to help continue the growth of Fidea as an independent company. We believe thatour deep experience in financial services, including most importantly, owning andoperating insurance companies, will enable us to support Fidea to continue its excellentwork providing its customers and brokers with leading insurance products."

Medical Protective Acquires Princeton Insurance (September 28, 2011): MedicalLiability Mutual Insurance Company (MLMIC) and Medical Protective Company(MedPro), a Berkshire Hathaway subsidiary, announced that they have entered into adefinitive agreement for the sale of Princeton Insurance Company, one of theNortheast's premiere professional liability insurers for healthcare providers, subject toregulatory filings, review and approvals. The directors and shareholders of MLMIC,Princeton and MedPro have approved the agreement that provides for MedPro'spurchase of 100% ownership of Princeton from MLMIC in an all-cash transaction. Theacquisition, which is subject to customary closing conditions and regulatory approvals,is expected to close in the fourth quarter of 2011. "MedPro's acquisition of Princeton, ifapproved, would ensure that there is continuity of Princeton's medical professionalliability coverage for its current policyholders and enable Princeton to continue itsmission in the future," said MLMIC's President, Robert A. Menotti, M.D. "At the sametime, this transaction would maximize the value of Princeton for our MLMICpolicyholders. Further, MLMIC would benefit by being able to focus entirely on itscommitment to New York State healthcare providers, offering the highest qualityprofessional liability insurance to physicians, dentists, hospitals, and other healthcareproviders at the lowest possible cost consistent with long term viability. We have beenpleased with the efficient and smooth acquisition process we have experienced withBerkshire's MedPro and extend our best wishes to Princeton employees for continuedsuccess." Charles Lefevre will retain his position as the president of PrincetonInsurance. As part of the deal, Medical Protective will acquire Princeton's contracts withover 13,000 health-care providers and yearly gross-written premiums of around 140m.Nationwide Mutual Acquires Harleysville Insurance (September 29, 2011):Nationwide Mutual Insurance Company and Harleysville Mutual Insurance Companyand Harleysville Group Inc. announced that they have entered into a definitiveagreement under which Harleysville will combine with Nationwide. Under the terms ofthe agreement, Harleysville Mutual policyholders will become policyholders andmembers of Nationwide Mutual and Nationwide Mutual will acquire all of the publiclyheld shares of common stock of Harleysville Group for 60 per share in cash. Joiningwith the Harleysville companies will further strengthen and diversify Nationwide’sbusiness, expand its distribution footprint, and increase its P&C commercial linesbusiness. The combined organization, which will have an estimated net surplus of morethan 13.5 billion and over 16 billion in annual direct written premiums, will be wellpositioned for growth. “This combination brings together two best-in-class companiesthat share a mutual heritage and a focus on meeting the long-term needs of ourpolicyholders,” said Steve Rasmussen, Chief Executive Officer of Nationwide. “WithHarleysville’s expertise in commercial lines and Nationwide’s complementarygeographic distribution, there will be a substantial opportunity to increase market share,while also providing our combined agents and customers access to a broader portfolioof insurance, financial and banking products.” Through the combination, Harleysville willjoin Nationwide’s P&C independent agency business unit under the Harleysville brand.In addition, Harleysville’s current headquarters in Harleysville, PA, will serve as an

integral part of the combined company’s national, independent agency-based platform.Harleysville CEO Michael Browne will become the President and Chief OperatingOfficer of the Harleysville company. The transactions are subject to customary closingconditions, including, among others, approvals from stockholders of Harleysville Group;policyholders of Harleysville Mutual and Nationwide Mutual; the Pennsylvania InsuranceDepartment; the Ohio Department of Insurance; and various other regulatory bodies.The transactions are expected to close in early 2012.OneBeacon Agrees to Sell Aut

Ascension Insurance Acquires Fred Lewis Agency (October 7, 2011): Ascension Insurance announced the acquisition of Fred Lewis Agency, located in Kingsland, TX. Ascension is a nationwide insurance brokerage and consulting firm specializing in risk management, property & casualty, and employee benefits solutions for businesses and individuals.