BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Broker buys benefits consulting and broker services firm


Memphis, Tennessee-based insurance broker Regions Insurance Inc. said Monday that it has acquired Atlanta-based The A.I. Group Inc.

The terms were not disclosed.

The A.I. Group provides employee benefits consulting and insurance brokerage services for mid-size and large employers in the United States.

Co-founders and Managing Partners Dan Murphy and Dave Woodruff, along with The A.I. Group's 39 employees have joined Regions Insurance. Messrs. Murphy and Woodruff will continue to play a key role in the employee benefits consulting firm, Regions Insurance said in a statement.

The A.I. Group will operate under the name Regions Insurance. The employee benefits consulting firm will make the transition by the end of the year, according to a Regions Insurance spokeswoman.

“The A.I. Group has many years of experience providing large group employee benefits expertise to companies nationwide in a customized and strategic manner,” said Curren Coco, CEO of Regions Insurance Group.

Read Next

  • Chinese firm to acquire international unit of American insurer

    Hanover, New Hampshire-based White Mountains Insurance Group Ltd. on Monday said it has sold its property/casualty reinsurance and insurance unit Sirius International Insurance Group Ltd. to CM International Holding Pte. Ltd. for about $2.24 billion.