Highstreet Insurance Partners has acquired several insurance companies across different regions, expanding its presence significantly. Some of the acquisitions include merge Georgia-based Winder Insurance Center, the assets of Texas based Collum Insurance Group, Florida based Mitchell Agency, and H.G. Ellis Agency based in New York. Additionally, they accrue NW presence by acquiring Columbia Insurance.
Moreover, they expanded their marine expertise by acquiring Dudek Insurance Agency Group and launched a new subsidiary with a newly-appointed CEO, Goodreau, under Brightstone.
Meanwhile, reports indicate there are concerns about the high street having an identity crisis with several high street shops are closing due to 'unfair' business rates and declining footfall. There are also reports of high street banks being considered for sales due to the rapid digital transformation in banking.
Concerns about the high street extend beyond these acquisitions and business closures to physical changes. Flooding caused road closures I-270 and High Street, and major high street is facing closure risk. In the UK, police operations have uncovered illegal activities on the high street and concerns about cash refusal by high street chains and restaurants has been challenged. At the same time, WH Smith, a high street brand, is the process of separation from its high street business. This includes selling high street stores and being renamed as TGJones.
Highstreet News Analytics from Mon, 29 Jul 2024 07:00:00 GMT to Wed, 18 Jun 2025 15:00:56 GMT -
Rating 6
- Innovation 3
- Information 5
- Rumor -4
