Highstreet Insurance has secured $550 million in new capital for acquisitions and is taking steps towards continuous expansion. This is exemplified by their recent acquisitions of Texas based Collum Insurance Group, Siebert Insurance, Georgia-based Winder Insurance Center, upstate New York based H.G. Ellis Agency, and Florida based Mitchell Agency, Inc. They have also acquired assets of the Dudek Insurance Agency Group, Inc. to expand their marine expertise. With the growth capital, Highstreet Insurance Partners has also announced the formation of Brightstone Specialty Group, appointing Stazzone as the President of Industry Solutions and Goodreau as the CEO of the new subsidiary.
Meanwhile, on the retail front, High Street stores have been experiencing challenges with store closures and declining footfall, triggering discussions around the sector’s identity crisis. Despite this, Millennial-favourite Topshop is teasing a return to the High Street, and retailer Søstrene Grene is hoping to revive the UK High Streets.
Some other High Street news includes traffic schemes, road closures due to flooding and high-street rental auctions set to come in force in 2024. The High Street also saw protests against Trump policies and was part of police raids finding cannabis farms and evidence of slavery.
Highstreet News Analytics from Mon, 16 Sep 2024 07:00:00 GMT to Wed, 20 Aug 2025 11:46:45 GMT - Rating 7 - Innovation 7 - Rumor -4
