Higginbotham Insurance
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Higginbotham Insurance
Higginbotham is an independent insurance brokerage firm founded in 1948 that provides businesses and individuals with insurance, financial services, risk management and employee benefit services. In addition to its headquarters in Fort Worth, Texas, Higginbotham operates in more than 87 offices in 16 states across the U.S. with approximately 2,700 employees. Higginbotham is ranked in the top 20 largest independent insurance brokerages in the U.S and is the largest based in Texas by revenue. History Paul C. Higginbotham founded his namesake agency in 1948 after returning from military service in World War II. It started as a small personal insurance brokerage firm in Paul’s Riverside neighborhood of Fort Worth, Texas. Paul’s nephew, Bill Stroud, purchased the agency in 1962 from his aunt who inherited it when Paul died. Between 1968 and 1983, the firm moved four times to more central locations in Fort Worth to attract an increasingly diverse clientele. In 1986, Bill hired Rus ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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