Inszone Insurance Services has acquired Webtec Insurance Services, a personal lines agency with roots in California and an established base in Colorado - two states where the combination of carrier pullbacks, climate-driven losses and rising premiums has made homeowners coverage scarcer and more expensive than almost anywhere else in the country.
The deal is one of several acquisitions Inszone has closed in 2026. The Sacramento-based brokerage ranked among the top three most active US broker buyers in 2025, alongside BroadStreet Partners and World Insurance Associates, with the three firms combined accounting for 19.4% of 753 announced broker M&A transactions that year. Inszone has now completed more than 130 acquisitions since 2002, operating in 22 states, with activity peaking at 43 deals in 2024.
The California context gives the Webtec acquisition its strategic weight. The state's FAIR Plan - the insurer of last resort for homeowners who cannot find coverage in the standard market - grew 44% to more than 668,600 policies between autumn 2024 and the end of 2025, driven by widespread carrier pullbacks from wildfire-prone areas. The FAIR Plan originally sought a 35.8% average rate increase - which would have been its largest ever - but the California Department of Insurance approved 29.1%, effective October 15, 2026, still the largest approved increase the plan has seen in recent history. The January 2025 Los Angeles wildfires generated an estimated $4 billion in losses for the plan alone, forcing a $1 billion assessment on member insurers.
Colorado's strain stems from a different peril. State regulators found hail - not wildfire - is the leading driver of homeowners premiums, accounting for 26% to 54% of the average bill depending on the county. The state ranks second nationally for hail claims and carries the sixth-highest homeowners premiums in the country, with mortgaged homeowners typically paying $2,000 to $2,499 a year, according to US Census Bureau data.
For agencies operating in both markets, deep carrier relationships and local underwriting knowledge have become more commercially valuable as placement options narrow - a dynamic that has made personal lines specialists in stressed states attractive acquisition targets for brokerages building scale.
Webtec was founded more than 40 years ago in California before relocating its headquarters to Colorado while keeping the bulk of its business in its home state. Its founder said the decision to sell was driven by succession planning and a desire to protect staff.
"After over 40 years in this business, I knew it was time to start looking toward retirement, but I wanted to make sure our clients and our team were taken care of," the founder said. "We liked what Inszone had to offer. Being able to keep our current staff was a big part of the decision."
Existing Webtec staff will remain in place, and clients will continue working with their current agents while gaining access to Inszone's broader carrier network and operational resources.
