April 5, 2016
The Florida Office of Insurance Regulation (OIR) has issued a Consent Order (see below) approving, with additional requirements, Anthem, Inc.’s (Anthem) application to acquire 100 percent of the issued and outstanding voting securities of HealthSpring of Florida (d/b/a Leon Medical …
October 22, 2015
Ace Ltd. Chief Executive Officer Evan Greenberg said it would be a mistake to start celebrating his agreement to buy Chubb Corp. for more than $28 billion, because the real test will be to integrate the insurers. “That execution takes …
September 30, 2015
United Insurance Holdings Corp. (UPC Insurance) said it will pay $57 million for Interboro Insurance Co., a New York-based property/casualty insurer licensed to operate in four states and Washington, D.C. The deal involves both cash and stock and allows for …
July 24, 2015
Anthem Inc. said on Friday it would buy Cigna Corp in a deal valued at $54.2 billion, creating the largest U.S. health insurer by membership. The deal – the biggest ever in the health insurance industry – comes three weeks …
July 23, 2015
Anthem Inc. is near an agreement to buy rival Cigna Corp. for about $48 billion, two people with knowledge of the matter said. A deal would create the largest health insurer in the U.S. after almost a year of talks. …
April 7, 2015
The Redwoods Group, a provider of insurance to YMCAs, Jewish community centers and residential and day camps, has agreed to a merger with specialty insurer Crum & Forster, part of Fairfax Financial Holdings Ltd. Terms of the deal were not …
January 8, 2015
Marsh & McLennan Agency has acquired The Benefit Planning Group Inc., a Durham, North Carolina-based employee benefit consulting firm. Terms of the transaction were not disclosed. Founded in 1991, The Benefit Planning Group (BPG) specializes in employee benefits and insurance …
January 8, 2015
Six merger and acquisition announcements in the North American property/casualty insurance and reinsurance sectors in late 2014—and another global deal on the table—may herald a raft of deals in 2015, Fitch Ratings predicted. Fitch analysts took inventory of deals that …