December 4, 2023
Confie announced the acquisition of Acceptance Insurance’s retail division to its family of brands. The personal lines distribution company said its latest acquisition expands its footprint to 26 states across the U.S. with the retail store additions in Ohio, Pennsylvania …
June 29, 2023
The US antitrust agencies are requiring firms to turn over much more information about their transactions than before in an overhaul to merger rules that could delay deals by months. The revamp of the so-called Hart-Scott-Rodino filing process, a move …
May 10, 2023
The US government’s aggressive stance on antitrust is chilling merger activity among the country’s biggest companies, with some deals never making it past the boardroom as executives fear lengthy and expensive approval processes. US enforcers have roughly doubled their efforts …
January 9, 2023
Following a record year in 2021, insurance agency consulting firm Marshberry said the amount of mergers and acquisitions in the insurance industry dropped by more than 200 in 2022 but when all is said and done, the year could still …
January 4, 2023
Specialty broker CAC Specialty and Cobbs Allen, a P/C and employee benefits broker, today announced the completion of their merger. The transaction creates a fully integrated specialty platform with the scale, resources and talent to serve a broad array of …
June 6, 2022
Elon Musk warned Twitter Inc. on Monday that he might walk away from his $44 billion deal to acquire the social media company if it fails to provide the data on spam and fake accounts that he seeks. This was …
March 21, 2022
Warren Buffett’s Berkshire Hathaway said it reached an agreement with Alleghany Corp. to buy the New York-based property and casualty insurer for about $11.6 billion. Omaha, Nebraska-based Berkshire will acquire all outstanding Alleghany shares for $848.02 per share in cash …
March 9, 2022
Alphabet Inc’s Google is buying cybersecurity firm Mandiant Inc for $5.4 billion in a deal that could trigger a “ripple effect” as cloud rivals Microsoft and Amazon also ramp up efforts to fortify the fast-growing business. A shift to remote …
April 22, 2021
There may be many more carriers and brokers waiting on the sidelines of the insuring cannabis sector to get in than most may realize. That was among the messages delivered by experts during Insurance Journal’s webinar in mid-April, How Insurance …
March 30, 2018
U.S. retailer Walmart Inc. is in early-stage talks with health insurer Humana Inc. about developing closer ties, with the acquisition of Humana being discussed as one possibility, people familiar with the matter said on Thursday. Should the talks lead to …