Insurance Journal » Mergers and Acquisitions http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Tue, 27 Jan 2015 20:59:52 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.2 Associated Banc-Corp to Acquire Ahmann & Martin in Minnesota http://www.insurancejournal.com/news/midwest/2015/01/20/354556.htm Wed, 21 Jan 2015 00:21:07 +0000 http://www.insurancejournal.com/?p=354556 Associated Banc-Corp (Associated) announced it has entered into an agreement to acquire Ahmann & Martin Co., a risk and benefits consulting firm in Minnesota, through Associated’s subsidiary, Associated Financial Group. The transaction is expected to close in February. Associated Financial Group …

The article Associated Banc-Corp to Acquire Ahmann & Martin in Minnesota appeared first on Insurance Journal.

]]>
Ohio’s Smith Insurance Services Partners with the Leavitt Group http://www.insurancejournal.com/news/midwest/2015/01/15/354244.htm Fri, 16 Jan 2015 02:56:24 +0000 http://www.insurancejournal.com/?p=354244 Ohio-based Smith Insurance Services Inc., along with Franchise Insurance Agency Inc., has entered into a partnership with the Leavitt Group. The agency will now be doing business as Smith & Leavitt Insurance Services and will continue to exclusively offer personal …

The article Ohio’s Smith Insurance Services Partners with the Leavitt Group appeared first on Insurance Journal.

]]>
California Surplus Lines up Considerably in 2014, Report Shows http://www.insurancejournal.com/news/west/2015/01/14/354104.htm Wed, 14 Jan 2015 23:49:01 +0000 http://www.insurancejournal.com/?p=354104 Premiums for California wholesalers rose considerably in 2014 from a year earlier, showing that segment of the industry outperformed the rest of the state’s economy, according to a report from the Surplus Lines Association of California. For 2014 there was …

The article California Surplus Lines up Considerably in 2014, Report Shows appeared first on Insurance Journal.

]]>
J. Mace Meeks Insurance Team Joins Insgroup in Houston http://www.insurancejournal.com/news/southcentral/2015/01/12/353787.htm Mon, 12 Jan 2015 17:46:25 +0000 http://www.insurancejournal.com/?p=353787 J. Mace Meeks has moved his insurance practice to Houston-based privately held insurance agency, Insgroup Inc., effective Jan.1, 2015. With 25 years of experience, Meeks and his team of nine professional associates bring to Insgroup their commitment to the highest …

The article J. Mace Meeks Insurance Team Joins Insgroup in Houston appeared first on Insurance Journal.

]]>
Western National Insurance, Michigan Millers Mutual Join Forces http://www.insurancejournal.com/news/midwest/2015/01/07/353212.htm Wed, 07 Jan 2015 17:50:11 +0000 http://www.insurancejournal.com/?p=353212 Minnesota-based Western National Insurance Group announced an affiliation between Michigan Millers Mutual Insurance Co. and Western National Mutual Insurance Co. This affiliation will be final after the necessary regulatory approvals are completed, which are expected to be done by the …

The article Western National Insurance, Michigan Millers Mutual Join Forces appeared first on Insurance Journal.

]]>
DSP Insurance Services Acquires Willis of Illinois’ Schaumburg Office http://www.insurancejournal.com/news/midwest/2015/01/06/351819.htm Tue, 06 Jan 2015 17:43:28 +0000 http://www.insurancejournal.com/?p=351819 DSP Insurance Services, based in the Chicago area, announced the purchase of certain assets of Willis of Illinois’ Schaumburg office. The acquisition was finalized Dec. 31, 2014. John Adams, Bob Mielke, Jerry Olson and key staff personnel lead the team …

The article DSP Insurance Services Acquires Willis of Illinois’ Schaumburg Office appeared first on Insurance Journal.

]]>
Brown & Brown Subsidiary Acquires Hall-Wright General Agency http://www.insurancejournal.com/news/southcentral/2015/01/05/351696.htm Mon, 05 Jan 2015 17:04:15 +0000 http://www.insurancejournal.com/?p=351696 Brown & Brown Inc., through its subsidiary, Texas Security General Insurance Agency Inc., has acquired Hall-Wright General Agency Inc. (Hall-Wright) and related affiliate companies. With origins dating back to 1971, Hall-Wright is a managing general agency with annual revenues of …

The article Brown & Brown Subsidiary Acquires Hall-Wright General Agency appeared first on Insurance Journal.

]]>
Hub International Acquires Iowa-Based Brokerage, Ruhl & Ruhl http://www.insurancejournal.com/news/midwest/2014/12/23/351027.htm Tue, 23 Dec 2014 17:34:41 +0000 http://www.insurancejournal.com/?p=351027 Global insurance broker, Hub International Limited (Hub), announced that its Chicago-area region Hub International Midwest (Hub Midwest) has acquired the assets of Ruhl & Ruhl Insurance, based in Davenport, Iowa. Terms of the acquisition were not disclosed. Founded in 1862, Ruhl …

The article Hub International Acquires Iowa-Based Brokerage, Ruhl & Ruhl appeared first on Insurance Journal.

]]>
Donald Gaddis Co. Acquires Chicago-Based Kelly and Elliott http://www.insurancejournal.com/news/midwest/2014/12/19/350718.htm Fri, 19 Dec 2014 17:51:29 +0000 http://www.insurancejournal.com/?p=350718 Wholesale insurance broker and general agency, Donald Gaddis Co. Inc., has purchased rights to all the renewals of Kelly and Elliott Ltd. Both companies are headquartered in Chicago. Gaddis also hired all of Kelly and Elliott’s employees. The transaction was effective …

The article Donald Gaddis Co. Acquires Chicago-Based Kelly and Elliott appeared first on Insurance Journal.

]]>
Iowa’s Farmers Mutual Hail Insurance to Acquire John Deere Crop Insurance http://www.insurancejournal.com/news/midwest/2014/12/18/350573.htm Thu, 18 Dec 2014 17:43:32 +0000 http://www.insurancejournal.com/?p=350573 Farmers Mutual Hail Insurance Co. of Iowa (FMH) announced it is acquiring Moline, Ill.-based John Deere Insurance Co. and John Deere Risk Protection Inc. The action is a result of Deere’s previously announced review of strategic options for the crop insurance business. …

The article Iowa’s Farmers Mutual Hail Insurance to Acquire John Deere Crop Insurance appeared first on Insurance Journal.

]]>
INSURICA Acquired Oklahoma, California Agencies in Q3 2014 http://www.insurancejournal.com/news/southcentral/2014/12/09/349355.htm Tue, 09 Dec 2014 17:27:19 +0000 http://www.insurancejournal.com/?p=349355 Oklahoma City-based INSURICA Insurance Management Network announced it acquired an agency in Oklahoma and one in California during the third quarter of 2014. In Oklahoma, INSURICA added James & Associates, located in Tulsa. James & Associates has been in business for …

The article INSURICA Acquired Oklahoma, California Agencies in Q3 2014 appeared first on Insurance Journal.

]]>
A.M. Best: Asia-Pacific M&As Driven by Top-Line Growth Prospects http://www.insurancejournal.com/news/international/2014/12/03/348759.htm Wed, 03 Dec 2014 08:18:19 +0000 http://www.insurancejournal.com/?p=348759 The Asia-Pacific region has been a popular destination for mergers and acquisitions, driven by top-line growth prospects for many still-developing markets with low insurance penetration, according to a Best’s Special Report titled, “Asia-Pacific Mergers and Acquisitions Seen as More Balanced, Driven by …

The article A.M. Best: Asia-Pacific M&As Driven by Top-Line Growth Prospects appeared first on Insurance Journal.

]]>
AmTrust Financial Services to Acquire CorePointe Insurance Co. http://www.insurancejournal.com/news/midwest/2014/11/24/347938.htm Mon, 24 Nov 2014 17:34:37 +0000 http://www.insurancejournal.com/?p=347938 AmTrust Financial Services Inc. announced it has entered into a definitive agreement to acquire Birmingham, Mich.-based CorePointe Insurance Co. (CorePointe), a wholly owned subsidiary of CorePointe Group LLC. The cash transaction is subject to regulatory approval. Established in 1964 CorePointe …

The article AmTrust Financial Services to Acquire CorePointe Insurance Co. appeared first on Insurance Journal.

]]>
Minnesota’s North Risk Partners Merges with Thune Insurance Network http://www.insurancejournal.com/news/midwest/2014/11/21/347768.htm Fri, 21 Nov 2014 17:38:12 +0000 http://www.insurancejournal.com/?p=347768 St. Paul, Minn.-based independent insurance brokerage, North Risk Partners, announced it has merged with Thune Insurance Network, located in Northwest Minnesota with offices in Thief River Falls, Roseau and Baudette. The merger resulted in North Risk Partners’ growth to more than …

The article Minnesota’s North Risk Partners Merges with Thune Insurance Network appeared first on Insurance Journal.

]]>
Arthur J. Gallagher Acquires Iowa-Based Miller-Harrison Insurance Services http://www.insurancejournal.com/news/midwest/2014/11/20/347664.htm Thu, 20 Nov 2014 17:35:58 +0000 http://www.insurancejournal.com/?p=347664 Arthur J. Gallagher & Co. announced it has acquired Miller-Harrison Insurance Services in Muscatine, Iowa. Terms of the transaction were not disclosed. Founded in 1919, Miller-Harrison is a retail insurance broker providing commercial property/casualty, risk management consulting and personal lines insurance …

The article Arthur J. Gallagher Acquires Iowa-Based Miller-Harrison Insurance Services appeared first on Insurance Journal.

]]>
Texas Agent Group Acquires LevelFirst, Forms IIAT Services MGA http://www.insurancejournal.com/news/southcentral/2014/11/13/346979.htm Thu, 13 Nov 2014 17:03:11 +0000 http://www.insurancejournal.com/?p=346979 The Independent Insurance Agents of Texas (IIAT) announced it is continuing its tradition of providing insurance markets for small independent agencies with the acquisition of Dallas-based managing general agency LevelFirst LLC. Operating as IIAT Services MGA, the new company will expand …

The article Texas Agent Group Acquires LevelFirst, Forms IIAT Services MGA appeared first on Insurance Journal.

]]>
Arthur J. Gallagher Acquires Illinois’ The Forker Co. http://www.insurancejournal.com/news/midwest/2014/11/12/346804.htm Wed, 12 Nov 2014 17:31:09 +0000 http://www.insurancejournal.com/?p=346804 Arthur J. Gallagher & Co. has acquired The Forker Company in Arlington Heights, Ill. Terms of the transaction were not disclosed. Established in 2000, The Forker Company (Forker) is a retail insurance agency that offers contract surety solutions to clients throughout the …

The article Arthur J. Gallagher Acquires Illinois’ The Forker Co. appeared first on Insurance Journal.

]]>
EXL Acquires Underwriting Support Services Firm, Overland Solutions http://www.insurancejournal.com/news/midwest/2014/11/04/345878.htm Tue, 04 Nov 2014 17:15:05 +0000 http://www.insurancejournal.com/?p=345878 Business process solutions company EXL has acquired Overland Solutions Inc., an Overland Park, Kan.-based provider of underwriting support services including premium audit, commercial and residential underwriting surveys and outsourced loss control services for the insurance industry. Overland’s audit segment provides …

The article EXL Acquires Underwriting Support Services Firm, Overland Solutions appeared first on Insurance Journal.

]]>
Aon Benfield Buys Safe Brokers to Enhance Presence in Greece, Cyprus http://www.insurancejournal.com/news/international/2014/11/04/345832.htm Tue, 04 Nov 2014 13:56:15 +0000 http://www.insurancejournal.com/?p=345832 Aon Benfield, the reinsurance intermediary and capital adviser of Aon plc, has acquired Safe Brokers to strengthen its investment in the Greek and Cypriot markets. Safe Brokers is an independent reinsurance broker with facultative and treaty premium of approximately EUR15 …

The article Aon Benfield Buys Safe Brokers to Enhance Presence in Greece, Cyprus appeared first on Insurance Journal.

]]>
Hub International to Acquire Chicago-Based Laurus Strategies http://www.insurancejournal.com/news/midwest/2014/10/29/345284.htm Wed, 29 Oct 2014 16:27:02 +0000 http://www.insurancejournal.com/?p=345284 Insurance brokerage Hub International Limited (Hub) announced its Chicago-area affiliate Hub International Midwest (Hub Midwest) plans to acquire Laurus Strategies (Laurus) from CSIG Holding Co. Laurus is an employee benefits, human resources, and human resource information system (HRIS) global benefits …

The article Hub International to Acquire Chicago-Based Laurus Strategies appeared first on Insurance Journal.

]]>
The Horton Group Acquires BF&S Insurance http://www.insurancejournal.com/news/midwest/2014/10/22/344441.htm Wed, 22 Oct 2014 16:07:39 +0000 http://www.insurancejournal.com/?p=344441 Orland Park, Ill.-based insurance brokerage, The Horton Group, announced the acquisition of certain assets of Boyle, Flagg and Seaman (BF&S) Insurance, located in Illinois and Michigan. BF&S’s Illinois retail operations will now operate under the Horton name and staff will …

The article The Horton Group Acquires BF&S Insurance appeared first on Insurance Journal.

]]>
Texas-Based Premium Finance Group to Be Sold to South Dakota’s MetaBank http://www.insurancejournal.com/news/southcentral/2014/10/15/343711.htm Wed, 15 Oct 2014 16:50:15 +0000 http://www.insurancejournal.com/?p=343711 Cecil Y. Ray Jr., chairman of AFS/IBEX and former chairman of The Rigg Group, has announced the sale of substantially all of the loan portfolio and related assets of Dallas-based AFS/IBEX Financial Services Inc. – including AFS/IBEX Financial Services Inc. of California and …

The article Texas-Based Premium Finance Group to Be Sold to South Dakota’s MetaBank appeared first on Insurance Journal.

]]>
Arthur J. Gallagher Acquires Illinois’ Bennett & Shade Co. http://www.insurancejournal.com/news/midwest/2014/10/14/343460.htm Tue, 14 Oct 2014 16:42:46 +0000 http://www.insurancejournal.com/?p=343460 Arthur J. Gallagher & Co. has acquired retail insurance broker Bennett & Shade Co. in Decatur, Ill. Terms of the transaction were not disclosed. Founded in 1906, Bennett & Shade provides commercial property/casualty, employee benefits, risk management consulting and personal lines …

The article Arthur J. Gallagher Acquires Illinois’ Bennett & Shade Co. appeared first on Insurance Journal.

]]>
Aquiline Capital Partners Investing in Louisiana’s Worley Claims Services http://www.insurancejournal.com/news/southcentral/2014/10/10/343269.htm Fri, 10 Oct 2014 16:37:18 +0000 http://www.insurancejournal.com/?p=343269 Aquiline Capital Partners LLC (Aquiline), a New York-based private equity firm, announced it is acquiring a majority stake in Worley Claims Services (Worley), headquartered in Hammond, La. Founded in 1976, Worley provides of claims adjustment and related services across the …

The article Aquiline Capital Partners Investing in Louisiana’s Worley Claims Services appeared first on Insurance Journal.

]]>
NSM Insurance Group Acquires Texas-Based Specialty Aviation Underwriters http://www.insurancejournal.com/news/southcentral/2014/10/02/342582.htm Thu, 02 Oct 2014 23:54:59 +0000 http://www.insurancejournal.com/?p=342582 NSM Insurance Group announced the acquisition of Specialty Aviation Underwriters (SAU), located in Addison, Texas. Founded over 20 years ago, SAU specializes in aviation products. NSM Insurance Group underwrites more than 20 admitted and non-admitted insurance programs nationally in very specific …

The article NSM Insurance Group Acquires Texas-Based Specialty Aviation Underwriters appeared first on Insurance Journal.

]]>
Wisconsin’s R&R Insurance Services, Snyder Insurance Agency Merge http://www.insurancejournal.com/news/midwest/2014/09/15/340467.htm Mon, 15 Sep 2014 15:34:14 +0000 http://www.insurancejournal.com/?p=340467 R&R Insurance Services Inc. announced it the merger of  Snyder Insurance Agency, an independent insurance agency based in Oconomowoc, Wis. Both are well-established agencies in Waukesha County. R&R Insurance will be celebrating 40 years of service in southeastern Wisconsin next year …

The article Wisconsin’s R&R Insurance Services, Snyder Insurance Agency Merge appeared first on Insurance Journal.

]]>
Arthur J. Gallagher Risk Management Acquires Dezelan Insurance Agency http://www.insurancejournal.com/news/midwest/2014/09/02/339202.htm Tue, 02 Sep 2014 16:17:55 +0000 http://www.insurancejournal.com/?p=339202 Arthur J. Gallagher Risk Management Services Inc. has acquired Dezelan Insurance Agency located in Indianapolis, Ind. Founded in 1927, Dezelan Insurance Agency (Dezelan) is a retail insurance broker providing property/casualty and risk management consulting services. The firm offers all lines …

The article Arthur J. Gallagher Risk Management Acquires Dezelan Insurance Agency appeared first on Insurance Journal.

]]>
NFP Acquires Cincinnati, Ohio-Based Benefit Resources http://www.insurancejournal.com/news/midwest/2014/08/22/338426.htm Fri, 22 Aug 2014 16:38:29 +0000 http://www.insurancejournal.com/?p=338426 National Financial Partners Corp. (NFP), a provider of benefits, property/casualty and life insurance, and wealth management services, announced it has acquired Benefit Resources Inc., a Cincinnati-based insurance consulting and brokerage firm that has been a member of NFP’s Benefits Partners …

The article NFP Acquires Cincinnati, Ohio-Based Benefit Resources appeared first on Insurance Journal.

]]>
Chicago-Based Linden Group Joins Digital Benefit Advisors http://www.insurancejournal.com/news/midwest/2014/08/12/337375.htm Tue, 12 Aug 2014 16:11:13 +0000 http://www.insurancejournal.com/?p=337375 Linden Group Health Services has joined Digital Benefit Advisors (DBA), a division of Digital Insurance. Digital acquired the Chicago firm, which specializes in group benefits solutions for small to mid-sized companies, and will open a second DBA office in Chicago, …

The article Chicago-Based Linden Group Joins Digital Benefit Advisors appeared first on Insurance Journal.

]]>
Arthur J. Gallagher Acquires Missouri-Based Travel Insurance Agency http://www.insurancejournal.com/news/midwest/2014/08/11/337267.htm Mon, 11 Aug 2014 16:23:36 +0000 http://www.insurancejournal.com/?p=337267 Arthur J. Gallagher & Co. has acquired Trip Mate Inc., based in Kansas City, Mo. Established in 1989, Trip Mate is a full service travel insurance agency that provides a wide variety of travel protection plans and services for their travel …

The article Arthur J. Gallagher Acquires Missouri-Based Travel Insurance Agency appeared first on Insurance Journal.

]]>