Insurance Journal » Mergers and Acquisitions http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Fri, 18 Apr 2014 01:58:11 +0000 en-US hourly 1 http://wordpress.org/?v=3.8.2 BancorpSouth Insurance to Acquire Louisiana’s Knox Insurance Group http://www.insurancejournal.com/news/southcentral/2014/04/16/326519.htm Wed, 16 Apr 2014 16:51:21 +0000 http://www.insurancejournal.com/?p=326519 BancorpSouth Insurance Services Inc., a subsidiary of BancorpSouth Bank, headquartered in Tupelo, Miss., is acquiring Lafayette, La.-based Knox Insurance Group LLC (Knox) in a transaction that is expected to close immediately, BancorpSouth announced. Financial terms of the pending transaction were …

The article BancorpSouth Insurance to Acquire Louisiana’s Knox Insurance Group appeared first on Insurance Journal.

]]>
Confie Head Eyes Commercial Acquisitions for Rest of 2014 http://www.insurancejournal.com/news/west/2014/04/04/325581.htm Fri, 04 Apr 2014 22:27:20 +0000 http://www.insurancejournal.com/?p=325581 Confie Seguros’ president wants it known that the agency made good on its promise a year-and-a-half ago to up its buying spree and expand into standard personal and small commercial lines, all while broadening its demographic from being primarily a …

The article Confie Head Eyes Commercial Acquisitions for Rest of 2014 appeared first on Insurance Journal.

]]>
Hilltop Holdings Inc. to Acquire SWS Group http://www.insurancejournal.com/news/southcentral/2014/04/02/325337.htm Wed, 02 Apr 2014 23:50:31 +0000 http://www.insurancejournal.com/?p=325337 Hilltop Holdings Inc., a Dallas-based financial holding company with interests in financial services and insurance operations, announced an agreement to acquire SWS Group Inc., a holding company that provides investment and financial services through subsidiaries. SWS Group is also headquartered …

The article Hilltop Holdings Inc. to Acquire SWS Group appeared first on Insurance Journal.

]]>
Torus CEO Dermot O’Donohoe on the Insurer’s Future Prospects http://www.insurancejournal.com/news/international/2014/04/02/325090.htm Wed, 02 Apr 2014 11:03:04 +0000 http://www.insurancejournal.com/?p=325090 When Torus Insurance was founded by first Reserve, headed by Clive Tobin in 2008, the worst effects of the financial crisis were just beginning to bite, but they bit pretty hard. The company, although well run, and successful in some …

The article Torus CEO Dermot O’Donohoe on the Insurer’s Future Prospects appeared first on Insurance Journal.

]]>
Higginbotham and Odessa, Texas-Based Edgmon Insurance Agency Merge http://www.insurancejournal.com/news/southcentral/2014/03/14/323353.htm Fri, 14 Mar 2014 16:13:29 +0000 http://www.insurancejournal.com/?p=323353 Independent insurance brokers Higginbotham, based in Fort Worth, and Edgmon Insurance Agency, headquartered in Odessa, Texas, have merged their operations. Edgmon Insurance is a family-owned agency going on its third generation. Founded in 1986 by Pauline Appel, the agency was …

The article Higginbotham and Odessa, Texas-Based Edgmon Insurance Agency Merge appeared first on Insurance Journal.

]]>
ACE Expands M&A Practice, Appoints North America Practice Leader http://www.insurancejournal.com/news/national/2014/03/07/322714.htm Fri, 07 Mar 2014 17:39:28 +0000 http://www.insurancejournal.com/?p=322714 The ACE Group has expanded its Mergers and Acquisitions (M&A) Practice into a Private Equity Practice concentrating on insurance options for private equity firms, their portfolio companies as well as their M&A transactions. Seth Gillston, based in New York City, …

The article ACE Expands M&A Practice, Appoints North America Practice Leader appeared first on Insurance Journal.

]]>
Hub International Acquires Illinois-Based Corporate Benefit Consultants http://www.insurancejournal.com/news/midwest/2014/03/06/322448.htm Thu, 06 Mar 2014 18:34:16 +0000 http://www.insurancejournal.com/?p=322448 Global insurance brokerage, Hub International Limited (Hub), announced that its subsidiary Hub International Midwest (Hub Midwest) has acquired Corporate Benefit Consultants Inc. (CBC), a Des Plaines, Ill.-based employee benefits insurance brokerage firm. The CBC team will continue to operate from …

The article Hub International Acquires Illinois-Based Corporate Benefit Consultants appeared first on Insurance Journal.

]]>
AgentLink Acquires Indiana’s Consolidated Brokerage Services http://www.insurancejournal.com/news/southcentral/2014/03/06/322453.htm Thu, 06 Mar 2014 18:26:35 +0000 http://www.insurancejournal.com/?p=322453 Louisville, Ky.-based insurance broker AgentLink announced it has acquired 100 percent ownership of Consolidated Brokerage Services (CBS) in Indianapolis, Ind. Founded in August of 2005 and originally owned by John Carroll, CEO of Cornerstone Broker Insurance Services Agency Inc., and …

The article AgentLink Acquires Indiana’s Consolidated Brokerage Services appeared first on Insurance Journal.

]]>
Confie Seguros Acquires Ida Tunnell Insurance in Marble Falls, Texas http://www.insurancejournal.com/news/southcentral/2014/03/03/321996.htm Mon, 03 Mar 2014 16:39:35 +0000 http://www.insurancejournal.com/?p=321996 Confie Seguros, a national provider of personal lines insurance, announced it has acquired Ida Tunnell Insurance in Marble Falls, Texas, near Austin. Confie Seguros now has 120 total offices in the state. Founded in 1991, Ida Tunnell provides personal lines …

The article Confie Seguros Acquires Ida Tunnell Insurance in Marble Falls, Texas appeared first on Insurance Journal.

]]>
Arthur J. Gallagher Acquires Louisiana Insurance Agency Kent, Kent & Tingle http://www.insurancejournal.com/news/southcentral/2014/02/21/321253.htm Fri, 21 Feb 2014 17:39:03 +0000 http://www.insurancejournal.com/?p=321253 Arthur J. Gallagher & Co. has acquired Kent, Kent & Tingle, a retail insurance broker based in Shreveport, La. Terms of the transaction were not disclosed. Founded in 1989, Kent, Kent & Tingle (KK&T) provides employee benefits, property/casualty and risk …

The article Arthur J. Gallagher Acquires Louisiana Insurance Agency Kent, Kent & Tingle appeared first on Insurance Journal.

]]>
York Acquires Texas, Louisiana-Based American Claims Services http://www.insurancejournal.com/news/southcentral/2014/02/19/320924.htm Wed, 19 Feb 2014 17:20:38 +0000 http://www.insurancejournal.com/?p=320924 York Risk Services Group, a provider of claims administration and risk management services, has acquired American Claims Services Inc. (ACSI) based in Houston, Texas, and Destrehan, La. John Bannon and Bill Johnson of ACSI will continue to lead the acquired …

The article York Acquires Texas, Louisiana-Based American Claims Services appeared first on Insurance Journal.

]]>
R-T Specialty Acquires Blais Excess & Surplus Agency of Texas http://www.insurancejournal.com/news/southcentral/2014/02/13/320448.htm Thu, 13 Feb 2014 16:43:54 +0000 http://www.insurancejournal.com/?p=320448 Ryan Specialty Group’s wholesale brokerage R-T Specialty LLC (RT) has acquired Blais Excess & Surplus Agency of Texas Ltd. (Blais), an independent, specialty wholesale broker with offices in Dallas and Houston. Blais President Philip L. Blais acquired the agency, which …

The article R-T Specialty Acquires Blais Excess & Surplus Agency of Texas appeared first on Insurance Journal.

]]>
Marsh & McLennan Expands in Michigan with Employee Benefits Firm http://www.insurancejournal.com/news/midwest/2014/02/05/319609.htm Wed, 05 Feb 2014 17:14:45 +0000 http://www.insurancejournal.com/?p=319609 Marsh & McLennan Agency LLC (MMA), a subsidiary of Marsh LLC, has acquired Great Lakes Employee Benefit Services, an employee group benefits consulting and brokerage firm based in Troy, Mich. Terms of the transaction were not disclosed. Founded in 1997 …

The article Marsh & McLennan Expands in Michigan with Employee Benefits Firm appeared first on Insurance Journal.

]]>
NSM Insurance Group Acquires Professional Underwriters Agency http://www.insurancejournal.com/news/midwest/2014/02/03/319277.htm Tue, 04 Feb 2014 03:33:42 +0000 http://www.insurancejournal.com/?p=319277 NSM Insurance Group announced it has acquired Professional Underwriters Agency Inc. (PUA), a managing general agent specializing in professional liability and located in Oak Brook, Ill. PUA was founded more than 30 years ago as a professional liability market for …

The article NSM Insurance Group Acquires Professional Underwriters Agency appeared first on Insurance Journal.

]]>
Confie Seguros Expands in Texas with 1 Stop Financial Service Centers http://www.insurancejournal.com/news/southcentral/2014/02/03/319264.htm Tue, 04 Feb 2014 03:21:45 +0000 http://www.insurancejournal.com/?p=319264 Confie Seguros, a rapidly growing national provider of personal lines insurance, has acquired 1 Stop Financial Service Centers of America, which provides a variety of insurance needs, short term financial assistance and professional tax preparation services. 1 Stop has 16 …

The article Confie Seguros Expands in Texas with 1 Stop Financial Service Centers appeared first on Insurance Journal.

]]>
Oklahoma-Based INSURICA Acquires Joe West Co., Related Agencies http://www.insurancejournal.com/news/southcentral/2014/01/30/318919.htm Thu, 30 Jan 2014 15:55:04 +0000 http://www.insurancejournal.com/?p=318919 INSURICA Insurance Management Network, based in Oklahoma City, has acquired Tulsa-area agency, Joe West Company, and related agencies, Lon T. Jackson Agency and McMasters Insurance Counselors/Keystone Insurance Agency, located in Sapulpa and Sand Springs, Okla., respectively. The agencies will now …

The article Oklahoma-Based INSURICA Acquires Joe West Co., Related Agencies appeared first on Insurance Journal.

]]>
Texas-Based Talon Insurance Agency Merges with Higginbotham http://www.insurancejournal.com/news/southcentral/2014/01/17/317581.htm Fri, 17 Jan 2014 17:33:59 +0000 http://www.insurancejournal.com/?p=317581 Higginbotham, headquartered in Fort Worth, Texas, and Talon Insurance Agency announced the merger of their operations. Both are independent insurance firms based in Texas providing commercial and personal insurance, risk management and employee benefit services. Talon Insurance Agency has a …

The article Texas-Based Talon Insurance Agency Merges with Higginbotham appeared first on Insurance Journal.

]]>
A.M. Best Reviewing Wright National Flood Insurance Co. http://www.insurancejournal.com/news/southcentral/2014/01/16/317441.htm Thu, 16 Jan 2014 17:29:53 +0000 http://www.insurancejournal.com/?p=317441 Ratings agency, A.M. Best, has placed under review with developing implications the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of Wright National Flood Insurance Co. (WNFIC) of San Antonio, Texas. These rating actions follow the …

The article A.M. Best Reviewing Wright National Flood Insurance Co. appeared first on Insurance Journal.

]]>
USI Insurance Services Acquires Ohio’s Quintessential Advisors http://www.insurancejournal.com/news/midwest/2014/01/14/317098.htm Tue, 14 Jan 2014 17:40:58 +0000 http://www.insurancejournal.com/?p=317098 Insurance broker, USI Insurance Services (USI), has acquired Quintessential Advisors Ltd. (Quintessential) headquartered in Dayton, Ohio. Terms of the transaction were not disclosed. Quintessential Advisors was founded in 1995 as an independent firm with experienced financial professionals specializing in insurance, …

The article USI Insurance Services Acquires Ohio’s Quintessential Advisors appeared first on Insurance Journal.

]]>
Coverys Acquires OHA Holdings, Ohio Insurance Solutions http://www.insurancejournal.com/news/midwest/2014/01/13/316919.htm Mon, 13 Jan 2014 17:26:25 +0000 http://www.insurancejournal.com/?p=316919 OHA Holdings Inc. and its wholly owned subsidiary OHA Insurance Solutions (OHAIS), located in Columbus, Ohio, have been acquired by medical professional liability insurance provider, Coverys. OHAIS was created by the Ohio Hospital Association (OHA) and has provided strength and …

The article Coverys Acquires OHA Holdings, Ohio Insurance Solutions appeared first on Insurance Journal.

]]>
AssuredPartners Acquires Leonard Insurance Services in Ohio http://www.insurancejournal.com/news/midwest/2014/01/10/316788.htm Fri, 10 Jan 2014 17:13:38 +0000 http://www.insurancejournal.com/?p=316788 AssuredPartners Inc., through its Dawson Companies platform, has acquired Leonard Insurance Services, an Ohio-based agency that specializes in commercial, personal, life and health insurance, employee benefits, financial planning and surety programs for contractors. Since its founding in 1904, Leonard Insurance …

The article AssuredPartners Acquires Leonard Insurance Services in Ohio appeared first on Insurance Journal.

]]>
Segal Group Acquires Employee Benefits Firm Moroni Fantin in Michigan http://www.insurancejournal.com/news/midwest/2014/01/07/316266.htm Tue, 07 Jan 2014 17:33:58 +0000 http://www.insurancejournal.com/?p=316266 The Segal Group announced it has acquired a portion of the business of Moroni Fantin, an employee benefits consulting firm located in the Detroit, Mich.-area. Moroni Fantin specializes in working with Michigan and national, mid-market, self-insured health plans. Robert D. …

The article Segal Group Acquires Employee Benefits Firm Moroni Fantin in Michigan appeared first on Insurance Journal.

]]>
Lucien Wright Insurance Agency Acquires Paul Lowe Agency http://www.insurancejournal.com/news/southcentral/2014/01/07/316254.htm Tue, 07 Jan 2014 16:52:10 +0000 http://www.insurancejournal.com/?p=316254 The Lucien Wright Insurance Agency announced it has purchased the Paul Lowe Agency in Arlington, Texas, effective Dec. 17, 2013. The Paul Lowe Agency represents several national carriers and specializes in personal insurance. Lucien Wright Insurance Agency, headquartered in Fort …

The article Lucien Wright Insurance Agency Acquires Paul Lowe Agency appeared first on Insurance Journal.

]]>
Wisconsin Agencies, AVID Risk Solutions and Kellenberger-Landsee, Merge http://www.insurancejournal.com/news/midwest/2014/01/05/316109.htm Mon, 06 Jan 2014 01:59:00 +0000 http://www.insurancejournal.com/?p=316109 Independent insurance agencies AVID Risk Solutions of Madison, Wis., and Kellenberger-Landsee & Associates LLC of Brookfield, Wis., have merged effective Jan. 1, 2014. The two property/casualty agencies will remain in their existing locations and will maintain their current client relationships. …

The article Wisconsin Agencies, AVID Risk Solutions and Kellenberger-Landsee, Merge appeared first on Insurance Journal.

]]>
Hub International Acquires Agency Business of Michigan’s Pinnacle Insurance Partners http://www.insurancejournal.com/news/midwest/2014/01/03/316053.htm Fri, 03 Jan 2014 17:38:57 +0000 http://www.insurancejournal.com/?p=316053 Global insurance brokerage Hub International Limited (Hub) has acquired the insurance agency business of certain member firms operating as Pinnacle Insurance Partners (Pinnacle), a Grand Rapids, Mich.-based full-service insurance brokerage firm. The acquisition was made through the East Division of …

The article Hub International Acquires Agency Business of Michigan’s Pinnacle Insurance Partners appeared first on Insurance Journal.

]]>
All Risks Ltd. Acquires Minnesota-Based Stonebridge Underwriters http://www.insurancejournal.com/news/midwest/2014/01/03/315959.htm Fri, 03 Jan 2014 06:56:43 +0000 http://www.insurancejournal.com/?p=315959 Independent insurance wholesaler, All Risks Ltd. announced it has acquired Stonebridge Underwriters, a national general agency and program administrator, based in St. Paul, Minn. Stonebridge Underwriters offers a variety of competitively priced, multi-line programs that were developed to support underserved …

The article All Risks Ltd. Acquires Minnesota-Based Stonebridge Underwriters appeared first on Insurance Journal.

]]>
Arthur J. Gallagher Acquires Houston’s Barmore Insurance Agency http://www.insurancejournal.com/news/southcentral/2013/12/20/315140.htm Fri, 20 Dec 2013 17:30:04 +0000 http://www.insurancejournal.com/?p=315140 Arthur J. Gallagher & Co. has acquired Barmore Insurance Agency Inc. located in Houston, Texas. Terms of the transaction were not disclosed. Founded in 1952, Barmore Insurance Agency (Barmore) is an insurance broker providing retail and wholesale commercial property/casualty, employee …

The article Arthur J. Gallagher Acquires Houston’s Barmore Insurance Agency appeared first on Insurance Journal.

]]>
Imperial Management Corp. Completes National Automotive Insurance Co. Acquisition http://www.insurancejournal.com/news/southcentral/2013/12/04/312998.htm Wed, 04 Dec 2013 17:20:45 +0000 http://www.insurancejournal.com/?p=312998 Louisiana-based, Imperial Management Corp. (IMC), and Southport Lane LP announced that IMC has obtained all required regulatory approvals and closed its previously announced acquisition of National Automotive Insurance Co. (NAIC), an insurance company headquartered in Metairie, La. NAIC specializes in …

The article Imperial Management Corp. Completes National Automotive Insurance Co. Acquisition appeared first on Insurance Journal.

]]>
TWFG Acquires Ward Business Insurance http://www.insurancejournal.com/news/southcentral/2013/12/03/312833.htm Tue, 03 Dec 2013 17:22:43 +0000 http://www.insurancejournal.com/?p=312833 The Woodlands, Texas-based TWFG has acquired Ward Business Insurance, located in the Kingwood/Humble, Texas area. TWFG’s proprietary agency systems will be installed into Ward Business and the company will merge into The Woodlands Financial Group. Ward’s owner, Bob Garlington, and …

The article TWFG Acquires Ward Business Insurance appeared first on Insurance Journal.

]]>
IBTX Risk Services, Insphere Global Partners and HR Benefits to Merge http://www.insurancejournal.com/news/southcentral/2013/12/03/312826.htm Tue, 03 Dec 2013 17:20:51 +0000 http://www.insurancejournal.com/?p=312826 IBTX Risk Services, Insphere Global Partners and HR Benefits (formerly member companies of Independent Insurance Group), all based in Texas, have agreed to merge. The merger will create a combined organization poised to deliver risk management services including commercial and …

The article IBTX Risk Services, Insphere Global Partners and HR Benefits to Merge appeared first on Insurance Journal.

]]>