Business Moves & Mergers News

Arthur J. Gallagher Acquires The Titan Group in Virginia

Arthur J. Gallagher & Co. announced the acquisition of The Titan Group, LLC located in Richmond, Virginia. Terms of the transaction were not disclosed. Founded in 2001, Titan provides human resource consulting services for private, public, nonprofit, education and state …

Texas Legal Protection Plan Now Known as Texas Legal

A Texas company that provides legal insurance for routine needs to unexpected events has changed its name. The company formerly known as Texas Legal Protection Plan has changed its name to Texas Legal. It was founded by the State Bar …

Texas Agent Group Acquires LevelFirst, Forms IIAT Services MGA

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 …

Hudson Insurance Acquires Surety Partners’ Northeast Operation

Hudson Insurance Group has acquired the underwriting operations of Surety Partners of America, Northeast, which is based in Chester, New Jersey. Surety Partners of America, which was formed in 2009, is licensed and operates in 50 states through regional offices …

C&R Insurance Services in Pennsylvania Announces 2 Acquisitions

C&R Insurance Services Inc. in Wayne, Pennsylvania, has acquired Garden State Professional Insurance Agency, a professional liability agency based in Freehold, New Jersey, and its affiliate FLAG Insurance Services. Terms of the transaction were not disclosed. Founded in 1999, Garden …

Arthur J. Gallagher Acquires Illinois’ The Forker Co.

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 …

TWFG Insurance Services Expands in Texas, California, and Washington

The Woodlands, Texas-based TWFG Insurance Services is expanding with 15 more branch locations in Texas, two additional in California, and another in Washington, the company announced. TWFG Insurance specializes in products and services for homeowners, auto and small business insurance …

Global Insurers to Bid for Insurance, Pension Units of Halkbank in Turkey

Insurers from Europe, Asia and the United States are among some 20 potential bidders in the sale by Turkey’s state-run Halkbank of its pension and insurance arms, three sources close to the process said on Wednesday. Halkbank said in July …

Taiwan’s Cathay Life Acquires Asset Manager, Research Firm Conning

Cathay Life Insurance Co. of Taiwan has acquired insurance industry investment and asset manager and research firm Conning Holdings Corp. of Hartford, Conn. and all of its subsidiaries. Under the terms of the agreement, Cathay Life will purchase Conning for …

Arthur J. Gallagher Acquires SGB-NIA Insurance Brokers in California

Arthur J. Gallagher & Co. has acquired SGB-NIA Insurance Brokers headquartered in Woodland Hills, Calif. Terms of the deal were not disclosed. SGB-NIA provides retail property/casualty, risk management and employee benefits insurance products and consulting services to commercial and individual …