Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Chris Black Insurance Partners with Florida-Based Insurance Seguros of America
Dec 7 2018 // Chris Black Insurance, a Lutz, Fla.-based independent insurance firm, has partnered with Insurance Seguros of America Ricketts, located in Wesley Chapel, Fla. The transaction was finalized on October 10, 2018. Founded in...
Congress to Extend Government Funding, Including Flood Program, Until Dec. 21
Dec 6 2018 // The House of Representatives today approved a two-week government spending bill and sent it to the Senate, which is expected to go along. The measure would prevent a partial government shutdown by authorizing funding until...
AssuredPartners Acquires Ohio’s Carriage Insurance Agency
Dec 6 2018 // AssuredPartners Inc. has acquired Carriage Insurance Agency Inc. located in Hudson, Ohio. Carriage Insurance is a general insurance agency who will continue to operate under the leadership of Bill Landess. In operation in...
Program Offering to Buy Out Louisiana Homeowners in Floodways
Dec 5 2018 // Louisiana program helping people affected by the 2016 floods is offering buyouts to those living in especially hazardous areas, state officials said. Restore Louisiana officials said that homeowners in floodways can...
JenCap Holdings to Acquire Risk Innovations of Atlanta
Dec 5 2018 // JenCap Holdings LLC (JCH), a specialty insurance business, will acquire privately-held Risk Innovations LLC, a specialty wholesale insurance broker based in Atlanta, Georgia. Financial terms were not disclosed. Risk...
Dean & Draper Insurance Acquires Houston’s Painter Reichman & Co.
Dec 5 2018 // Dean & Draper Insurance Agency LP has acquired Painter Reichman & Co., a Houston-based agency specializing in personal and commercial insurance. Painter Reichman & Co was founded in 1906 and was purchased by...
Generali Acquires Alternative Asset Management Firm CM Investment Solutions
Dec 5 2018 // Italian insurer Generali Group has acquired CM Investment Solutions Limited (CMISL), an alternative asset manager in London, from Bank of America Merrill Lynch. Details of the transaction were not disclosed. CMISL, which...
Judge Questions Government’s Approval of CVS Acquisition of Aetna
Dec 5 2018 // QQA federal judge who has been asked to sign off on the U.S. government’s decision to approve CVS Health Corp.’s acquisition of insurer Aetna Inc. said Tuesday he was “less convinced” than the...
Verisk to Acquire London Market Pricing Software Firm Rulebook
Dec 3 2018 // U.S.-based data analytics firm Verisk has agreed to acquire Rulebook, a provider of business intelligence and software for the London Insurance Market. The purchase price is $87 million in cash, which Verisk said will be...
NSM Acquires Louisiana’s KBK Insurance Group
Dec 3 2018 // NSM Insurance Group has acquired the assets of Harahan, Louisiana-based program manager, KBK Insurance Group. With over 25 years of experience, KBK specializes in the towing and transportation industries. NSM Insurance...
The Hartford Acquires Sharing Economy Insurance Specialist Y-Risk
Dec 3 2018 // The Hartford has purchased Y-Risk, a managing general underwriter that specializes in serving sharing and on-demand economy risks, from Allstar Financial Group, an Atlanta-based holding company with multiple specialty...
Marriott Starwood Data Breach Highlights Silent Cyber Risk in Acquisitions
Dec 3 2018 // Marriott International’s $13.6 billion purchase of Starwood Hotel & Resorts was a bet that its popular loyalty program would bring more travelers to its Courtyards and Residence Inns. It turns out Marriott was...
Macquarie Pursues 3-Way Joint Venture in China Under New Rule
Dec 3 2018 // Macquarie Group Ltd. is in advanced talks to create a majority-owned securities joint-venture firm in China, according to people familiar with the matter, the latest international bank seeking to establish itself in one of...
CVS Says It Closed on Deal to Buy Aetna But Judge Balks
Nov 30 2018 // In an unusual move on Thursday, a federal judge raised the prospect of not approving CVS Health Corp.’s deal to buy insurer Aetna Inc., which closed earlier this week, during a routine portion of the legal...
What Insurers Want and Get from Insurtech Partnerships
Nov 29 2018 // Remember the scene in the 1989 movie When Harry Met Sally? During lunch with Harry at a deli, Sally very publicly fakes a wild orgasm. A nearby patron, when asked what she’d like to order, signals in Sally’s...
Markel International to Partner with Yacht Insurer Pantaenius
Nov 28 2018 // Markel International, the specialist insurer, will partner with Pantaenius GmbH, the European yacht insurance provider, to strengthen and broaden the capabilities and services that together they provide their clients...
AXA to Buy Remaining 50% Stake in AXA Tianping for China Growth
Nov 28 2018 // AXA announced it has entered into an agreement with the current domestic shareholders of AXA Tianping Property & Casualty Insurance Co. Ltd. to acquire the remaining 50 percent stake of the company. Total consideration...
Hong Kong M&As Slump in 2018 with Insurance Sector Deals Hardest Hit
Nov 28 2018 // Mergers and acquisitions targeting Hong Kong financial firms have slumped this year, with insurance sector deals particularly hard hit, as China’s moves to tighten capital controls and crack down on corporate debt...
Alera Group Acquires New Jersey’s CRISP Insurance Advisors, Two Additional Firms
Nov 27 2018 // Alera Group, a Deerfield, Ill.-based, national employee benefits, property and casualty, risk management and wealth management firm, has acquired three new firms: CRISP Insurance Advisors, Lively Insurance and Loretz...
Arthur J. Gallagher Acquires Buckman-Mitchell in California
Nov 26 2018 // Arthur J. Gallagher & Co. has acquired Buckman-Mitchell Inc., with offices in Visalia and Fresno, Calif. Terms of the deal were not disclosed. Clifford Dunbar, Judy Fussel, Brent Swanson, Todd Williams, Stephan...
