Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Seeman Holtz Acquires Wisconsin’s Vincent, Urban, Walker & Assoc.
Jun 13 2017 // Seeman Holtz Property and Casualty Inc. has acquired Vincent, Urban, Walker & Associates, an independent insurance agency headquartered in Green Bay, Wis. Doug Walker and his partners at Vincent, Urban, Walker &...
Private Brokers More Active But Private Equity Still Leads in Agency Acquisitions
Jun 13 2017 // Well-capitalized private equity investors still have an advantage among buyers of insurance agencies, but privately-held brokers continue to be among the most active players in agency mergers and acquisitions, according to...
J.M. Wilson Acquires Assets from Klinger Associates in Indianapolis
Jun 12 2017 // J.M. Wilson has acquired assets from Klinger Associates Inc., an Indianapolis-based wholesale insurance broker. The acquisition will allow J.M. Wilson to increase its brokerage business. The J.M. Wilson brokerage...
Compre Acquires Ireland-Based Captive Equinox CA Europe
Jun 12 2017 // Specialist insurer Compre has agreed to acquire Equinox CA Europe, a captive insurer of global engineering and construction conglomerate SNC-Lavalin, in a legacy transaction. The Ireland-based captive insured the...
AmTrust Sells Shares in National General Holdings for $212 Million
Jun 9 2017 // AmTrust Financial Services Inc. said it has agreed to sell shares it owns in National General Holdings Corp. for approximately $211.7 million. AmTrust has agreed to sell 10,586,000 common shares of NGHC at a price of...
Worley Acquires Massachusetts’ Apex Claims Service
Jun 9 2017 // Worley Claims Services LLC (Worley), a provider of insurance claims services in the U.S., has acquired Apex Claims Service of New England LLC (Apex), a provider of daily and catastrophe commercial and residential property...
QBE, Arrowhead Partner on Small Commercial Insurance Program
Jun 8 2017 // Arrowhead General Insurance Agency has been selected as the program administrator for QBE North America’s small commercial insurance portfolio, consisting of property and casualty business accounts under $100,000 in...
Hub International Limited Acquires New York’s Brady Insurance Planning
Jun 8 2017 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Brady Insurance Planning (Brady). Terms of the acquisition were not disclosed. Based in East Norwich, N.Y., Brady is an employee...
Arthur J. Gallagher & Co. Acquires 2 Michigan Insurance Agencies
Jun 8 2017 // Rolling Meadows, Illinois-based Arthur J. Gallagher & Co. has acquired Ann Arbor, Michigan-based insurance brokerages Armstrong/Robitaille/Riegle Inc. and Ann Arbor Business Advisors LLC. Terms of the transaction were...
Hub Acquires Assets of California-Based The Ponce De Leon Insurance Group
Jun 7 2017 // Hub International Ltd. has acquired the assets of Elk Grove, Calif. The Ponce de Leon Insurance Group Inc., dba Colton Insurance Associates. Terms of the deal were not disclosed. The Colton team will join Hub’s...
MarketScout Sells Workers’ Compensation Business to Specialty Program Group
Jun 7 2017 // Dallas-based insurance exchange MarketScout, which provides agents with access to specialty markets, has sold its workers’ compensation managing general agency business to Specialty Program Group. MarketScout said it...
Arthur J. Gallagher & Co. Buys UK-Based Total Reward Group
Jun 7 2017 // Arthur J. Gallagher & Co., the insurance broker and risk management service firm, has announced the acquisition of Total Reward Group in Sevenoaks, England. Terms of the transaction were not disclosed. Founded in 2005,...
New Jersey’s World Insurance Associates Acquires Wm. G. Palermo Inc.
Jun 7 2017 // World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., acquired Wm. G. Palermo Inc. of Linden, N.J., on April 1, 2017. Wm. G. Palermo Inc. is a third-generation, family-owned...
H.W. Kaufman Financial Group Acquires Michigan’s Chlystek & White Services
Jun 6 2017 // H.W. Kaufman Financial Group has acquired Grand Rapids, Mich.-based Chlystek & White Services (CWS) Inc. – a regional insurance premium audit services company. CWS will become part of Afirm, Kaufman’s...
Missouri Lawmakers Eliminate Funding for Sobriety Checkpoints
Jun 6 2017 // Missouri lawmakers effectively eliminated funding for sobriety checkpoints for the fiscal year that begins in July, a move by a core group of critical conservative Republicans that officials say could hinder or end the...
CDI’s Finston Becomes Partner at Drinker Biddle & Reath in California
Jun 6 2017 // John Finston, most recently deputy commissioner and general counsel for the California Department of Insurance, has joined Drinker Biddle & Reath LLP as a partner. Finston will work from the firm’s San Francisco...
Co-operators General Expands Quebec Agency Force by Acquiring Assurance Auclair
Jun 6 2017 // The Co-operators General Insurance Co. in Montreal has purchased Assurance Auclair located in Quebec City. The brokerage’s portfolio includes personal and commercial insurance policies. “We have seen steady...
Maine’s Cross Insurance Acquires Appleby & Wyman Insurance Agency
Jun 6 2017 // Cross Insurance, a Bangor, Maine-based subsidiary of Cross Financial Corp., has acquired Appleby & Wyman Insurance Agency, making it the 16th Massachusetts insurance agency to be purchased by Cross. Founded in 1903,...
The Andrew Agency Acquires Wood Insurance in Virginia
Jun 5 2017 // The Andrew Agency, a Richmond, Va.-headquartered insurance broker, has acquired Wood Insurance, effective June 1, 2017. Terms of the transaction were not disclosed. Also based in Richmond, Va., Wood Insurance specializes...
Specialty Program Group Acquires Paul Hanson Partners in California
Jun 2 2017 // Specialty Program Group, a holding company for specialty insurance underwriting facilities, has acquired the assets of Paul Hanson Partners and its affiliate, PHP International. Terms of the deal were not disclosed. Napa,...
