Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Correction: Catalina to Buy Hartford Financial Products International & Downlands Liability Management
Jul 27 2016 // (Editor’s Note: The original version of this article published yesterday, July 26, omitted “International” from the headline “Catalina to Buy Hartford Financial Products International &...
Obama Signs Bill to Curb Opioid Abuse But Decries Low Funding
Jul 26 2016 // President Barack Obama has signed into law a bill to curb abuse of heroin and opioid drugs, even while expressing disappointment with Republicans for not providing more money for addiction treatment. The Comprehensive...
World Insurance Associates Acquires New Jersey’s AIV Group
Jul 26 2016 // World Insurance Associates, an independent insurance agency headquartered in Tinton Falls, New Jersey, said it recently acquired AIV Group, an insurance agency serving the Asian community. AIV Group, in Avenel, New Jersey,...
Catalina to Buy Hartford Financial Products International & Downlands Liability Management
Jul 26 2016 // (Editor’s Note: The original version of this article published yesterday, July 26, omitted “International” from the headline “Catalina to Buy Hartford Financial Products International &...
Amazon and UK Government Form Partnership to Test Drone Deliveries
Jul 26 2016 // Amazon Inc. and the British government have announced a partnership to test the e-commerce giant’s aerial drone parcel delivery system after run-ins over the technology’s use. Supervised by the U.K.’s...
Great American Insurance to Acquire National Interstate Corporation
Jul 25 2016 // National Interstate Corp. (National Interstate), based in Richfield, Ohio, announced it has agreed to be acquired by Great American Insurance Co. (Great American), a wholly-owned subsidiary of American Financial Group Inc....
Lawyer Sentenced for Insider Trading on Nationwide-Harleysville Merger
Jul 25 2016 // A former partner at the law firm Fox Rothschild was sentenced on Friday to six months in prison for trading on inside information that a client at his law firm was about to announce a merger, prosecutors said. Herbert...
Health Insurers Could Go on Buying Spree If Big Mergers Blocked
Jul 25 2016 // The potential bust-up of two mega deals among America’s largest health insurance companies may have an unintended result – more mergers. The U.S. Department of Justice on Thursday sued to block Aetna...
Growth Partners: Equity Firm Kohlberg Invests in Wholesaler U.S. Risk
Jul 25 2016 // Dallas-based international specialty lines underwriting manager and wholesale broker U.S. Risk Insurance Group Inc. has agreed to partner with the private equity firm, Kohlberg & Co. With capital and two board members...
Munich Re Partners with Startup Slice to Offer On-Demand Insurance Products
Jul 25 2016 // Munich Re has partnered with New York City-based insurtech startup Slice Labs Inc. as Slice prepares to launch its first on-demand, per-use insurance product. Slice and Munich Re said they have agreed to an ongoing...
Court Battles Begin as U.S., States Sue to Halt Anthem, Aetna Mergers
Jul 21 2016 // U.S. antitrust enforcers roundly rejected a pair of proposed deals that would consolidate the nation’s five biggest health insurers into just three. The Justice Department filed an antitrust lawsuit to stop Anthem...
So. Africa’s Discovery Enters Japan Market with Sumitomo & SoftBank Partnership
Jul 21 2016 // Discovery Ltd., South Africa’s third-largest insurer by market value, said it has set up a partnership with Japan’s Sumitomo Life Insurance Co. and SoftBank Group Corp. to develop and introduce products for the...
Cross Insurance Acquires Maine’s Sargent, Tyler & West
Jul 20 2016 // Maine’s Cross Insurance reported it has acquired another leading Maine insurance agency, Sargent, Tyler & West in Bangor, and its Bucksport branch office, Roland Grindle Insurance Agency. Sargent, Tyler &...
Bassman Completes Acquisition of Ascend Insurance Brokerage
Jul 20 2016 // Dallas-based Ascend Insurance Brokerage President and CEO Paul Bassman has closed on the acquisition of the company, purchasing the business from James Chippendale, who founded Ascend in 2001. Ascend specializes in the...
Verisk Analytics Deepens Its Energy Industry Presence with Acquisition of Greentech Media
Jul 20 2016 // Data provider Verisk Analytics Inc. is continuing to grow beyond its insurance industry roots with the announcement it will acquire Greentech Media Inc., an information services provider for the solar electricity and clean...
The Hilb Group Acquires Carrier Insurance Agency in Florida
Jul 20 2016 // The Hilb Group, LLC (THG) has acquired Florida-based Carrier Insurance Agency, Inc., continuing its nationwide growth through acquisitions and expanding its regional presence in central Florida. The transaction became...
HGGC/Integrity Partnership to Acquire Nebraska Insurance Marketing Firm
Jul 19 2016 // Palo Alto, Calif.-based middle market private equity firm HGGC, has completed its equity investment in Integrity Marketing Group LLC (Integrity), an independent distributor of life/ health insurance products focused on...
Groups Press Dow-DuPont to Reveal Teflon Liabilities Before Merger Vote
Jul 19 2016 // DuPont Co. and Dow Chemical Co. must tell shareholders before next week’s merger vote that they may face exposure to costly potential damages from claims that a chemical used to make Teflon caused cancer and other...
Randall & Quilter Buys Bermuda-Based Segregated Accounts Captive Company
Jul 18 2016 // Randall & Quilter Investment Holdings Ltd. has acquired Agency Program Insurance Co. (SAC) Ltd., a Bermuda-based segregated accounts captive company with 28 cells. London-based Randall & Quilter (R&Q) is paying...
Allied World, Great Point Partner on Online Small Business Umbrella Program
Jul 15 2016 // Allied World North America has teamed with program administrator Great Point Insurance to offer umbrella coverage in the U.S. and Canada for small businesses through their online portal, UmbrellaPro. Designed for companies...
