Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Blackstone Acquires Major Interest in Mortgage Insurer PMI
Sep 3 2015 // Blackstone Group LP acquired a “significant equity stake” in mortgage insurer PMI Group Inc. Blackstone, the New York-based private-equity firm, will provide a loan to PMI for working capital and gains the...
A.J. Renner & Associates Acquired by RT Specialty
Sep 2 2015 // R-T Specialty LLC (RT Specialty), the wholesale brokerage unit of Ryan Specialty Group LLC, has acquired A.J. Renner & Associates, an Illinois-based wholesale insurance broker specializing in the life science...
NFP Acquires Insurance Management Associates in New Jersey
Sep 1 2015 // NFP, a New York City-based provider of employee benefits, property/casualty insurance, retirement and wealth management services, announced today that it has acquired Insurance Management Associates (IMA) in Voorhees, New...
Arthur J. Gallagher Acquires Missouri Program Administrator
Sep 1 2015 // International insurance brokerage and risk management services firm, Arthur J. Gallagher & Co., has acquired program administrator, National Administration Co., based in Chesterfield, Mo. Terms of the transaction were...
U.S. Risk to Acquire Florida-Based Strategic Program Managers
Aug 31 2015 // U.S. Risk Insurance Group, Inc. has entered into an agreement involving the acquisition by U.S. Risk of an undisclosed ownership interest in Florida-based Strategic Program Managers, a specialist trucking MGA and broker....
The Andrew Agency Acquires Crowder & Holloway in Virginia
Aug 28 2015 // The Andrew Agency, an independent insurance agency based in Richmond, Virginia, announced that it has acquired Crowder & Holloway in South Hill, Virginia. Terms of the transaction were not disclosed. Founded in 1936,...
S&P: Reinsurance M&A Will Be Driven by Berkshire Hathaway Model
Aug 28 2015 // Reinsurance M&A activity should continue well into 2016 as competitive pressures continue unabated, Standard & Poor’s said in a new report. The ratings firm said that the Berkshire Hathaways of the world –...
AssuredPartners Acquires Insurance & Benefits Group in Missouri
Aug 27 2015 // AssuredPartners Inc. has acquired Insurance & Benefits Group LLC (IBG), headquartered in Sedalia, Mo. IBG’s 31 employees will continue to operate from its three Missouri locations — Sedalia, Lee’s Summit...
Integro Acquires HealthCare Risk Specialists in Connecticut
Aug 27 2015 // Insurance brokerage and risk management firm Integro announced today that it acquired HealthCare Risk Specialists in West Hartford, Connecticut. Financial details of the transaction have not been disclosed. HealthCare Risk...
Business Lobbies Seek Probe of Medical Funding Industry
Aug 27 2015 // Two business lobbying groups this week called on the Consumer Financial Protection Board to investigate the medical funding industry after a Reuters investigation revealed that private investors are funding operations for...
Integro Acquires Entertainment Risk Management, London-Based MGA
Aug 26 2015 // The insurance brokerage and risk management firm Integro Ltd. has acquired Entertainment Risk Management Ltd. (ERM), a London-based managing general agent (MGA), to augment its international entertainment practice....
Auto-Owners Insurance Acquires North-Carolina Based Atlantic Casualty
Aug 26 2015 // Strickland Insurance Group, Inc. has reached a definitive agreement for Atlantic Casualty Insurance Co., based in Goldsboro, N.C., to be acquired by Auto-Owners Insurance Group of Lansing, Mich. According to Bobby...
JLT Risk Solutions Hires 2 Execs for Credit, Political & Security Risks, M&A Division
Aug 25 2015 // JLT Risk Solutions AB, a member of the Jardine Lloyd Thompson Group plc, has appointed Magnus Toftgård and Magnus Lindgren to strengthen the Credit, Political and Security Risks (CPS) and M&A Insurance (M&A)...
Zurich Insurance Offers $8.8 Billion to Acquire UK’s RSA
Aug 25 2015 // Zurich Insurance Group AG, Switzerland’s largest insurer, proposed to buy the UK’s RSA Insurance Group plc for about 5.6 billion pounds ($8.8 billion). RSA is willing to recommend the possible offer of 550...
Distinguished to Acquire Fulcrum Insurance Programs in Washington
Aug 24 2015 // Distinguished Programs Holdings LLC announced the pending acquisition of Bellevue, Wash.-based Fulcrum Insurance Programs. The businesses will be combined and rebranded as Distinguished Specialty. Fulcrum principals Dusty...
New Jersey Transit Receives $71M Federal Sandy Relief Funding
Aug 24 2015 // New Jersey Transit is getting $71 million from the federal government to pay for rebuilding and replacing equipment damaged by Superstorm Sandy. The agency and New Jersey’s Congressional delegation announced the...
Meadowbrook Insurance Acquires Mackinaw Administrators
Aug 20 2015 // Meadowbrook Insurance Group Inc., based in Southfield, Mich., has acquired Mackinaw Administrators LLC (Mackinaw). Founded in 1995, Mackinaw is a Michigan-based program and claims administrator that provides tailored...
USG Unit Acquires Certain Program Renewal Rights From US Assure in Florida
Aug 20 2015 // Allied American Underwriters, a subsidiary of USG Insurance Services Inc., announced that it acquired the renewal rights on several books of business from Jacksonville, Florida-based US Assure. The terms of the acquisition...
Willis Completes Acquisition of Australia’s CKA Risk Solutions
Aug 20 2015 // Willis Australia, part of Willis Group Holdings plc, announced the completion of its acquisition of CKA Risk Solutions. The announcement noted that “CKA is a leading independent broker based in Perth with a strong...
The Hilb Group Acquires JWB Insurance in North Carolina
Aug 18 2015 // The Hilb Group LLC announced today that it acquired JWB Insurance Group, an independent agency in Wilmington, North Carolina. The transaction became effective Aug. 1, 2015. The terms of the deal were not...
