Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
North Carolina Insurance Head Urges Lawmakers Not to Cut Driver’s Ed Funding
Sep 8 2015 // North Carolina Insurance Commissioner Wayne Goodwin has spoken out against a proposal by state lawmakers to eliminate funding for driver education through public high schools as a way to help close a deficit in the state...
Pending Mergers Will Harm Health Insurance Competition: AMA
Sep 8 2015 // The nation’s doctors say the proposed mergers among four of the nation’s largest health insurance companies would violate federal antitrust guidelines and seriously erode health insurance competition. According...
BASF Case Shows How Liabilities May Emerge Long After Acquisition
Sep 8 2015 // When BASF SE acquired Engelhard Corp. nine years ago for $5 billion, executives unknowingly inherited a ticking legal time bomb. It all began decades ago over the seemingly mundane industrial product talc, used in...
Clarke Appointed PartnerRe President as Acquisition by EXOR Progresses
Sep 8 2015 // Partner Re announced that its Board of Directors has appointed Emmanuel Clarke as President of PartnerRe Ltd. effective immediately. He will be responsible for leading and managing all of the Company’s...
Mitsui Sumitomo to Buy Amlin for $5.3B, Latest in Japanese Overseas Deals
Sep 8 2015 // MS&AD Insurance Group Holdings Inc. agreed to buy Lloyd’s of London insurer Amlin plc for about 3.47 billion pounds ($5.3 billion), joining an overseas deal spree by Japanese peers. Amlin shares surged. The...
Japan’s Mitsui Sumitomo Preparing to Buy Amlin: Report
Sep 7 2015 // Japan’s Mitsui Sumitomo Insurance Co. is in talks to buy Lloyd’s of London insurer Amlin Plc in a deal that could be announced as soon as Tuesday, according to a person with knowledge of the matter. The...
Insurers Look to Cyber, M&A Coverage as Prices Decline: Marsh
Sep 7 2015 // Commercial insurance rates continued their global decline in the second quarter of 2015, a trend driven by an abundance of global capacity and a lack of large insured loss activity, Marsh said in its latest Global...
DUAL M&A Liability Team Open for Business in Frankfurt and London
Sep 4 2015 // DUAL, the underwriting arm of the Hyperion Insurance Group, announced that its Frankfurt and London-based M&A Liability team is open for business. Niki Demirbilek joins as global head of M&A Insurance, supported by...
Engle Martin Closes Acquisition of Eberl in Colorado
Sep 3 2015 // Engle Martin & Associates has completed its acquisition of a majority share of Eberl’s Claim Service Inc. of Lakewood, Colo. and its related companies. Eberl provides catastrophe loss adjusting and claims-related...
MedPro Group Finalizes Acquisition of Oklahoma-Based PLICO
Sep 3 2015 // MedPro Group (MedPro), a Berkshire Hathaway subsidiary, has its completed its acquisition of healthcare liability insurer PLICO Inc. (PLICO) from the Oklahoma State Medical Association (OSMA). The transaction process —...
Hub International Acquires Agencies in Washington and California
Sep 3 2015 // Hub International Ltd. has acquired the assets of Arrow Insurance Service Inc. in Simi Valley, Calif. and it has acquired the assets of EmSpring Corp. in Washington. Terms of the deals were not disclosed. Arrow provides...
AssuredPartners Acquires Colorado Insurance Broker Sisk & Co.
Sep 3 2015 // AssuredPartners Inc. has acquired Sisk & Co. of Denver, Colo. The agency’s 27 employees will continue to operate from the Denver headquarters under the local leadership of Principal Thomas J. Sisk. Sisk & Co....
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...
