Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
USI Targets Southeast for Growth with Newly-Acquired Georgia Offices
Jan 30 2015 // Following USI Insurance Services’ acquisition of two insurance brokerage offices in Savannah, Ga., from Wells Fargo Insurance and Willis North America, the USI Southeast region has announced it plans to aggressively...
ISU Cormarc Tasman in California Formed with Merger
Jan 29 2015 // ISU Cormarc Tasman Insurance Agency was recently formed by combining ISU Cormarc Insurance Services headquartered in Murrieta, Calif. with ISU Insurance Services Tasman in Ladera Ranch. The headquarters for the new agency...
United Insurance Acquires Shiretown Agency in Maine
Jan 28 2015 // United Insurance, an independent insurance agency headquartered in Falmouth, Maine, announced the acquisition of the Shiretown Agency in Farmington, Maine. Terms of the transaction were not disclosed. United Insurance has...
Enstar Completes Acquisition of South Carolina-based Companion
Jan 28 2015 // A wholly owned subsidiariy of Enstar Group Ltd. has completed its acquisition of Companion Property and Casualty Insurance Co. from Blue Cross and Blue Shield of South Carolina. Companion is a South Carolina-based...
Kansas Geologists Seek More Funding for Earthquake Monitoring
Jan 28 2015 // Kansas geologists say they need more funding to investigate an unprecedented spike in earthquakes in the state. Kansas Geological Survey Director Rex Buchanan told the House Energy and Environment Committee that about half...
CIA-Leavitt Acquires Colorado Springs Accounts From Brown and Brown
Jan 27 2015 // CIA-Leavitt Insurance Agency has acquired the Colorado Springs, Colo. clients from Brown & Brown Insurance, which closed its local office. This change will not affect current policies, and to help ease the transition...
Lawley Expands Into Connecticut With Merger of DFM Insurance
Jan 27 2015 // Lawley Insurance, an independent insurance agency headquartered in Buffalo, New York, will expand into Connecticut through a merger with DFM Insurance Inc. based in Darien, Connecticut. Terms of the transaction were not...
Clark Insurance Acquires James L. Cooney Agency in Massachusetts
Jan 27 2015 // Clark Insurance, an employee-owned independent insurance agency with offices in Maine and New Hampshire, has acquired the James L. Cooney Insurance Agency of Lowell, Massachusetts. Terms of the transaction were not...
AXIS Says Debt-Free Merger With PartnerRe Paves Way for More Deals
Jan 27 2015 // The creation of one of the world’s largest reinsurers in an all-stock merger paves the way for more deals. AXIS Capital Holdings Ltd. and PartnerRe Ltd.’s combination without taking on debt will leave the new...
Size Matters in Bermuda as Reinsurance Deals Heat Up: Real M&A
Jan 27 2015 // Insurance deal making is heating up as companies embrace a bigger-is-better philosophy. AXIS Capital Holdings Ltd.’s plan to merge with PartnerRe Ltd., creating a firm with a combined market value of $11 billion,...
Hotchkiss Insurance Agency Names Conner, Ramsey Partners in Dallas
Jan 26 2015 // Dallas-based Hotchkiss Insurance Agency announced that Chandler “Ross” Conner and Ben “Hunter” Ramsey each accepted invitations to become partners of the firm in December 2014. Ross Conner Conner, a...
AXIS to Merge with PartnerRe to Create $11 Billion Reinsurer
Jan 26 2015 // AXIS Capital Holdings Ltd. agreed to merge with PartnerRe Ltd., combining two Bermuda-based reinsurers with a total market value of almost $11 billion amid accelerating consolidation in the industry. PartnerRe shareholders...
TWIA Legislative Recommendations Address Funding, Depopulation
Jan 26 2015 // The Texas Windstorm Insurance Association, the state-created insurer that provides property coverage for wind and hail in 14 coastal counties and parts of Harris County, has submitted a report to the Legislature with...
Ex-Partner Defeats California’s Firm’s Bid for Personnel Records
Jan 23 2015 // Kleiner Perkins Caufield & Byers, facing gender-bias claims by ex-partner Ellen Pao, may not get access to her performance reviews, complaints about her and other personnel records it sought from her other employers in...
Tennessee’s Crichton Group Makes Staff Changes, Names New Partner
Jan 23 2015 // The Crichton Group, an independent insurance agency in Middle Tennessee, has appointed a new partner and a new director of risk management. In addition, it has also added an account executive and an account manager to its...
Lockton Affinity, Monitor Liability Managers Partner on Accountants’ PL Program
Jan 23 2015 // Lockton Affinity, the affinity program management division of Lockton Cos., has selected Monitor Liability Managers (Monitor), a W. R. Berkley Company, for its national certified public accountant (CPA) professional...
Legislative Focus for Texas Windstorm Insurer: Funding, Depopulation
Jan 22 2015 // The Texas Windstorm Insurance Association, the state-created insurer that provides property coverage for wind and hail in 14 coastal counties and parts of Harris County, has submitted a report to the Legislature with...
Willis to Acquire Majority Stake in Miller in Ship-Insurance Wager
Jan 22 2015 // Willis Group Holdings Plc, the third-largest insurance broker by market value, has agreed to take a majority stake in Miller Insurance Services LLP to add shipping clients. Willis will take an 85 percent stake, and...
NFP Acquires Michelsen Benefits in North Carolina
Jan 21 2015 // New York-based insurance brokerage and consultant NFP has expanded its corporate benefits practice with the acquisition of Charlotte, N.C.-based Michelsen Benefits Group Inc., or The Michelsen Group (TMG). The transaction...
AssuredPartners Acquires Omni Risk Management, Omni Benefits in N.Y.
Jan 20 2015 // AssuredPartners Inc. has acquired Omni Risk Management and Omni Benefits in Smithtown, New York. The firm specializes in coverage for commercial insurance with a specialty in construction coverage, surety bonding, personal...
