Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Progressive Insurance Acquiring Homeowners Group ASI for $875M
Dec 16 2014 // Auto insurance giant Progressive Insurance is enhancing its homeowners insurance offerings by acquiring controlling interest in a Florida-based group of insurers now selling homeowners, renters, condo, umbrella, flood and...
UPC Insurance to Acquire Family Security Holdings
Dec 16 2014 // United Insurance Holdings Corp. (UPC Insurance) said it plans to acquire Family Security Holdings LLC for $9 million. The transaction is expected to close by Jan. 31, 2015. FSH is an insurance holding company with two...
Arthur J. Gallagher Acquires O’Gorman & Young in New Jersey
Dec 15 2014 // Arthur J. Gallagher & Co. announced the acquisition of O’Gorman & Young Inc., headquartered in Chatham, New Jersey, including its affiliate G.R. Murray Insurance, in Princeton, New Jersey. Terms of the...
Evolving Regulation and Its Impact on Insurers’ M&A Strategies
Dec 15 2014 // It appears that the insurance industry is having an easier time emerging from the financial crisis than entering the new regulatory environment, particularly as it relates to nonorganic growth. With increasingly healthy...
NFP Acquires Foran Insurance in Massachusetts
Dec 12 2014 // National Financial Partners Corp. (NFP), a New York-based provider of benefits, insurance and wealth management services, has acquired EBS/Foran Insurance and Advisory Services Inc. (Foran Insurance) in Massachusetts....
Alliant Insurance Services Acquires The Camps Group in New York
Dec 12 2014 // Alliant Insurance Services, a specialty insurance brokerage firm based in Newport Beach, California, has acquired The Camps Group, an employee benefits services provider in New York. Terms of the transaction were not...
AssuredPartners Acquires First Palmetto Insurance in South Carolina
Dec 11 2014 // AssuredPartners Inc., through its subsidiary Assured Neace Lukens, has acquired First Palmetto Insurance Agency in South Carolina. Terms of the transaction were not disclosed. First Palmetto Insurance Agency offers...
Willis Completes Acquisition of IFG Ireland for Human Capital & Benefits
Dec 11 2014 // Willis Ireland, part of Willis Group Holdings plc, announced it has received the relevant regulatory approvals and has completed its acquisition of a range of Irish pension and financial advisory businesses from IFG Group...
Travelers to Buy Majority Stake in Colombian Insurance Startup
Dec 11 2014 // Travelers Cos., the lone property- casualty insurer in the Dow Jones Industrial Average, agreed with a partner to buy a majority stake in a startup surety provider based in Colombia. The joint venture with Brazil’s...
INSURICA Acquired Oklahoma, California Agencies in Q3 2014
Dec 9 2014 // Oklahoma City-based INSURICA Insurance Management Network announced it acquired an agency in Oklahoma and one in California during the third quarter of 2014. In Oklahoma, INSURICA added James & Associates, located in...
Integro Acquires Canadian Broker Finning Insurance Services
Dec 9 2014 // International insurance brokerage and risk management firm Integro announced it has acquired the assets of Finning Insurance Services (FIS), an insurance brokerage business, from Finning International Inc. Financial...
S&S Insurance Solutions of Florida Acquires Imperial Insurance
Dec 4 2014 // S&S Insurance Solutions of Florida, a division of East Providence, Rhode Island-based Starkweather & Shepley Insurance Brokerage, has acquired Imperial Insurance of Naples, Florida. Terms of the transaction were...
U.S. Prods Banks to Buy Cyber Insurance, Insurers to Develop Products
Dec 4 2014 // Banks should consider cyber risk insurance to help deal with the financial fall-out from the growing threat of cyber attacks, a top U.S. regulator said on Wednesday. Bankers and officials have become more vocal lately...
RSA Selected as Insurance Partner for UK Gov’t. Driverless Cars Project
Dec 4 2014 // RSA announced that it has been selected as the insurance partner for a Government backed project to pilot driverless cars in the Royal Borough of Greenwich, London. The project contract, awarded to a consortium led by TRL,...
Hub International Acquires Canada-Based MGA Partners
Dec 4 2014 // Hub International Limited, a global insurance brokerage, announced that its subsidiary Hub Financial Inc. has acquired the shares of MGA Partners Inc., an Ontario Canada-based managing general agency. Terms of the...
Indiana Insurer Buys Naming Rights for Fairgrounds Arena
Dec 3 2014 // The renaming of the Indiana State Fairgrounds Coliseum will come along with a fat cat on the roof. Carmel-based Indiana Farmers Mutual Insurance Co. has signed a 10-year, $6 million naming rights deal for the arena that...
A.M. Best: Asia-Pacific M&As Driven by Top-Line Growth Prospects
Dec 3 2014 // The Asia-Pacific region has been a popular destination for mergers and acquisitions, driven by top-line growth prospects for many still-developing markets with low insurance penetration, according to a Best’s Special...
USI Acquires Holmes Murphy in Missouri
Dec 2 2014 // USI Insurance Services has acquired the Saint Louis, Mo. operation of Holmes Murphy. The business and its employees will join USI’s Saint Louis office. Terms of the deal were not disclosed. The acquired business was...
Regions Insurance Opens Florida Office with Acquisition of Teaberry Business
Dec 2 2014 // Regions Insurance, an affiliate of Regions Bank, has opened an office in St. Petersburg, Florida after agreeing to purchase the accounts of Teaberry Health and Welfare Benefits Practice. Financial terms of the agreement...
K&B Underwriters in Virginia Partners With Freedom Specialty
Dec 2 2014 // K&B Underwriters, a Reston, Virginia-based program administrator and wholesale insurance brokerage for senior living facilities, announced its partnership with New York-based Freedom Specialty for its DigniCARE...
