Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
McGriff, Seibels & Williams to Acquire Caledonian in Washington
Apr 2 2014 // McGriff, Seibels & Williams Inc. has acquired Caledonian Insurance Group Inc. of Mercer Island, near Seattle, Wash. The deal was completed April 1. Terms were not disclosed. Caledonian specializes in insurance...
Hudson Acquires Trucking Program Manager, Motor Transport Underwriters
Apr 2 2014 // Hudson Insurance Group has acquired Motor Transport Underwriters Inc. (MTU), an underwriting, claims and risk management specialist in the long-haul trucking arena with which Hudson does business. The announcement said MTU...
Enstar and Stone Point Capital Complete Torus Acquisition
Apr 2 2014 // Enstar Group Limited and Stone Point Capital LLC announced the completion of the acquisition of global specialty insurer, Torus Insurance Holdings Limited, originally agreed to in July 2013. The announcement added that...
Johnson & Johnson Acquires Midwest’s Stateside Underwriting
Apr 1 2014 // Charleston, South Carolina’s Johnson & Johnson has acquired Stateside Underwriting Agency Inc. (SUA) in Crystal Lake, Illinois, and Chagrin Falls, Ohio. SUA will continue to operate under the leadership of...
Ironshore Canada, IronPro Division Appoint M&A Execs
Apr 1 2014 // Ironshore Canada Ltd. has announced the appointments of key executives within its Mergers & Acquisitions division and for IronPro, the professional and management liability unit of Ironshore Inc. Ironshore named Andrew...
Stratton Agency Acquires Willis Retail Pizza Program
Mar 31 2014 // Stratton Agency, an independent insurance brokerage in San Carlos, Calif., has acquired Willis Insurance Services retail pizza program. This purchase, initiated by the PizzaSurance division, includes hundreds of pizzeria...
Conning to Acquire Brookfield’s Insurance Asset Management Business
Mar 31 2014 // Hartford-based insurance asset management firm Conning, Inc. said it has agreed to acquire certain assets of Brookfield Investment Management Inc.’s core fixed income insurance. The investment team currently managing...
Catalina Completes Alea Group Holdings (Bermuda) Acquisition
Mar 31 2014 // Catalina Holdings (Bermuda) Ltd. Has announced that following receipt of regulatory approvals from the Bermuda Monetary Authority and the New York Department of Financial Services it has today completed its acquisition of...
Berkshire Hathaway Specialty Exec on Acquisitions, Expansion Plans
Mar 31 2014 // Berkshire Hathaway Specialty Insurance (BHSI), part of Omaha, Nebraska-based conglomerate holding company Berkshire Hathaway, has its eyes on overseas expansion, according to BHSI’s top executive. BHSI’s...
Vertafore, DocuSign Partner to Offer E-Signature Services to Technology Users
Mar 27 2014 // Insurance technology provider Vertafore and digital transaction manager DocuSign have teamed up to offer e-signature services to Vertafore’s insurance clients. DocuSign’s Digital Transaction Management Platform...
BB&T to Acquire Woodbury & Co. in Carolinas
Mar 27 2014 // BB&T Insurance Services said it will acquire Woodbury & Co. of Wilmington, N.C., and Myrtle Beach, S.C. Woodbury & Co. sells commercial property/casualty; employee benefits; individual life and health; personal...
Insurance Executives See Jump in Acquisitions Ahead
Mar 27 2014 // After a slowdown following the 2008 financial crisis, the volume of insurance mergers and acquisitions should increase over the next one to three years, according to North American insurance executives. A sizable 86...
Old Mutual Sells Skandia Units as It Pares European Operations
Mar 27 2014 // Old Mutual Plc, Africa’s biggest insurer, is selling its Skandia units in Germany and Austria for €220 million ($303 million) in cash. The two businesses, part of the London-based insurer’s wealth division,...
Business Risk Partners, LIU Launch New E&O Policy Form for Agents, Brokers
Mar 26 2014 // Program administrator Business Risk Partners (BRP) has launched a new insurance agents and brokers professional liability form through Liberty International Underwriters (LIU), a division of Liberty Mutual Insurance....
Catalina Holdings to Acquire SPARTA Insurance in Connecticut
Mar 26 2014 // Catalina Holdings Ltd., a Bermuda-based consolidator in the non-life run-off sector, announced it has agreed to acquire SPARTA Insurance Holdings, a property/casualty underwriting company in Hartford, Conn. Following the...
CoreLogic in California Acquires Marshall & Swift/Boeckh and DataQuick
Mar 25 2014 // CoreLogic closed its acquisition of Marshall & Swift/Boeckh and DataQuick Information Systems, a property data and analytics information company. The acquisition also included the credit and flood services operations...
Arthur J. Gallagher Acquires Spataro Insurance Agency in New York
Mar 24 2014 // Arthur J. Gallagher & Co. announced that it has acquired Spataro Insurance Agency Inc. located in Burnt Hills, New York. Terms of the transaction were not disclosed. Founded in 1932, Spataro Insurance Agency is a...
Aronson Insurance Acquires Shuffain Insurance Agency in Massachusetts
Mar 24 2014 // Aronson Insurance, an independent insurance agency in the suburban Boston area of Needham, Mass., has acquired Shuffain Insurance Agency of Sharon, Mass. Aronson Insurance is an independent insurance agency owned and...
Biglari Holdings Acquires First Guard Insurance in Florida
Mar 24 2014 // Biglari Holdings in San Antonio, Texas, last week announced its acquisition of Venice, Florida-based First Guard Insurance Co. and its affiliate, 1st Guard Corp. The terms of the transaction were not disclosed. First Guard...
Top U.S. P/C Agency and Brokerage Acquirers in 2013
Mar 24 2014 // Insurance Journal‘s review of property/casualty agency and brokerage mergers and acquisitions occurring in 2013 found that Arthur J. Gallagher was the most active agency acquirer – as was the case in 2012. Hub...
