Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Florida Panel Advances Bill to Limit Nursing Home Partners’ Liability
Mar 7 2014 // Defendants who can be named in lawsuits against nursing homes in Florida would be limited under a bill that moved this week through the House Civil Justice Committee. Developers, silent partners and other parties that...
Hub International Acquires Illinois-Based Corporate Benefit Consultants
Mar 6 2014 // Global insurance brokerage, Hub International Limited (Hub), announced that its subsidiary Hub International Midwest (Hub Midwest) has acquired Corporate Benefit Consultants Inc. (CBC), a Des Plaines, Ill.-based employee...
AgentLink Acquires Indiana’s Consolidated Brokerage Services
Mar 6 2014 // Louisville, Ky.-based insurance broker AgentLink announced it has acquired 100 percent ownership of Consolidated Brokerage Services (CBS) in Indianapolis, Ind. Founded in August of 2005 and originally owned by John...
Vertafore, StoneRiver Partnership Aims to Make Selling Flood Insurance Easier
Mar 5 2014 // Insurance software firm Vertafore has formed a partnership with flood insurance policy processing firm StoneRiver National Flood Services (NFS) to provide independent agents a new way to quote and cross-sell flood...
Arthur J. Gallagher Acquires Tudor Risk Services in Massachusetts
Mar 5 2014 // Arthur J. Gallagher & Co. announced the acquisition of Tudor Risk Services, LLC located in Woburn, Mass. Terms of the transaction were not disclosed. Founded in 2009, Tudor Risk Services is a retail insurance broker...
Argo Re Forms Partnership with Horseshoe Group for ILS Market
Mar 4 2014 // The Bermuda-based Argo Group International Holdings announced that its Bermuda-based reinsurance company, Argo Re, Ltd., has entered into an agreement with Horseshoe Re Limited that will expand its reinsurance product...
Confie Seguros Acquires Ida Tunnell Insurance in Marble Falls, Texas
Mar 3 2014 // Confie Seguros, a national provider of personal lines insurance, announced it has acquired Ida Tunnell Insurance in Marble Falls, Texas, near Austin. Confie Seguros now has 120 total offices in the state. Founded in 1991,...
AssuredPartners Acquires Creech & Stafford in Kentucky
Feb 27 2014 // Lake Mary, Fla.-based AssuredPartners Inc., through its Neace Lukens platform, has completed the acquisition of Creech & Stafford Insurance Agency Inc. in Kentucky. The terms of the transaction were not...
LIU Partners with BitSight Technologies to Provide Information Monitoring to Insureds
Feb 27 2014 // Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has collaborated with BitSight Technologies to provide LIU Data Insure policyholders with current ratings on their company’s information...
XL Acquires Global Ag Insurance to Expand Crop Coverage
Feb 27 2014 // XL Reinsurance America Inc., a subsidiary of XL Group Plc, the insurer led by Chief Executive Officer Mike McGavick, has acquired Global Ag Insurance Services LLC to add sales of coverage to farmers in the U.S....
AssuredPartners Acquires Bateman Agency in N.J.
Feb 26 2014 // Lake Mary, Fla.-based AssuredPartners Inc., through its subsidiary Donald F. LaPenna Associates Inc. in Clark, N.J., has acquired Bateman Agency Inc. Terms were not disclosed. Bateman Agency is an independent insurance...
XL Group Acquires Global Ag Insurance in Western U.S.
Feb 26 2014 // XL Reinsurance America Inc., a subsidiary of XL Group plc, has acquired Global Ag Insurance Services, a crop insurance provider based in the Western United States. The two companies initially partnered in 2011 to deliver...
Gjensidige Sells $546 Million Stake in Norway Insurer Storebrand
Feb 26 2014 // Gjensidige Forsikring ASA, Norway’s largest insurer, sold its remaining 20.1 percent stake in life insurance and pension provider Storebrand ASA for 3.3 billion kroner ($546 million) as it focuses on general...
The ‘Switching’ Economy: Consumers to Buy Insurance from Google, Amazon, Verizon
Feb 24 2014 // New global research finds that as many as two-thirds (67 percent) of insurance customers would consider purchasing insurance products from organizations other than insurers, including 23 percent who would consider buying...
Arthur J. Gallagher Acquires Louisiana Insurance Agency Kent, Kent & Tingle
Feb 21 2014 // Arthur J. Gallagher & Co. has acquired Kent, Kent & Tingle, a retail insurance broker based in Shreveport, La. Terms of the transaction were not disclosed. Founded in 1989, Kent, Kent & Tingle (KK&T)...
York Acquires Texas, Louisiana-Based American Claims Services
Feb 19 2014 // York Risk Services Group, a provider of claims administration and risk management services, has acquired American Claims Services Inc. (ACSI) based in Houston, Texas, and Destrehan, La. John Bannon and Bill Johnson of ACSI...
Liberty Mutual Enters Malaysian Market with Uni.Asia Capital Acquisition
Feb 19 2014 // Liberty Mutual Insurance Group has announced the company’s entry into Malaysia’s $4.6 billion non-life insurance market with its planned acquisition of Uni.Asia Capital Sdn Bhd’s 68.09 percent stake in...
Patriot National, Stonewood Partner on Healthcare Program in Midwest
Feb 18 2014 // Patriot National Insurance Group Inc., a workers’ compensation insurer based in Fort Lauderdale, Fla., has a new partnership with Stonewood National Insurance Co. for a healthcare industry program in the...
Liberty Mutual Entering Malaysia with $113 Million Acquisition
Feb 18 2014 // Liberty Mutual Insurance Group in Boston announced the company’s entry into Malaysia’s $4.6 billion non-life insurance market with its planned acquisition of a 68.9 percent stake in Uni.Asia General Insurance...
South Carolina’s Johnson & Johnson Buys H.T. Bailey of Massachusetts
Feb 18 2014 // Johnson & Johnson, a Charleston, South Carolina managing general agency, has acquired wholesale broker H.T. Bailey Insurance Group in Burlington and Quincy, Mass. Under its new ownership, H.T. Bailey will continue to...