Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Altitude Risk Partners Launches 1st Underwriting Cell on Castel’s MGA Platform
Jan 23 2014 // Castel Underwriting Agencies Limited, a member of the Barbican Insurance Group, announced that Altitude Risk Partners has become the first underwriting cell to utilize its “club-style” MGA platform to create a...
Keystone Insurers Group Names Five New ‘Pioneer’ Partners in Illinois
Jan 22 2014 // Keystone Insurers Group named five new franchise partners in Illinois, completing its list of “Pioneer Partners” — the first 10 agencies in the state to join the property/casualty insurance network....
Risk Strategies Acquires Singer Nelson Charlmers in New Jersey
Jan 22 2014 // Risk Strategies Co., a national insurance brokerage and risk management firm based in Boston, announced it has acquired Singer Nelson Charlmers, a Teaneck, N.J.-based insurance brokerage firm providing coverages in...
Bolton & Co. Acquires Rick Gombar Insurance in California
Jan 17 2014 // Bolton & Co. has acquired Los Angeles-based Rick Gombar Insurance Services Inc., an independent insurance agency that provides professional protection for the security industry. As part of the transaction, Rick Gombar,...
USI Insurance Services Acquires Oscar & Associates in N.J.
Jan 17 2014 // USI Insurance Services announced the closing of the acquisition of Oscar & Associates, an employee benefit wholesale broker in West Caldwell, N.J. Terms of the transaction were not disclosed. Oscar & Associates...
Oracle Loses Bid to Have D&O Insurer Beazley Pay $20M in Claims Over Acquisition
Jan 16 2014 // Oracle Corp. can’t rely on an insurer to pay $20 million to help settle shareholder claims over the software maker’s acquisition of a company controlled by Oracle founder Larry Ellison, a judge...
Ohio Treasurer Withdraws Insurance Claim, Sells Damaged Vehicle for $938
Jan 16 2014 // Records show Ohio treasurer Josh Mandel’s failed Senate campaign sold a vehicle totaled in a March wreck shortly after questions arose over the continued use of the vehicle, averting an insurance review that might...
Brown & Brown to Acquire Flood, Specialty Insurer The Wright Group
Jan 15 2014 // Florida-based national insurance broker Brown & Brown, Inc. has agreed to acquire The Wright Insurance Group, LLC for $602.5 million from Aquiline Capital Partners, Wright’s lead equity partner. The Wright...
Risk Strategies Acquires DataRisk in New Hampshire
Jan 15 2014 // Risk Strategies Co., a national insurance brokerage and risk management firm based in Boston, announced it has acquired DataRisk LLC, a Portsmouth, N.H.-based risk management consulting firm offering risk management and...
AssuredPartners Acquires InSight Aviation Insurance in Virginia
Jan 15 2014 // AssuredPartners Inc., through its Dawson Companies platform, has completed the acquisition of InSight Aviation Insurance in Richmond, Va. InSight Aviation is an agency that specializes in property/casualty insurance and...
Sen. Rockefeller Requests Increased Funding for Chemical Safety Board
Jan 15 2014 // U.S. Sen. Jay Rockefeller is seeking more funding for the U.S. Chemical Safety Board following a spill in West Virginia that tainted the water supply for about 300,000 residents. Rockefeller says in a news release that he...
USI Insurance Services Acquires Ohio’s Quintessential Advisors
Jan 14 2014 // Insurance broker, USI Insurance Services (USI), has acquired Quintessential Advisors Ltd. (Quintessential) headquartered in Dayton, Ohio. Terms of the transaction were not disclosed. Quintessential Advisors was founded in...
Cross Insurance Acquires Assets of Maine, Connecticut Brokers
Jan 14 2014 // Bangor, Maine-based Cross Insurance has acquired the assets of two insurance brokers – Willis of Northern New England Inc., and The Insurance Exchange Inc. of Stamford, Connecticut. Formerly known as the Dunlap Agency,...
Mass.-Based Corcoran & Havlin, Sciarratta & Doucette Announce Merger
Jan 13 2014 // The Corcoran & Havlin Insurance Group in Wellesley, Mass., recently announced it has merged with Needham, Mass.-based Sciarratta & Doucette Insurance Agency. Sciarratta & Doucette customers will now be...
Bloss & Dillard Acquires Agents Insurance Markets in Virginia
Jan 13 2014 // Huntington, West Virginia-based managing general agent Bloss & Dillard Inc. announced it has acquired and now operates Agents Insurance Markets Inc., a managing general agent in Richmond, Virginia. The new acquisition...
SNL Insurance Acquires Analytics Firm iPartners
Jan 13 2014 // SNL Insurance, a division of SNL, has acquired iPartners LLC, which offers analytics and reporting software and services that help insurers collect and analyze internal business data. Terms were not disclosed. SNL...
Coverys Acquires OHA Holdings, Ohio Insurance Solutions
Jan 13 2014 // OHA Holdings Inc. and its wholly owned subsidiary OHA Insurance Solutions (OHAIS), located in Columbus, Ohio, have been acquired by medical professional liability insurance provider, Coverys. OHAIS was created by the Ohio...
Republic Group Sells Republic Home Protectors, Southern Vanguard Insurance
Jan 10 2014 // Regional insurance holding company, Texas-based Republic Group, announced it has sold of all of the outstanding shares of common stock of Republic Home Protectors Inc. (RHP) and Southern Vanguard Insurance Co. (SVIC) to...
AssuredPartners Acquires Leonard Insurance Services in Ohio
Jan 10 2014 // AssuredPartners Inc., through its Dawson Companies platform, has acquired Leonard Insurance Services, an Ohio-based agency that specializes in commercial, personal, life and health insurance, employee benefits, financial...
OceanPoint Insurance Agency Acquires Raymond Insurance in R.I.
Jan 10 2014 // Middletown, R.I.-based OceanPoint Insurance Agency announced that it has acquired Raymond Insurance of Coventry, R.I., to expand insurance services in the state’s West Bay area. Kim Raymond, principal of Raymond...
