Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
China’s Fosun Buys 80% of Portugal’s Caixa Insurer for $1.36 Billion
Jan 10 2014 // China’s Fosun International Ltd. bought 80 percent of Portugal’s Caixa Geral de Depositos SA’s insurance unit for €1 billion ($1.36 billion), beating out U.S. buyout firm Apollo Management International...
Alliant Insurance Services Acquires Sagewell Partners in Pittsburgh
Jan 9 2014 // Newport Beach, Calif.-based specialty insurance brokerage Alliant Insurance Services has acquired benefits brokerage Sagewell Partners in Pittsburgh. Terms of the acquisition were not disclosed. Sagewell Partners...
AXA ART, Trident Insurance Partner to Offer Specialty Fine Art Coverages
Jan 9 2014 // Fine art insurance specialist AXA Art Americas Corporation (AXA ART) has formed a strategic business partnership with Trident Insurance Services, LLC, a member of Argo Group International Holdings, Ltd., an international...
Insurance M&A Trends That May Lead to ‘Perfect Storm’ in 2014
Jan 9 2014 // Encouraged by a vigorous period of insurance M&A activity in the second half of 2012, many in the industry had high expectations of robustness in 2013. It’s clear now that 2013 M&A activity did not reach the...
California’s EPIC Acquires Georgia’s McCart Group as Part of National Expansion
Jan 9 2014 // EPIC (Edgewood Partners Insurance Center), a retail property/casualty insurance brokerage and employee benefits consultant based in San Francisco, said it has acquired The McCart Group of Duluth, Georgia. The McCart Group...
Align Financial Forms Catalytic, Acquires Western RE Stock
Jan 9 2014 // San Diego, Calif.-based Align Financial Group LLC. has formed Catalytic Holdings LLC, a specialist property catastrophe underwriting manager, and Catalytic has acquired the property catastrophe business of Align General...
Willis to Acquire Specialist Broker Charles Monat Limited
Jan 9 2014 // Willis Group Holdings announced that it has agreed to acquire Charles Monat Limited, a life insurance solutions adviser to high net worth clients. Willis said: “Charles Monat Limited has placed over US$13 billion in...
Daves Appointed Managing Partner at Willis of Illinois
Jan 8 2014 // Paty Daves has been appointed managing partner at Willis of Illinois, retail insurance broker, Willis North America (WNA), announced. In this role, Daves will oversee business operations in Willis’ Chicago,...
CBIZ Acquires Centric Insurance Agency in New Jersey
Jan 8 2014 // Cleveland-based CBIZ Inc. announced that it acquired substantially all the assets of Centric Insurance Agency in New Providence, New Jersey, effective Jan. 1, 2014. Established in 1994, Centric Insurance Agency is an...
Segal Group Acquires Employee Benefits Firm Moroni Fantin in Michigan
Jan 7 2014 // The Segal Group announced it has acquired a portion of the business of Moroni Fantin, an employee benefits consulting firm located in the Detroit, Mich.-area. Moroni Fantin specializes in working with Michigan and...
