Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Keystone Insurers Group Adds Brennan & Stuart Inc. as Partner in Illinois
Jan 2 2014 // Brennan & Stuart Inc. of La Salle, Ill., is Keystone Insurers Group’s newest franchise partner in Illinois. Harold Brennan started Brennan & Stuart Inc. (BSI) as a family business in 1956. CEO Jerry Stuart...
Brown & Brown Acquires Assets of Claims Firm ICA
Jan 2 2014 // Brown & Brown Inc. has acquired certain assets of insurance claims adjusting firm ICA Inc., based in Charlotte, North Carolina, Terms were not disclosed. With annualized net revenues of approximately $13.2 million, ICA...
AmWINS Completes Acquisition of Bliss & Glennon and eReinsure
Jan 2 2014 // AmWINS Group Inc. completed its acquisition of Bliss & Glennon and eReinsure. AmWINS signed an agreement to acquire the firms from Fortegra Financial Corp. on Dec. 2. Terms were not disclosed. Bliss & Glennon is an...
CoreLogic Acquires Catastrophe Modeling Firm Eqecat
Dec 29 2013 // CoreLogic, an Irivine, Calif. company that provides the insurance, financial services and real estate industries with data and analytics, has acquired catastrophe modeling firm Eqecat from ABS Group. Alyson Austin,...
Arthur J. Gallagher & Co. Acquires Jenkins And Associates
Dec 27 2013 // Arthur J. Gallagher & Co. has acquired Jenkins and Associates in Springfield, Mo. Terms of the deal were not disclosed. Jenkins and Associates offers employee benefit brokerage and consulting services, such as group...
Arthur J. Gallagher & Co. Acquires Cleaveland Insurance Group
Dec 27 2013 // Arthur J. Gallagher & Co. acquired Cleaveland Insurance Group in Rock Island, Ill. Terms of the deal were not disclosed. Cleaveland Insurance Group is a retail insurance broker providing property/casualty, employee...
FTC Allows Fidelity National Acquisition of Lender Processing Firm
Dec 27 2013 // Fidelity National Financial Inc., the largest U.S. title insurer, won approval from U.S. antitrust regulators for its $2.9 billion acquisition of Lender Processing Services Inc. The Federal Trade Commission cleared the...
Arthur J. Gallagher & Co. Acquires Barmore in Texas
Dec 24 2013 // Arthur J. Gallagher & Co. has acquired Barmore Insurance Agency Inc. in Houston, Texas. Terms of the deal were not disclosed. Barmore is an insurance broker providing retail and wholesale commercial property/casualty,...
Arthur J. Gallagher Acquires McIntyre Risk Management in New Jersey
Dec 23 2013 // Arthur J. Gallagher & Co. announced its acquisition of McIntyre Risk Management LLC in Cherry Hill, New Jersey. Terms of the transaction were not disclosed. Established in 2002, McIntyre Risk Management is a retail...
USI Insurance Acquires Alabama’s Molton, Allen & Williams
Dec 23 2013 // USI Insurance Services has acquired Molton, Allen & Williams (MAW), headquartered in Birmingham, Ala. Terms of the transaction were not disclosed. USI said it will combine MAW with its existing Birmingham office under...
Business Risk Partners Hires 3 Underwriters in Connecticut
Dec 22 2013 // Business Risk Partners, a Windsor, Conn.-based managing general agency focused on specialty commercial insurance, recently added three new underwriters. Elizabeth Chapin Martinelli was hired as a miscellaneous professional...
Milliman to Acquire McGinn Actuaries in California
Dec 20 2013 // Seattle, Wash.-based Milliman Inc., a consulting and actuarial firm, has acquired McGinn Actuaries Ltd., an Anaheim, Calif.-based consultancy specializing in multiemployer pension plans. In addition to serving the...
Liberty Mutual Enhances Inland Marine Coverage, Partners with NER
Dec 20 2013 // Liberty Mutual Insurance has partnered with the National Equipment Register (NER) to provide its inland marine contractors’ equipment customers increased protection from equipment theft. The insurer is now offering...
Arthur J. Gallagher Acquires Houston’s Barmore Insurance Agency
Dec 20 2013 // Arthur J. Gallagher & Co. has acquired Barmore Insurance Agency Inc. located in Houston, Texas. Terms of the transaction were not disclosed. Founded in 1952, Barmore Insurance Agency (Barmore) is an insurance broker...
Arthur J. Gallagher & Co. Acquires Longfellow Financial in Boston
Dec 20 2013 // Arthur J. Gallagher & Co. announced its acquisition of Boston-based Longfellow Financial LLC. Terms of the transaction were not disclosed. Founded in 1999, Longfellow Financial is an employee benefits insurance broker...
The PIA Partnership Launches Growth Tool For Agency Members
Dec 19 2013 // The National Association of Professional Insurance Agents (PIA) and its agency-company council, The PIA Partnership, have designed a new tool to help independent insurance agenciesgrow and increase profits. “Closing...
New York to Provide $4M Grant Funding to Fight Auto Theft, Insurance Fraud
Dec 19 2013 // New York Gov. Andrew Cuomo announced the state will provide nearly $4 million in grant funding to 29 local police departments, district attorneys’ offices and other agencies in the state to combat motor vehicle theft...
Liberty Mutual Group to Buy Rest of Irish Unit from IBRC
Dec 19 2013 // Liberty Mutual Group Inc. said it will buy the 49 percent stake in the former Quinn Insurance Ltd. in Ireland that it doesn’t already own from failed lender Irish Bank Resolution Corp. The company didn’t...
Sompo Japan to Buy UK Insurer Canopius in Overseas Expansion Drive
Dec 18 2013 // Sompo Japan Insurance Inc., a unit of Japan’s third-largest casualty insurer group by market value, confirmed earlier reports that it will buy Canopius Group Ltd. of the U.K. for 99.2 billion yen ($963 million) as it...
IAG to Buy Wesfarmers Insurance Business for A$1.85 Billion
Dec 16 2013 // Insurance Australia Group Ltd. agreed to buy Wesfarmers Ltd.’s insurance underwriting businesses in Australia and New Zealand for A$1.85 billion [US$1.653 billion] to become the largest insurer in...
