Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Kansas-Based Chris-Leef General Agency Acquires H&W Insurance
Nov 5 2013 // Chris-Leef General Agency Inc., in Shawnee Mission, Kan., has acquired H&W Insurance Services Inc., also located in Shawnee Mission at 4210 Shawnee Mission Parkway. H&W specializes in offering insurance products...
Integro Canada Acquires Specialty Film Broker Multimedia Risk
Nov 5 2013 // Integro (Canada) Ltd. announced its acquisition of Winnipeg-based Multimedia Risk Inc., an insurance brokerage, which specializes in serving the national and international film and television production industry from...
Confie Head on McKinsey: M&As Indy Agents’ Salvation
Nov 4 2013 // It may not be quite as dire as a “merge or die” mindset, but the message from the head of Confie Seguros is that independent agents should take a hard look at the McKinsey report that claims local independent...
Confie Seguros Acquires Palm Springs, Fla.-Based City Insurance Agency
Nov 4 2013 // Confie Seguros, a national group of personal lines insurance brokers, announced its acquisition of Insurance Group of American Inc. (d/b/a City Insurance of Palm Springs, Fla.) City Insurance was established in 2003 and...
Confie Seguros Acquires DeFranco Insurance Agency in N.Y.
Nov 4 2013 // Confie Seguros, a national group of personal lines insurance brokers, announced its acquisition of DeFranco Insurance Agency Inc. in Niagara Falls, N.Y. DeFranco Insurance Agency specializes in the delivery and service of...
NSM Insurance Group Acquires California Broker ELM
Nov 4 2013 // NSM Insurance Group has acquired Executive Liability Managers Insurance Brokers in California. ELM is a 25-year-old professional liability wholesale insurance brokerage with three offices in California. The acquisition...
Travelers Completes Dominion of Canada Acquisition
Nov 4 2013 // The Travelers Companies, Inc. announced the completion of its acquisition of The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited. The combined organization, which will be referred to as...
South Africa’s MMI to Buy Alexander Forbes’ Insurance Business
Nov 4 2013 // MMI Holdings Ltd., South Africa’s third-largest insurer, agreed to pay 1.6 billion rand ($157 million) for Alexander Forbes Ltd.’s insurance business. MMI will fund the cash acquisition of Guardrisk from its...
AssuredPartners Acquires Eastern Insurance Agency in Pennsylvania
Nov 1 2013 // AssuredPartners Inc., through its subsidiary AssuredPartners of New Jersey, acquired Eastern Insurance Acquisition Agency (D/B/A Eastern Insurance Group) in Pennsylvania. Eastern Insurance Group specializes in commercial...
R-T Specialty to Buy Wholesale Broker Westrope
Nov 1 2013 // Chicago-based national wholesale insurance broker R-T Specialty said it has agreed to merge with another wholesale broker Westrope, based in Kansas City, Missouri. Westrope has a national presence with concentrations in...
Frost Insurance Acquires Kolkhorst Insurance Agency in Houston
Nov 1 2013 // Frost Insurance announced it has acquired Kolkhorst Insurance Agency, an independent Houston-based insurance agency that offers a full range of property and casualty, personal lines and surety products. The announcement...
Keystone Insurers Group: Nicoud Insurance Is First Illinois Franchise Partner
Oct 31 2013 // Keystone Insurers Group has welcomed Springfield-based Nicoud Insurance Services as its first franchise partner in Illinois. The announcement was made jointly by the agency’s owners, Jim Hillestad and Tim Nicoud, and...
Bolt Solutions Acquires Online Aggregator Superior Access (SAIS)
Oct 31 2013 // Bolt Solutions Inc., which provides property/casualty insurance online distribution and comparative rating platforms, has acquired Austin, Texas based Superior Access Insurance Services Inc. (SAIS), which it says is the...
Buffett Looking For Acquisitions as Berkshire’s $40B Cash Pile Deemed ‘Too Much’
Oct 31 2013 // Warren Buffett, who aims to have $20 billion in cash at his Berkshire Hathaway Inc., isn’t investing fast enough to keep money from piling up. Berkshire will post a $4.3 billion third-quarter profit, according to an...
PartnerRe Posts $333.4 Million Q3 Net Income; $392.2 Million 1st 9 Months
Oct 29 2013 // Bermuda-based PartnerRe Ltd. reported a net income of $333.4 million, or $5.84 per share for the third quarter of 2013, which “includes net after-tax realized and unrealized losses on investments of $1.3 million, or...
States Hit by Sandy to Get Next $5B of Recovery Funding
Oct 28 2013 // Federal officials on Monday unveiled plans for a second round of Superstorm Sandy disaster relief totaling $5 billion for five states and New York City, and they pledged that the pace of spending would pick up after a slow...
Hyperion Group Subsidiary DUAL to Acquire PGI Commercial
Oct 28 2013 // The London-based Hyperion Insurance Group, an international insurance intermediary, announced its intention to expand its underwriting agency business in the U.S. through the acquisition, by its subsidiary DUAL, also based...
Coverys to Acquire Ohio Medical Professional Liability Insurance Firm
Oct 28 2013 // FinCor Holdings Inc., a member of Coverys which is based in Boston, has agreed to acquire OHA Holdings Inc. and its wholly-owned subsidiary OHA Insurance Solutions (OHAIS), located in Columbus, Ohio. Coverys provides...
Arthur J. Gallagher Acquires G. S. Levine in California
Oct 24 2013 // Arthur J. Gallagher & Co. has acquired G. S. Levine Insurance Services Inc. in San Diego, Calif. The terms of the transaction were not disclosed. G. S. Levine is a retail insurance broker providing property/casualty,...
RHB Management to Acquire 2 Republic Group Subsidiaries
Oct 23 2013 // Dallas-based Republic Group announced that RHP Management LLC will acquire all of the outstanding shares of common stock of Republic subsidiaries Republic Home Protectors Inc. (RHP) and Southern Vanguard Insurance Co....
