Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
AssuredPartners Promotes Vredenburg to EVP, Chief Acquisition Officer
Feb 28 2013 // AssuredPartners Inc. has promoted Paul Vredenburg to the new role of executive vice president and chief acquisition officer. In his new position, Vredenburg will work to expand the AssuredPartners national footprint...
Arc Legal Partners with Rent4sure for Online Claims Reporting for Landlords
Feb 28 2013 // The UK’s Arc Legal Assistance announced that it has been appointed by real estate agents Rent4sure to “provide a range of comprehensive Managing Agents and Residential Landlord Legal Expenses and Rent...
Markel and Alterra Shareholders Approve Acquisition
Feb 27 2013 // Markel Corp. and Bermuda-based Alterra Capital Holdings Limited shareholders have voted in favor of all proposals necessary for the acquisition of Alterra by Markel, as announced in December 2012. Under the terms of the...
Despite Uncertainty, Momentum Building for M&As in 2013: PwC
Feb 21 2013 // While 2012 was a flat year for financial services mergers and acquisitions (M&A) overall, there was a surge in the fourth quarter and there is reason to think activity will pick up in 2013, according to a new...
Lion Insurance Partners With Command Investigations to Offer Anti-Fraud Services
Feb 20 2013 // Lion Insurance has formed an exclusive business partnership with Command Investigations, LLC as their national provider for all special investigative unit (SIU) and anti-fraud services. As part of the SIU and anti-fraud...
Digital Insurance Buys North Carolina Benefit Broker BSD
Feb 20 2013 // Atlanta-based benefits broker Digital Insurance has acquired Benefit Services & Design (BSD) of Raleigh, North Carolina. The 30-year-old BSD has been merged with the Raleigh office of Digital Benefit Advisors (DBA), a...
MagMutual to Acquire South Carolina Physician Assurance
Feb 19 2013 // Regional medical malpractice insurer MagMutual Insurance Co. said it has reached a deal to acquire the South Carolina Physician Assurance Co., another provider of medical malpractice insurance. South Carolina Physician...
Tennessee Gov. Haslam Nixes Health Exchange Partnership
Feb 17 2013 // Tennessee won’t participate in a partnership with the federal government in establishing a health insurance exchange, Gov. Bill Haslam announced Friday. The Republican governor said in a letter to U.S. Health and...
Ironshore Acquires Specialty Stop Loss Insurance Broker
Feb 14 2013 // Ironshore Inc. has acquired Excess Risk Reinsurance (ERR) Inc., a managing general underwriter specializing in the Employer Stop Loss insurance sector. ERR will operate as a wholly-owned subsidiary of Ironshore Insurance...
SeaFire Insurance Seeks Agency Partners in New Hampshire, Vermont, Maine
Feb 12 2013 // SeaFire Insurance Services said it is actively seeking new agency partners in New Hampshire, Vermont and Maine for its exclusive auto dealer and repair insurance program. SeaFire said it will consider appointments for...
Swett & Crawford Acquires Southern Hospitality Underwriters of Georgia
Feb 11 2013 // In an expansion of its specialized program business, Swett & Crawford has acquired the assets of Griffin, Georgia -based Southern Hospitality Underwriters Inc. (SHU), a regional firm specializing in business insurance...
Virginia’s Hilb Group Acquires Pennoyer Group in Maryland
Feb 11 2013 // The Hilb Group, a Richmond, Va.-based insurance broker, announced the acquisition of The Pennoyer Group from its shareholders. The transaction was effective Jan. 31, 2013. Pennoyer was founded in 1978 by Paul Pennoyer and...
Mississippi Insurance Chief Wants State-Run Health Exchange, Not Partnership
Feb 11 2013 // After blocking Mississippi’s proposal for a state-run health insurance exchange because of divisions among state leaders on the plan, federal officials said Friday that they’re encouraging the state to seek...
PartnerRe Reports $111.5 Million Q4 Net Income; FY 2012 $1.1345 Billion
Feb 11 2013 // Bermuda-based PartnerRe Ltd. reported net income of $111.5 million, or $1.56 per share for the fourth quarter of 2012. The figure includes net after-tax realized and unrealized losses on investments of $7.4 million, or...
Arch to Acquire Interests in California Firm From Bankrupt PMI
Feb 8 2013 // Arch Capital Group Ltd., through its U.S.-based subsidiaries (Arch U.S. MI), will acquire all outstanding equity interests in San Francisco, Calif.-based CMG Mortgage Insurance Co. from bankrupt Arizona-based PMI Mortgage...
Lockton Expands Australia Operation with Melbourne Broker Acquisition
Feb 8 2013 // Lockton announced that it has expanded its operations on Australia’s East Coast with the acquisition of niche insurance brokerage firm Strategic Insurance & Risk Solutions, owned by insurance industry leader...
California Bill Would Force Gun Owners to Buy Insurance
Feb 7 2013 // Democratic lawmakers have proposed legislation that would require California gun owners to buy liability insurance to cover damages or injuries caused by their weapons. Similar bills have been introduced in other states...
P&I Club Correspondents under Pressure to Acquire Indemnity Insurance
Feb 7 2013 // In the latest issue of its newsletter, The Wire, the London-based International Transport Intermediaries Club (ITIC) points out that “P&I correspondents are coming under increasing pressure from clubs and from...
N.Y.-Based Integro Acquires iTrade Unit From Navigators Management Co.
Feb 7 2013 // New York-based insurance brokerage and risk management firm Integro announced the asset purchase of iTrade — a bonds and logistics brokerage division from Navigators Management Company. Navigators Management Company...
Shea Insurance in Nevada Acquired by Leavitt Group
Feb 6 2013 // Shea Insurance in Las Vegas, Nev. has been acquired by the Leavitt Group. Terms of the deal were not made available. With the acquisition Scott Villamor, who owned Shea Insurance, joins Leavitt Group’s Las Vegas...
