Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Brown & Brown to Acquire Insurance Broker Beecher Carlson
May 22 2013 // Florida-based national insurance agency Brown & Brown Inc. has agreed to acquire Beecher Carlson Holdings Inc., an insurance and risk management broker with operations that include retail brokerage, program management...
Jacobson Completes Merger with UK’s ejsSearch
May 22 2013 // The Chicago-based Jacobson Group, which provides recruits to the insurance industry, and ejsSearch – the London-based insurance executive search firm specializing in assignments in London and broader European and...
Insurance Giant Buys Out Cincinnati Women’s Home
May 15 2013 // A major insurance company has bought out a nonprofit home for struggling women in Cincinnati in a deal announced Monday, ending a bitter two-year court battle over the home’s historic property in a beautiful downtown...
Confie Seguros Acquires Texas State Low Cost Insurance
May 14 2013 // Confie Seguros, a national provider of personal lines insurance, has acquired Texas State Low Cost Insurance Agency of Austin, expanding the company’s network beyond its current locations in San Antonio and...
CBIZ Acquires Minnesota’s Associated Insurance Agents
May 7 2013 // CBIZ Inc. announced it acquired Associated Insurance Agents (AIA), of Minneapolis, Minn., effective May 1, 2013. Established in 1982, AIA is an insurance brokerage agency specializing in property and casualty insurance,...
Univest Acquires John T. Fretz Insurance Agency in Pennsylvania
May 7 2013 // Univest Corporation of Pennsylvania and its insurance subsidiary, Univest Insurance Inc., announced this month the acquisition of John T. Fretz Insurance Agency Inc. John T. Fretz Insurance Agency is a...
Partner Benefits Stand for Michigan State Workers
May 6 2013 // Same-sex domestic partners of state employees will continue to qualify for health insurance after the Michigan Supreme Court decided not to hear an appeal filed by the state. In a short order released May 2 and dated May...
Flexing Antitrust Muscle; China is a New Hurdle for Mergers & Acquisitions
May 6 2013 // China’s new-found clout in regulating global mergers is causing headaches for companies seeking high-stakes deals that need Beijing’s approval. Where corporate lawyers and advisers were once primarily concerned...
ACE Acquires Mexico Personal Lines Insurer ABA Seguros
May 3 2013 // ACE Limited announced that it has completed the acquisition of Mexican personal lines insurer ABA Seguros from Ally Financial Inc. for approximately $690 million in cash, after a $175 million pre-closing dividend taken by...
Crop Insurance Subsidies Encourage Farmers to Buy Too Much Coverage: Economist
May 2 2013 // U.S. farmers have collected a record $17 billion in crop insurance payments on drought-hit 2012 crops but the system could have spent half as much and still saved growers from ruinous losses, an insurance specialist said...
AJ Gallagher Acquires UK’s Property & Commercial Limited
May 2 2013 // Arthur J. Gallagher announced the acquisition of UK-based Property & Commercial Limited from Barbon Insurance Group. Terms of the transaction were not disclosed. “This insurance business provides retail and...
Applied Systems Acquires IVANS P/C Business
May 1 2013 // Insurance software vendor Applied Systems said it has completed its acquisition of the property/casualty business of IVANS, which has been providing products for insurance data exchange and integration between insurance...
Confie Seguros Acquires Capital Insurance Agency in New Jersey
May 1 2013 // Hispanic market-focused insurance agency network Confie Seguros announced the acquisition of Capital Insurance Agency of Trenton, N.J. Capital Insurance has been in business since 1935 and specializes in personal insurance...
Markel Completes Alterra Acquisition
May 1 2013 // Markel Corp. said it has completed its acquisition of Alterra Capital Holdings Limited. The closing follows receipt of regulatory approvals and votes in favor of the transaction by the shareholders of the two companies in...
AXA to Buy 50% of China P&C Insurer Tian Ping for $631 Million
Apr 26 2013 // France’s AXA Group announced that it has entered into an agreement with Tian Ping Auto Insurance Company Limited shareholders to acquire 50 percent of the company. Under the terms of the agreement, and subject to...
AssuredPartners Acquires Buckley & Company in Kentucky
Apr 25 2013 // AssuredPartners Inc., through its Neace Lukens subsidiary, recently acquired Lexington, Ky.-based Buckley & Company insurance agency. The Buckley & Company office will merge with the existing Neace Lukens’...
Hilb Group Buys Virginia-Based Brokerage Engle, Paxson & Hawthorne
Apr 24 2013 // The Hilb Group announced last week the acquisition of Engle, Paxson & Hawthorne Insurance Services (EPH) of Leesburg, Va. The transaction was effective April 1, 2013. Founded over a century ago, EPH serves residents...
McGowan Acquires Ohio’s Governmental Underwriters of America
Apr 24 2013 // The McGowan Companies (McGowan), based in Fairview Park, Ohio, has purchased the assets of Governmental Underwriters of America Inc. (GUA). Effective immediately, GUA will begin operating under the newly formed McGowan...
Floridians Encouraged to Buy Flood Insurance Before Hurricane Season Gets Underway
Apr 23 2013 // Florida Insurance Commissioner Kevin McCarty is encouraging Floridians to make preparations now for the upcoming 2013 hurricane season by purchasing flood insurance. Flood insurance is administered through the National...
Ohio-based Zito Insurance Agency Partners with Keystone Insurers Group
Apr 22 2013 // Zito Insurance Agency, based in Mentor, Ohio, is partnering with insurance broker Keystone Insurers Group. Zito Insurance Agency wasfounded in 1963 by Eugene Zito and is an independent insurance agency offering an array of...
