Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
USI Insurance Services Acquires 2 St. Louis, Missouri, Brokerages
Jan 16 2013 // Insurance Services (USI) has acquired Saint Louis, Mo.-based brokerages Welsch Flatness and Lutz Inc. (WFL) and Construction Insurance Partners (CIP). By combining the existing USI office in Saint Louis with WFL and CIP,...
Goldman Looks to Sell Major Stake in Reinsurance Group
Jan 16 2013 // In preparation for rules requiring the bank to hold more capital, Goldman Sachs Group is looking to sell a majority stake in its $1.4 billion reinsurance group, the firm’s incoming chief financial officer, Harvey...
Arthur J. Gallagher Acquires Argus Benefits in Atlanta
Jan 14 2013 // Itasca, Ill.-headquartered global insurance broker Arthur J. Gallagher & Co. has acquired Argus Benefits in Atlanta. Terms of the deal were not disclosed. Founded in 2001, Argus Benefits offers a wide range of...
Lake Norman Buys Aquesta Insurance’s Employee Benefits Unit in N.C.
Jan 14 2013 // Mooresville, N.C.-based Lake Norman Benefits has acquired the employee benefits practice unit from Aquesta Bank and its subsidiary Aquesta Insurance Agency Inc., based in Cornelius, N.C. Aquesta Insurance is an independent...
USI Insurance Services Buys Illinois-Based Pediatrics Insurance Consultants
Jan 10 2013 // USI Insurance Services LLC has acquired Pediatrics Insurance Consultants (PIC), based in Chicago, Ill. PIC is the insurance member benefits broker, marketer and administrator for the American Academy of Pediatrics (AAP)....
HUB International Acquires the Assets of Maritime Insurance Group
Jan 10 2013 // Hub International Limited (Hub) has acquired Maritime Insurance Group Inc. (Maritime) an insurance agency with its principal office located in Sheboygan, Wis. Terms of the acquisition were not disclosed. Maritime will...
HUB International Acquires Louisiana-Based Brokerage Benefit Concepts
Jan 9 2013 // Insurance broker Hub International Limited (Hub) has acquired the assets of Benefit Concepts Inc. (BCI), a Shreveport, La.-based employee benefits brokerage firm. Terms of the acquisition were not disclosed. BCI will...
Digital Insurance Acquires Missouri-based Health Star Consulting
Jan 9 2013 // Digital Insurance announced the acquisition of Health Star Consulting of Clayton, Mo. The benefits firm merged with the St. Louis office of Digital Benefit Advisors (DBA), a division of Digital Insurance. Health Star...
HIIG Energy, CAA Partner on Engineered Risk Energy Program
Jan 9 2013 // Combined Agents of America LLC (CAA) and HIIG Energy, a member of Houston International Insurance Group (HIIG), have teamed up to develop the CAA Engineered Risk Energy Program. The program is exclusive to CAA member...
Monster Insurance Acquires Renewal Rights for OneBeacon Energy Book
Jan 8 2013 // MarketScout, the national electronic insurance exchange and specialty MGA headquartered in Dallas, announced that MarketScout subsidiary, Monster Insurance, has entered into an agreement with OneBeacon Insurance Co. over...
Bolton & Co. Acquires Preferred Specialty in Southern California
Jan 8 2013 // Pasadena, Calif.-based Bolton & Co. acquired Preferred Specialty Insurance Services, an independent insurance agency providing insurance services in the San Gabriel Valley. As part of the transaction, effective Dec....
Marsh & McLennan Agency Acquires Michigan’s McGraw Wentworth
Jan 8 2013 // Marsh & McLennan Agency LLC (MMA), a subsidiary of Marsh Inc., has acquired McGraw Wentworth Inc., an employee group benefits consulting and brokerage firm based in Troy, Mich. Terms of the transaction were not...
Arthur J. Gallagher Acquires Insurance Risk Managers of Missouri
Jan 8 2013 // Arthur J. Gallagher & Co. has acquired Insurance Risk Managers of Missouri Inc. in St. Louis. Terms of the transaction were not disclosed. Founded in 1996, Insurance Risk Managers of Missouri (IRM) is a retail...
Russell Bond Buys Independent Garage and Towing Contractors Services in N.Y.
Jan 4 2013 // Buffalo, N.Y.-based insurance wholesaler Russell Bond & Co. Inc. recently acquired Independent Garage and Towing Contractors Services Inc. (IGTC), also of Buffalo. IGTC is a nationwide insurance purchasing group...
Arthur J. Gallagher & Co. Acquires Gardner & White in Indiana
Jan 4 2013 // Arthur J. Gallagher & Co. has acquired Gardner & White Corp. (Gardner & White) headquartered in Indianapolis, Ind. Terms of the transaction were not disclosed. Founded in 1965, Gardner & White provides...
Marsh & McLennan Agency Acquires Minnesota-Based Liscomb Hood Mason
Jan 4 2013 // Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Liscomb Hood Mason Co., a $2.2 million revenue agency based in Duluth, Minn. With roots dating back to 1927, Liscomb Hood...
EPIC Acquires Homeplace Insurance Brokers in Southern California
Jan 4 2013 // Edgewood Partners Insurance Center entered into an agreement to acquire Ontario, Calif.-based Homeplace Insurance Brokers Inc. The Ontario team will report to Dan Ryan, EPIC’s managing principal in Orange...
Hub International Acquires Oklahoma Independent Agency, CFR
Jan 3 2013 // Hub International Limited (Hub) has acquired CFR Inc. (CFR), a Tulsa, Okla.–based insurance brokerage firm. Terms of the acquisition were not disclosed. The operations will form a new regional Hub called Hub...
USI Acquires Wick Pilcher in Arizona
Jan 3 2013 // USI Insurance Services acquired Phoenix, Ariz.-based Wick Pilcher Insurance Inc. Terms of the deal were not disclosed. Wick Pilcher provides insurance programs for all facets of employee benefits, commercial and personal...
Fidelity National Financial Buys Health Insurance Broker Digital Insurance
Jan 3 2013 // Florida-based title insurer and financial services firm Fidelity National Financial Inc. has acquired Digital Insurance Inc., a health insurance distribution and benefits management firm for small and medium sized...
