Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Southport Lane Acquires Dallas National Insurance Co.
Mar 13 2013 // Southport Lane, a New York-based private equity firm, completed its previously announced acquisition of Dallas National Insurance Co., a Texas-based property and casualty insurer specializing in general liability and...
American Resources Insurance Co. Expands Rockwood Partnership
Mar 12 2013 // American Resources Insurance Company (ARIC) has broadened its partnership arrangement with Rockwood Programs. The new relationship provides ARIC’s producer network with access to an array of management and...
Agency M&A Advisory Firm Sees ‘Lack of Quality Acquisition Opportunities’
Mar 12 2013 // A mergers and acquisitions advisory firm focusing on the insurance agency sector says it is hearing more this year about “a lack of quality acquisition opportunities,” which could lead to fewer deals this year...
South Carolina’s Top NFL Prospect Clowney Buys Insurance Policy
Mar 11 2013 // South Carolina All-American Jadeveon Clowney has purchased a $5 million insurance policy to protect himself financially for the 2013 season. Clowney said his family bought the policy earlier this year. The NCAA’s...
Agency M&A Landscape
Mar 11 2013 // Insurance Journal recently had a chance to chat with executives from MidCap Advisors, a New York-based mergers and acquisitions firm. The firm focuses on small- and mid-size brokers and agencies, offering advice on issues...
The Acquisition Cycle
Mar 11 2013 // Insurance agency mergers and acquisitions were up last year, at an all-time high in fact, according to the Chicago-based M&A advisory firm OPTIS Partners. A recent survey conducted by the financial services consulting...
Insurance Agency M&As Hit All-Time High in 2012: Survey
Mar 11 2013 // A survey of insurance agencies in the United States and Canada shows that agency mergers and acquisitions hit an all-time high in 2012, according to a Chicago-based M&A advisory firm. There were 291 reported agency...
Crawford & Co. to Acquire Majority of UK-based Lloyd Warwick International
Mar 8 2013 // Crawford & Co., the Atlanta-based independent provider of claims management solutions, has agreed to terms to acquire a majority interest in Lloyd Warwick International Limited (LWI). LWI is a specialist loss...
Bankers Insurance Group Acquires AIX Florida Policies
Mar 5 2013 // Bankers Insurance Group has reached an agreement with AIX Group to acquire its Florida policies as part of a strategy to increase Bankers’ presence in the state’s Latino community. Under the terms of the deal,...
Arthur J. Gallagher & Co. Acquires Metzler Bros. Insurance
Mar 5 2013 // Insurance broker Arthur J. Gallagher & Co. has acquired Metzler Bros. Insurance of Kansas City, Mo. Terms of the transaction were not disclosed. Founded in 1946, Metzler Bros. Insurance is a retail insurance broker...
Amlin to Acquire P&I MGA RaetsMarine
Mar 4 2013 // The UK’s Amlin plc announced it has entered into an agreement to acquire RaetsMarine, a managing general agent it said is ranked in the top three global providers of fixed premium marine liability protection and...
Genstar Capital Acquires Michigan’s Acrisure
Mar 1 2013 // San Francisco-based private equity firm Genstar Capital LLC has acquired Acrisure, a large retail insurance brokerage headquartered in Grand Rapids, Mich. Acrisure’s product lines include property and casualty,...
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...
