Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Mapfre Says Turkey Key to Its Expansion; Acquires Motor Repair Firm
Oct 18 2012 // Turkey holds strategic significance for insurer Mapfre in its plans to expand into East Europe and the Middle East, the chairman of the company said in remarks in Istanbul. Antonio Huertas confirmed his company’s...
Arthur J. Gallagher & Co. Acquires Unison Inc.
Oct 12 2012 // Arthur J. Gallagher & Co. announced the acquisition of employee benefits insurance broker Unison Inc. in Minnetonka, Minn. Terms of the transaction were not disclosed. Founded in 1980, Unison offers a full range of...
Hastings Mutual Insurance Partners with National Farmers Union
Oct 11 2012 // Hastings Mutual Insurance Co., a regional property/casualty insurance carrier headquartered in Hastings, Mich., announced a new marketing partnership with National Farmers Union. Through this new partnership, Hastings...
Arthur J. Gallagher & Co. Acquires Coyle Insurance Agency
Oct 11 2012 // Arthur J. Gallagher & Co. has acquired Coyle Insurance Agency Inc., in Peoria, Ill.. Terms of the transaction were not disclosed. Founded in 1984, Coyle Insurance is a retail insurance broker providing...
Kaufman Financial Group Acquires Premium Insurance Auditor
Oct 9 2012 // The H.W. Kaufman Financial Group announced the acquisition of Mertens Enterprises Inc. (DBA Tracz & Associates), a provider of premium insurance audit services headquartered in Lockport, Ill. The transaction closed on...
Cameron, Louisiana Residents Urged to Buy Flood Insurance Now
Oct 9 2012 // Residents without flood insurance in Louisiana’s Cameron Parish should buy coverage before the new Federal Emergency Management Agency flood maps become effective Nov. 16 so they can get the best premiums, a FEMA...
Preferred Concepts Acquires Metro Insurance Services in New Jersey
Oct 8 2012 // Preferred Concepts LLC, a program underwriter and specialty insurance broker based in New York City, has entered into an agreement to acquire the assets of Metro Insurance Services in Springfield, N.J. Metro Insurance...
N.J. Brokerage Bollinger Acquires The Morville Agency
Oct 4 2012 // Short Hills, N.J.-based insurance brokerage Bollinger Inc. has acquired The Morville Agency of Newton, N.J. The Morville Agency specializes in insuring New Jersey public entities. The agency’s owner George Morville...
Equity Risk Partners Launches Defense, Government Contractor Practice Group
Oct 3 2012 // Equity Risk Partners, an insurance brokerage, employee benefits and risk management consulting firm, has launched a new practice group for defense, aerospace and government contractors. DefCon Risk Group will focus on...
Ryan Specialty Group Acquires Atlantic Star Intermediaries in New York
Oct 2 2012 // Chicago-based Ryan Specialty Group L.L.C. announced Monday that its wholesale arm R-T Specialty L.L.C. has acquired assets and operations of Atlantic Star Intermediaries L.L.C. Terms of the transaction were not...
MJ Insurance Acquires Indianapolis-Based Mead & Company
Oct 2 2012 // Property/casualty and employee benefits agency, MJ Insurance, has acquired Indianapolis-based Mead & Company. Terms of the deal between the two private firms were not disclosed. Mead & Company is a...
Lockton Dunning Benefits Acquires Excelsior Solutions
Oct 2 2012 // Lockton Dunning Benefits, a Dallas-based employee benefits consulting company, has acquired Excelsior Solutions, a pharmaceutical and healthcare consulting company headquartered in Minneapolis, Minn. The Excelsior...
Alteris Acquires Sonoma Risk, Contract Litigation Insurance Program
Oct 1 2012 // Alteris Inc., a wholly-owned subsidiary of Argo Group International Holdings, Ltd. has acquired Sonoma Risk Insurance Agency, a litigation products provider and the first agency in the U.S. providing contract litigation...
American Family Acquiring Permanent General, Lumbermens Casualty
Sep 27 2012 // American Family Insurance, based in Madison, Wis., is acquiring Nashville, Tenn.-based PGC Holdings Corp. and its subsidiaries, including non-standard auto insurers Permanent General and The General. The agreement was...
Prudential Close to Deal to Buy Hartford Life Insurance Unit: WSJ
Sep 27 2012 // Prudential Financial Inc. is close to a deal to acquire the individual life insurance business of Hartford Financial Services Group Inc, and a deal could be struck as soon as Thursday, the Wall Street Journal reported. The...
Ameriprise in Talks to Buy ING’s Asian Asset Management Arm – Report
Sep 27 2012 // Ameriprise Financial Inc is in advanced talks to buy most of ING Group’s asset management business in Asia, Bloomberg reported, citing two people with knowledge of the matter. The companies are still negotiating on...
USI Completes Acquisition of TD Bank’s U.S. Insurance Subsidiary
Sep 25 2012 // USI Insurance Services, a brokerage and financial service firm based in Briarcliff Manor, N.Y., said Monday it has completed the acquisition of TD Insurance Inc., a U.S. subsidiary of TD Bank, N.A. The transaction was...
M&A Inks Partnership Deal With Maestro Specialty in N.Y.
Sep 25 2012 // Merger & Acquisition Services Inc. (M&A), an investment, advisory and financial services firm to the re/insurance industry, announced a marketing partnership agreement with Maestro Specialty Corporation in New...
Catalina Acquires Runoff Vehicle KX Re from Tawa
Sep 24 2012 // Catalina Holdings (Bermuda) Ltd has announced that it has signed a definitive Share Purchase Agreement to acquire 100 percent of the shares in KX Reinsurance Company Limited, including KX Re’s wholly owned subsidiary...
Common Mistakes When Divorcing Spouses, Family and Business Partners
Sep 24 2012 // I have had considerable experience working with agency owners who were divorcing someone: a spouse, family member, business partner or sometimes a combination of all at the same time. These are always tough times for...
