Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Private Equity Firm Buys Confie Seguros from Genstar
Nov 19 2012 // Confie Seguros was acquired by Boston-based private equity firm ABRY Partners in a deal that closed on Nov. 9, which the rapidly expanding auto insurer focused on the U.S. Hispanic market says will help it grow to double...
CCRIF Partners with Seismic Research Center for Quake, Volcano Risk
Nov 13 2012 // The Caribbean Catastrophe Risk Insurance Facility (CCRIF) and the Seismic Research Centre (SRC) of The University of the West Indies have entered into a partnership to enhance the Accelerometric Network in the Eastern...
Risk Strategies Co. Acquires Mass.-Based D&D Insurance Agency
Nov 9 2012 // Risk Strategies Company (RSC), a national insurance brokerage based in Boston, recently acquired Burlington, Mass.-based D&D Insurance Agency, an independent personal and commercial lines agency. Terms of the deal...
ABRY Partners Acquires Majority Equity Interest in Confie Seguros
Nov 9 2012 // Confie Seguros was acquired by Boston-based private equity firm ABRY Partners in a deal that closed on Friday under which the rapidly expanding auto insurer focused on the U.S. Hispanic market says will help it grow to...
Marsh & McLennan Agency Acquires Protector Group in Massachusetts
Nov 8 2012 // Marsh & McLennan Agency LLC, a subsidiary of insurance broker Marsh Inc., acquired Worcester, Massachusetts-based The Protector Group Insurance Agency, one of the largest independent agencies in New England. Terms of...
RLI Acquires Houston’s Rockbridge Underwriting Agency
Nov 7 2012 // RLI Corp. announced it has acquired Rockbridge Underwriting Agency, a Houston-based managing general agency specializing in medical malpractice insurance. Led by founder and Chairman James R. Brooks, Rockbridge...
Hub International Acquires Assets of Raintree in Southern California
Nov 6 2012 // Hub International Ltd. acquired the assets of Raintree Insurance Agency Inc., a San Bernardino, Calif.-based insurance brokerage firm. Raintree will become part of the California operations of Hub International Insurance...
Marsh & McLennan Agency Acquires Howalt+McDowell Insurance
Nov 6 2012 // Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., announced it has acquired Howalt+McDowell Insurance Inc., the largest independent agency in South Dakota. Terms of the transaction were...
Risk Innovations to Acquire Work Comp Business of TAS Insurance Group
Nov 6 2012 // Atlanta, Ga.-based Risk Innovations LLC announced it will acquire the workers’ compensation book of business of TAS Insurance Group Inc., headquartered in Kansas City, Mo. The deal is scheduled to close effective...
IDP Holdings Acquires NSU’s Hospitality Program in Washington
Nov 6 2012 // IDP Holdings LLC acquired the hospitality business of National Specialty Underwriters Inc., a Bellevue, Wash.-based specialty commercial insurance program manager. As part of the transaction, IDP also purchased NSU’s...
CBIZ Buys Leavitt Pacific’s Employee Benefits in California
Nov 6 2012 // Cleveland, Ohio-based CBIZ Inc. has acquired the employee benefit division of Leavitt Pacific Insurance Brokers Inc. of Campbell, Calif. Leavitt Pacific Insurance provides employee benefits, retirement plan services, as...
Hub International Acquires Canada Broker Huestis Commercial Insurance
Nov 6 2012 // Chicago-based Hub International Limited announced that it has acquired the shares of Huestis Commercial Insurance Ltd. (HCIL), a Saint John, New Brunswick, Canada-based insurance brokerage firm. Terms of the acquisition...
RLI Acquires Medical Malpractice Underwriting Agency
Nov 5 2012 // RLI Corp. has acquired Rockbridge Underwriting Agency, a managing general agency specializing in medical malpractice insurance. Rockbridge Underwriting Agency is a Houston-based managing general agency specializing in...
Businesses Call for Controls on Litigation Funding Firms
Nov 5 2012 // A business lobby group wants the U.S. Congress to regulate companies that provide financing for commercial lawsuits, describing the practice as “coercive enterprise.” The U.S. Chamber of Commerce Institute for...
Arthur J. Gallagher & Co. Acquires Aires Consulting Group
Oct 30 2012 // Arthur J. Gallagher & Co. has acquired of Aires Consulting Group Inc., headquartered in Batavia, Ill. Terms of the transaction were not disclosed. Founded in 1985, Aires Consulting Group, Inc. (Aires) is a licensed...
The Doctors Co. to Acquire Utah Medical Insurance Association
Oct 30 2012 // Utah Medical Insurance Association, a provider of medical professional liability insurance for physicians, and The Doctors Co., an insurer of physician and surgeon medical professional liability, have entered into a merger...
Burnham Benefits Names Two Partners in Southern California
Oct 29 2012 // Irvine, Calif.-based Burnham Benefits Insurance Services named Melanie Thomas and Dan Excee as equity partners. For the past 13 years, Thomas has been a contributor to Burnham Benefits working with mid- and large-size...
Aon to Target Small Acquisitions in 2013
Oct 26 2012 // Aon Plc’s quarterly profit beat analysts’ estimates as investments aimed at increasing margins at its human resources services unit helped boost profit, and the company said it planned a series of small...
Businesses Call for Controls on Litigation Funding Firms
Oct 26 2012 // A business lobby group has called on the U.S. Congress to regulate companies that provide financing for commercial lawsuits, describing the practice as “coercive enterprise.” The U.S. Chamber of Commerce...
Insurance Software Firm Ebix Partners With E-Signature Provider Silanis
Oct 25 2012 // Atlanta-based insurance software and e-commerce platform supplier Ebix Inc. is partnering with electronic-signature services provider Silanis. Ebix Inc. said Silanis’ technology will now become the preferred...