Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Wells Fargo Looking to Buy Insurance Brokers: CEO
May 31 2012 // Wells Fargo & Co., which has been renewing its appetite for acquisitions lately, is interested in buying insurance sales businesses, its chief executive said on Thursday. “I love the insurance distribution...
Neace Lukens Acquires South Carolina Broker
May 31 2012 // Louisville, Kentucky-based Neace Lukens is continuing its expansion by acquiring the independent risk management and insurance broker, First Carolina Risk Management Advisors. The Charleston, S.C.-based First Carolina...
Willis Ireland Acquires Employee Benefits Firm, Attain Consulting
May 30 2012 // Willis Risk Services (Ireland) Limited confirmed its commitment to further developing its domestic employee benefits business by acquiring Attain Consulting and its sister company Trustee Principles. Terms of the deal were...
Personable Insurance Acquires Texas-Based Endeavor General Agency
May 29 2012 // Excellere Partners, a Denver-based private equity firm, announced that its subsidiary, Personable Insurance, has acquired Endeavor General Agency LLC, a Royce City, Texas-based non-standard personal automobile managing...
Arthur J. Gallagher Acquires Professional Claims Managers
May 23 2012 // Arthur J. Gallagher & Co. has acquired Professional Claims Managers Inc. in Dallas, Texas. Terms of the transaction were not disclosed. Formed in 1986, Professional Claims Managers (PCM) is a full service third party...
Nationwide Mutual Completes Harleysville Acquisition
May 21 2012 // Nationwide Mutual Insurance Co. has completed its previously announced $834 million merger deal with Harleysville Mutual Insurance Co. The deal was first announced in September 2011. Nationwide Mutual policyholders voted...
MetLife to Buy Georgia Golf Site
May 21 2012 // The posh golf community of Reynolds Plantation in Greensboro, Georgia is being bought by MetLife. The Atlanta Journal-Constitution reported that the agreement includes six golf courses, four marinas, nearly 5,000 acres of...
Brown & Brown Acquires Insurcorp Assets
May 17 2012 // Brown & Brown Insurance of Nevada Inc., a subsidiary of Brown & Brown Inc., has acquired certain assets of Insurcorp and Maalouf Benefit Resources, which recently combined under the name Insurcorp. Following the...
Oak Street Funding Expands Staff
May 15 2012 // Carmel, Ind.-based Oak Street Funding, a national commission-based lender for insurance agents, is expanding its loan origination, underwriting and loan servicing departments to fuel the company’s continued growth....
PGI Acquires N.Y.-Based Program Administrator American Altair Group
May 14 2012 // PGI Commercial, the U.S. program manager of Bermuda-based insurance distributor Primary Group, has acquired the assets American Altair Group. American Altair Group (AAG), based in Hauppauge, N.Y., is a full-service program...
MetLife to Buy Georgia Golf Community
May 11 2012 // An agreement has been announced for the sale of posh golf community Reynolds Plantation in Greensboro, Georgia. The Atlanta Journal-Constitution reported that New York-based insurance and financial services giant MetLife...
Brown & Brown Acquires Mass.-Based Richard W. Endlar Insurance Agency
May 10 2012 // Brown & Brown of Massachusetts LLC, a subsidiary of Brown & Brown Inc., said it acquired assets of Richard W. Endlar Insurance Agency Inc. in Dedham, Massachusetts. Founded in 1975, Richard W. Endlar Insurance...
USI Insurance Services Acquires Assets of National Insurance Specialists
May 10 2012 // USI Insurance Services announced it has closed on the acquisition of certain assets of Toledo, Ohio-based National Insurance Specialists (NIS). The acquisition is expected to contribute approximately $1.6 million in...
Vanliner Partners with Agents Association on Moving, Storage Agents Program
May 9 2012 // Vanliner Insurance Co., an insurer in the moving and storage industry, introduced a new affinity program developed for moving agents affiliated with the Allied Agents Association (AAA). The AAA program is Vanliner’s...
Hilltop Holdings, PlainsCapital Corp. Sign Merger Agreement
May 9 2012 // Hilltop Holdings Inc. a Dallas-based holding company that through a subsidiary provides fire and homeowners insurance to low value dwellings and manufactured homes, and Dallas-based PlainsCapital Corp., the financial...
Insurance Broker Confie Seguros Acquires 6 Agencies
May 9 2012 // Confie Seguros, a personal lines insurance brokerage network focused on Hispanic consumers, said it has completed the acquisition of six insurance agencies, further expanding its national insurance distribution. The...
A.J. Gallagher Acquires Majority Interest in UK’s Insurance Dialogue Limited
May 9 2012 // Arthur J. Gallagher & Co. announced that it has acquired a 78.5 percent interest in Insurance Dialogue Limited (IDL) of Bournemouth, England. Terms of the transaction were not disclosed. Gallagher explained that IDL,...
Oak Street Funding, OPTIS Partners Form Strategic Partnership
May 8 2012 // Oak Street Funding, headquartered in Carmel, Ind., announced a new strategic partnership with Chicago-based OPTIS Partners LLC. OPTIS Partners is a small group of insurance and finance professionals with extensive...
Neace Lukens Acquires Kentucky’s Morehead Insurance
May 7 2012 // Louisville, Kentucky-based Neace Lukens, an AssuredPartners, Inc. company, has completed the acquisition of Morehead Insurance, a Scottsville, Kentucky-based independent insurance agency. Located near Bowling Green,...
N.Y.-Based Alleghany Acquires Stake in Manufacturing Firm Bourn & Koch
May 4 2012 // New York-based global specialty insurer Alleghany Corporation said its investment management unit acquired a majority stake in manufacturing firm Bourn & Koch. Terms of the transaction were not disclosed. Alleghany,...
