Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Brown & Brown Acquires Assets of Moten Associates in Pennsylvania
Apr 20 2012 // Brown & Brown of Pennsylvania Inc., a subsidiary of Brown & Brown Inc., said it acquired assets of Moten Associates, an independent agency in Norristown, Penn. Founded in 1970, Moten Associates offers surety...
Texas Insurance Council Scholarship Funding Tops $500K
Apr 19 2012 // With its latest round of scholarships, the Insurance Council of Texas’ (ICT) annual funding for students enrolled in insurance and risk management classes in Texas universities has topped the half million dollar...
N.Y.-Based USI Buys Assets of Compass Insurance, Expands in Southwest
Apr 19 2012 // USI Insurance Services, an insurance brokerage firm headquartered in Briarcliff Manor, N.Y., acquired certain assets of BBVA Compass Insurance Agency, a unit of BBVA Compass, a financial holding company headquartered in...
Swiss Re Expands Foreign Coverages Through New Partnership
Apr 19 2012 // As part of its expansion into direct-selling insurance to the global company marketplace, Swiss Re has partnered with Royal Sun Alliance (RSA) to offer single carrier property insurance to mid and upper-middle size U.S....
Wholesale Broker AmWINS Agrees to $1.3 Billion Recapitalization with New Mountain
Apr 17 2012 // Wholesale insurance broker AmWINS Group Inc. announced today that its management and employee shareholders have agreed on a $1.3 billion recapitalization with private equity firm New Mountain Capital of New York. Other...
Fireman’s Fund Partners with Allianz to Expand Entertainment into Canada
Apr 12 2012 // Novato, Calif.-based Fireman’s Fund Insurance Co. in partnership with Allianz Global Corporate & Specialty have created an experienced underwriting team to further expand its entertainment division and...
NFP Property and Casualty Services Acquires Illinois’ Ameribonds Surety
Apr 11 2012 // National Financial Partners Corp. subsidiary, NFP Property and Casualty Services Inc. (NFP P&C), acquired Illinois-based Ameribonds Surety & Insurance Services (Ameribonds Surety), effective April 2, 2012, the...
Arthur J. Gallagher Acquires Louisiana’s Besselman & Little Agency
Apr 11 2012 // Arthur J. Gallagher & Co. has acquired Besselman & Little Agency of Baton Rouge, La. Terms of the transaction were not disclosed. Founded in 1986, Besselman & Little Agency offers a wide range of employee...
Arch Capital Completes Acquisition of Ariel Re’s Credit & Surety Reinsurance
Apr 11 2012 // The Bermuda-based Arch Capital Group announced that it has officially acquired Ariel Re’s Credit & Surety reinsurance operations based in Zurich, as previously announced. The closing occurred at the same time as...
Goldman Sachs Completes Acquisition of Ariel Re’s Bermuda Operations
Apr 11 2012 // The Goldman Sachs Group and Ariel Holdings Ltd announced that Ariel Holdings has completed the sale of Ariel Reinsurance’s Bermuda-based insurance and reinsurance operations to Goldman Sachs, pursuant to the...
J.M. Wilson Partners with The Iroquois Group
Apr 10 2012 // Portage, Mich.-based managing general agency, J.M. Wilson, has entered into a partnership with The Iroquois Group. J.M. Wilson and the retail agency network will collaborate to help their shared agencies gain access to a...
Worldwide Facilities Acquires N.Y.-based Wholesaler Privett
Apr 10 2012 // Worldwide Facilities, a Los Angeles-based independent surplus-lines broker and managing general agency, acquired assets of Privett Special Risk Services, a New York City-based wholesaler. Privett Special Risk Services was...
CRC’s CEO Hopes to Create ‘Best of the Best’ With Crump Merger
Apr 9 2012 // The recent acquisition of Roseland, N.J.-based insurance wholesaler Crump Group by BB&T Corp., a major regional bank and insurance broker based in Winston-Salem, N.C., created one of the largest providers of wholesale...
Mayer Brown Adds Woods As Partner And Global Co-Leader
Apr 9 2012 // Global law firm Mayer Brown named veteran insurance regulatory advisor James R. Woods as a partner and a co-leader of the global Insurance Industry Group. Also a member of Mayer Brown’s corporate and securities...
IAG Malaysia Partner Gets Regulatory Approval for Kurnia Insurans Deal
Apr 6 2012 // The Insurance Australia Group Limited (IAG) announced that its 49 percent-owned Malaysian associate, AmG Insurance Berhad, has received regulatory approval for a possible acquisition of Kurnia Insurans (Malaysia) Berhad,...
Workers’ Comp Insurer BrickStreet Acquires PennCommonwealth
Apr 5 2012 // Workers’ compensation insurance provider BrickStreet Insurance has acquired a Pennsylvania workers’ compensation company. Charleston, W.Va.-based BrickStreet announced its acquisition of Canonsburg, Penn.-based...
Brown & Brown of California Acquires D. Bezona & Company Assets
Apr 3 2012 // Orange, Calif.-based Brown & Brown Insurance Services of California Inc. acquired substantially all of the assets of D. Bezona & Company Insurance Services Inc. in Santa Rosa. Brown & Brown Insurance Services...
Ryan Specialty Group to Acquire WKFC Underwriting Managers in New York
Apr 3 2012 // Chicago-based Ryan Specialty Group said its subsidiary RSG Underwriting Managers is acquiring WKFC Underwriting Managers in New York. Terms of the transaction were not disclosed.Ryan Specialty Group CEO Patrick G....
BB&T Completes $570M Acquisition of Crump Insurance Units
Apr 3 2012 // BB&T Corp., a major regional bank and insurance broker based in Winston-Salem, N.C., said it completed the previously announced acquisition of insurance businesses from Roseland, N.J.- based insurance wholesaler Crump...
North Carolina’s Red Ventures Buys HomeInsurance.com
Apr 3 2012 // Charlotte, North Carolina-based technology firm Red Ventures has acquired the online homeowners insurance site, HomeInsurance.com. HomeInsurance.com, based in Wilmington, N.C., offers competitive quotes on home insurance...
