Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Crump Buys Workers’ Compensation Self-Insurance Firm SFA
May 16 2011 // Wholesaler broker Crump Insurance Services Inc. has acquired Self Funded Alternatives, an insurance intermediary specializing in self-insured workers’ compensation programs. SFA is based in Langhorne, Penn. and has...
A. J. Gallagher Acquires UK Broker Heath Lambert for $158 Million
May 13 2011 // Arthur J. Gallagher & Co. (AJG), has completed the purchase of HLG Holdings Ltd (the Heath Lambert Group), for a net purchase price of £97 million ($158 million). Heath Lambert is headquartered in London and has 16...
American Westbrook Insurance Acquires The American Worker Plans
May 12 2011 // Westchester, Ill.-based American Westbrook Insurance Services LLC, a subsidiary of Hendricks Holding Co. Inc., acquired The American Worker Plans Inc. effective April 1, 2011. The move expanded the services available...
Catalina Completes Acquisition of Glacier Re
May 12 2011 // Catalina Holdings (Bermuda) Ltd. announced that, following consent from FINMA, the Swiss Financial Markets Supervisory Authority, it has completed the acquisition of Glacier Reinsurance AG, the Swiss-based reinsurance...
Virginia Farm Bureau Acquires Countryway
May 11 2011 // Virginia Farm Bureau Mutual Insurance Co. has acquired New York-based Countryway Insurance Co. Countryway has premiums in excess of $33 million and operates primarily in rural New England, New York, New Jersey,...
Arthur J. Gallagher Acquires Oklahoma’s Meyers-Reynolds & Associates
May 10 2011 // Arthur J. Gallagher & Co. announced it has acquired Meyers-Reynolds & Associates Inc., a retail insurance broker headquartered in Oklahoma City, Okla. Terms of the transaction were not disclosed. Formed in 1985,...
Florida’s Acentria Acquires Stant Agency
May 10 2011 // Destin, Fla.-based Acentria reported it has acquired The Stant Agency. The office will remain in Crestview, Fla. Wes Stant, commercial lines agent, and Martha Stant, personal lines service representative, are joining the...
Brown & Brown Subsidiary Apex Insurance Acquires Global Intermediaries
May 9 2011 // Apex Insurance Agency Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Global Intermediaries of Eugene LLC, d/b/a Global Intermediaries in Eugene, Ore. With annualized revenues...
Hub International Acquires Two Agencies
May 9 2011 // Hub International Limited has acquired the assets of Lawson-Hawks Insurance Agency Inc. (LHI), a Mountain View, Calif.-based insurance brokerage firm, and Mark Tauber Insurance Brokerage Inc., a Brooklyn, New York-based...
Insuring the Children Grant Provides Funding for Southern California Day Camp
May 9 2011 // Insuring the Children (ITC), a program of the Insurance Industry Charitable Foundation (IICF), has awarded a special grant to the Children’s Bureau, meeting funding needs for Oak View Summer Day Camp, held at the Oak...
Mercury Insurance Partners With Dodgers for Fifth Year
May 3 2011 // When it comes to reaching potential customers, Mercury Insurance is confident the Dodgers will help them score more business. That’s why the Los Angeles-based company, which specializes in personal auto and...
First Quarter Earnings Report: PartnerRe
May 3 2011 //
Frost Insurance Acquires Clark Benefit Group in San Antonio
May 2 2011 // Frost Insurance Agency Inc., the insurance subsidiary of Frost, has acquired Clark Benefit Group, an independent San Antonio-based insurance agency that specializes in providing employee benefits to small and mid-size...
Never Have More Partners Than Fit in an Elevator
May 2 2011 // Never have more partners than you can fit in an elevator. That seems like a joke, but it’s serious advice when starting a business. Having too many partners creates conflicts. Even the most bonded of partnerships...
Anonymous Donor Buys Insurance for Oklahoma Kangaroo
May 2 2011 // An anonymous donor has purchased a $50,000 insurance policy to help an Oklahoma woman keep her pet kangaroo as a therapy pet. The Broken Arrow City Council is considering an exotic animal ordinance exemption that would...
Markel Programs, Burns & Wilcox Partner to Offer Real Estate E&O Program
Apr 28 2011 // Markel has partnered with Burns & Wilcox to offer a Real Estate Errors & Omissions program to a range of residential and commercial real estate industry accounts. This Markel Programs/Burns & Wilcox product...
Strate Insurance Becomes Keystone Insurer Partner in Tennessee
Apr 27 2011 // Strate Insurance Group Inc. of Morristown has become Keystone Insurers Group’s sixth franchise partner in Tennessee. Strate Insurance Group President Tom Strate and Keystone Tennessee Vice President Doug Dukes...
SCOR to Buy Aegon’s Transamerica Reinsurance Unit for $913 Million
Apr 26 2011 // French reinsurer SCOR is set to pay $913 million for most of Dutch insurer Aegon’s Transamerica Reinsurance operations. When concluded, the combined companies would become the second largest life reinsurer in the...
Anonymous Donor Buys Insurance for Oklahoma Kangaroo
Apr 25 2011 // An anonymous donor has purchased a $50,000 insurance policy to help an Oklahoma woman keep her pet kangaroo as a therapy pet. The Broken Arrow City Council is considering an exotic animal ordinance exemption that would...
Lloyd’s Insurer Chaucer Endorses The Hanover’s Takeover Bid
Apr 20 2011 // Lloyd’s insurer Chaucer plc has issued a statement endorsing the terms of a recommended cash acquisition of the entire issued and to be issued ordinary share capital of Chaucer by 440 Tessera Limited (BidCo), a...
