Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Arthur J. Gallagher & Co. Acquires Tribeca Strategic Advisors
Dec 22 2010 // Itasca, Ill.-based Arthur J. Gallagher & Co.announced it has acquired Tribeca Strategic Advisors LLC located in Mesa, Ariz. Terms of this transaction were not disclosed. Established in 1999, Tribeca is an alternative...
Marsh Agency Buys Pennsylvania’s Trion
Dec 22 2010 // Marsh’s retail agency business has acquired Trion Group Inc., the largest privately held employee benefits specialist in the United States with $74 million in annual revenue. Terms of the deal were not...
Customer Acquisition 101: Grading Insurance Carriers
Dec 21 2010 // Internet leads have become an essential element of doing business for insurance companies in this day and age. However, despite working hard and spending considerable amounts of money on marketing to pull in these leads,...
Kentucky Builders, Insurer Partner in Workers’ Compensation Program
Dec 20 2010 // A builders’ association is teaming with Kentucky’s largest workers’ compensation insurer to offer a new workers’ compensation program to its members in Kentucky and southern Indiana. Kentucky...
Independent Agency Population Holds Steady as Start-Ups Keep Pace with Mergers
Dec 20 2010 // The total number of independent agencies in the country remains stable at around 37,500 as start-ups have kept pace with agency mergers and closings, according to a new study of agencies. There are today as many agencies...
Everest Re in Negotiations to Acquire Heartland Crop Insurance
Dec 17 2010 // The Bermuda-based Everest Re Group announced that it has entered into discussions with Heartland Crop Insurance, Inc. regarding a potential acquisition of the Kansas-based company by Everest Reinsurance Holdings, Inc. or...
Arthur J. Gallagher Buys Ohio Benefits Broker Herbruck, Alder
Dec 17 2010 // Illinois-based global insurance broker Arthur J. Gallagher & Co. reports it has acquired Herbruck, Alder & Co., an employee benefit brokerage located in Cleveland, Ohio. Terms of the transaction were not...
Arthur J. Gallagher Buys Wholesale Broker Continental, Marmorstein
Dec 17 2010 // Arthur J. Gallagher & Co. said it has acquired wholesale insurance broker Continental Excess & Surplus, Inc., trading as Continental/Marmorstein & Malone, located in Paramus, New Jersey and its affiliate, All...
Markel Acquires RD Holdings
Dec 16 2010 // Markel Ventures, the investment arm of Virginia-based specialty insurer Markel, has acquired a majority interest in RD Holdings, a private company headquartered in Virginia that provides retail intelligence services. Terms...
PartnerRe Ups New Zealand Quake Loss Estimates to $140-$160 Million
Dec 15 2010 // Bermuda-based PartnerRe Ltd. Has updated its loss estimate relating to the September 3, 2010 New Zealand earthquake. The Company said it “now expects its loss estimate for the New Zealand Earthquake to be in the...
LaBarre/Oksnee Insurance Acquires N.C. Dundas and Associates
Dec 15 2010 // Aliso Viejo, Calif.-based LaBarre/Oksnee Insurance has acquired the N.C. Dundas and Associates, a commercial insurance brokerage firm. The acquisition is part of LaBarre/Oksnee’s larger strategic expansion plans that...
Insurance Receivers, Asset Recovery Groups Partner on Credentials
Dec 14 2010 // Two insurance groups are joining to improve the skills of those helping troubled insurers recover assets and those going after people who defraud insurance companies. Members of the International Association of Insurance...
Merger, Acquisition Activity Heats Up
Dec 10 2010 // Merger and acquisition (M&A) activity between July and September was robust making the third quarter the most active with 61 deals versus 36 last year. Deal volume for the first nine months is up 28 percent from the...
R-T Specialty Acquires Oakbridge Insurance Services
Dec 10 2010 // The wholesale brokerage unit of Pat Ryan’s Ryan Specialty Group LLC, has acquired one of the nation’s largest executive and professional liability intermediary specialists. R-T Specialty LLC acquired...
PartnerRe Repurchases App. 1.7% of Common Shares Outstanding
Dec 9 2010 // Bermuda-based PartnerRe Ltd. announced the repurchase of 1,283,336 common shares in a privately negotiated transaction with an institutional shareholder. The shares, totaling approximately 1.7 percent of total common...
Brown & Brown Acquires Ladd’s Agency
Dec 9 2010 // Insurance broker Brown & Brown has acquired the assets of Ladd’s Agency, an Upstate New York-based insurance agency owned by Alliance Financial Corp. Ladd’s, with annual revenue of roughly $1.4 million, has...
Bankers Expect Tough Year Ahead for Insurance M&A Market
Dec 8 2010 // Investment bankers expect another tough year for insurance sector deals in 2011, although there is hope for the M&A market as insurers come under increasing pressure to show growth coming out of the financial...
Alliant Holdings Raising Capital for Acquisitions
Dec 8 2010 // Newport Beach, Calif.-based Alliant Holdings I Inc. has announced that it intends to raise $160 million principal amount of incremental senior secured term loans due August 2014. Proceeds of the Facility will be used to...
Donegal Group Inc. Acquires Michigan Insurance Co.
Dec 7 2010 // Donegal Group Inc. announced that it had completed the acquisition of Michigan Insurance Co., which was formerly a majority-owned subsidiary of West Bend Mutual Insurance Co. The final purchase price will be calculated...
Independent Agency Population Holds Steady as Start-Ups Keep Pace with Mergers
Dec 7 2010 // The total number of independent agencies in the country remains stable at around 37,500 as start-ups have kept pace with agency mergers and closings, according to a new study of agencies. There are today as many agencies...
