Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Aon Announces Leadership Team for Merger with Hewitt
Sep 13 2010 // Insurance broker Aon Corp. said it has finalized a five-year employment agreement with the head of Hewitt Associates, the benefits and human resources consulting giant it agreed to purchase earlier this year. Russell P....
PartnerRe to Repurchase Up To 7 Million Common Shares
Sep 9 2010 // PartnerRe Ltd. announced that its Board of Directors has approved a new share repurchase authorization up to a total of 7 million common shares, effective immediately. “This replaces the prior authorization of 8...
Ironshore Partners with Palmer & Cay on Timberlands Insurance Program
Sep 9 2010 // Ironshore Inc. has launched a Timberlands Insurance Program designed by Palmer & Cay, LLC for institutional timber tract owners and managers. Ironshore will underwrite a portfolio of policies created exclusively by...
AmWINS/Colemont Acquires So. Korea’s CMK Insurance Brokers
Sep 8 2010 // Colemont Global Group, the international division of wholesale insurance broker AmWINS Group, Inc., has acquired a majority share of CMK Insurance Brokers Company Limited. CMK Insurance Brokers will operate under the trade...
Hub Acquires Ontario Insurance Broker Sinclair Cockburn
Sep 8 2010 // Chicago-based insurance broker Hub International Limited has acquired the shares of Sinclair Cockburn Financial Group (SCFG), a Toronto, Ontario-based insurance and financial services firm with approximately $11 million in...
RLJ Companies Acquires Equity Stake in AV International
Sep 8 2010 // The RLJ Companies (RLJ) has entered into an equity arrangement with AV International LLC (AVI), a minority business insurance firm providing services for state government, municipal and corporate clients. The initial focus...
QBE Subsidiary Sterling National Corp. Acquires Seattle Specialty
Sep 3 2010 // QBE today announced that its subsidiary, Sterling National Corp., has acquired Seattle Specialty Insurance Services Inc. Terms of the purchase were not disclosed. Headquartered in Everett, Wash., Seattle Specialty...
South Carolina Forms Insurance Funding Program
Sep 3 2010 // South Carolina Insurance Director Scott Richardson, will introduce the new South Carolina Insurance Funding Program (SCIF) during the annual South Carolina Captive Insurance Association Conference, Sept. 13-15 in...
Arthur J. Gallagher Acquires Old Greenwich Consulting Group
Sep 3 2010 // Insurance broker Arthur J. Gallagher & Co. has acquired New York-based Old Greenwich Consulting Group for an undisclosed sum. Old Greenwich offers employee benefit consulting and brokerage services, including life...
Hub Acquires Nevada, Florida Agencies
Sep 2 2010 // Hub International Limited (Hub) has acquired two insurance agencies in the Nevada and Florida. Hub acquired the assets of McFadden Insurance Agency Inc. (McFadden), a Las Vegas–based firm. Terms of the acquisition...
Propel Insurance Acquires Cascade Risk Placement
Sep 2 2010 // Building on its history of providing coverage to builders and developers, independent insurance brokerage Propel Insurance announced it is expanding its real estate expertise by acquiring Cascade Risk Placement Inc. and...
Taiwan’s Fubon: ‘Would Consider’ AIG Taiwan Unit Acquisition
Sep 1 2010 // Taiwan financial holding firm Fubon Financial would consider buying American International Group Inc’s Taiwan insurance unit if it was put back on sale, Fubon’s president said on Wednesday. Speaking at an...
ProAssurance to Acquire American Physicians Service Group
Sep 1 2010 // ProAssurance Corp., headquartered in Birmingham, Ala., and Austin, Texas-based American Physicians Service Group Inc. (APS) announced that ProAssurance plans to acquire all the outstanding shares of APS in an all-cash...
U.S. Risk Acquires Workers’ Compensation Wholesaler Unisource
Aug 31 2010 // Specialty lines underwriting manager and wholesale broker U.S. Risk Insurance Group Inc. has taken over Florida-located Unisource Program Administrators, a wholesaler of workers’ compensation, for an undisclosed...
North Carolina’s AmWINS Sells Fresno Office
Aug 31 2010 // Charlotte, N.C.-based AmWINS Group, Inc. and Crouse and Associates Insurance Services are pleased to announce that they have reached an agreement for Crouse and Associates to acquire AmWINS’ Fresno office effective...
EagleBank Partners with The Meltzer Group
Aug 30 2010 // Maryland-based EagleBank has launched a referral program with Bethesada-based insurance agency The Meltzer Group. This program focuses on all major lines of insurance. “We’re very excited about this new...
Keystone Welcomes Palmer Miller Nelson as Ohio Partner
Aug 30 2010 // Palmer Miller Nelson Insurance Agency Inc. (PMN) of Columbus, Ohio, has become Keystone Insurers Group’s 24th franchise partner in Ohio. The new arrangement was announced jointly by PMN President Steven Miller and...
William Gallagher Associates Acquires Paradigm
Aug 26 2010 // Boston-based broker William Gallagher Associates has acquired Paradigm Associates, a health and welfare benefit plan consulting group headquartered in Braintree, Massachusetts. Paradigm Associates was founded in 1995 and...
M&A Wrap Up: Year-over-Year, M&A Activity Sustains a Moderate Pace
Aug 24 2010 // Insurance brokerage deals in the second quarter of 2010 barely bested the number of deals during the second quarter of 2009 bringing year-over-year activity slightly ahead of last. Forty-six transactions were announced...
PPIG Acquires Priority Insurance Underwriters
Aug 23 2010 // Pacific Pioneer Insurance Group, the parent company of UCA General Insurance and Pacific Excess Insurance, has acquired Priority Insurance Underwriters. Located in Arizona, PIU is a wholesale broker that does business...
