Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
AmWINS CEO DeCarlo on Colemont Merger, Texas and Going Global
Apr 14 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...
Starr Aviation Acquires International Aerospace Insurance of California
Apr 12 2010 // Starr Aviation Agency, Inc. a subsidiary of C.V. Starr & Co. Inc., has acquired International Aerospace Insurance Services Inc. of Santa Barbara, Calif. The acquisition of Inter-Aero expands Starr Aviation’s...
Pecina and Sandusky Become Partners at McQueary Henry Bowles Troy
Apr 8 2010 // McQueary Henry Bowles Troy LLP (MHBT) recently named Fred Pecina and Jeremy Sandusky as partners in the agency. Pecina is based in the firm’s Fort Worth office and Sandusky works in the firm’s Dallas...
Insurance Mergers Dropped in 2009, Reports Conning
Apr 8 2010 // The U.S. saw a significant decline in the reported value of insurance industry mergers and acquisitions (M&A) transactions in 2009, and overall global transaction values also declined further from very low 2008 levels,...
IronPro, JLT Partner to Provide Liability for Small to Mid-Size Law Firms
Apr 6 2010 // IronPro, the professional liability division of Ironshore Inc., has entered into a joint relationship with Jardine Lloyd Thompson (JLT) Facilities, Inc. to offer lawyers professional liability (LPL) insurance....
MarketScout’s New Wholesaler Aims to Be ‘Full Service Partner’ to Agents
Apr 5 2010 // Online marketplace MarketScout and Glenn Hargrove, former CEO of Crump, Inc., have teamed up to launch MarketScout Wholesale (MSW), which will combine wholesale brokerage and managing general agency (MGA) services with new...
Nebraska Insurance Agencies Merge as a Result of Bank Acquisition
Apr 5 2010 // Nebraska-based Harvard State Insurance Agency will merge into Cornerstone Insurance Group as a result of Cornerstone Bank’s acquisition of Harvard State Bank. Cornerstone president and chief executive Kelly Holthus...
Oregon’s Clackamas Insurance Acquires Premier Insurance
Apr 5 2010 // Clackamas Insurance, which has offices in Clackamas and Sandy, Ore., has purchased Premier Insurance. According to W. Mike Moll, Clackamas president, all but one of Premier’s employees, and all the independent...
D&O Coverage as a Partner in Crime (and Fidelity)
Apr 5 2010 // While high-profile crimes like Bernie Madoff’s $65 billion Ponzi scheme generate headlines, employees at companies across the county are committing smaller, low profile crimes every day. Many employee theft schemes...
Victor O. Schinnerer Acquires HSBC Insurance’s Energy Brokerage
Apr 1 2010 // Victor O. Schinnerer & Company, Inc. has acquired HSBC Insurance Services (USA) Inc., the energy insurance brokerage of HSBC Insurance. Effective April 1, 2010, the acquisition adds energy companies, utility companies...
Bollinger Acquires John J. Slattery Associates
Apr 1 2010 // New Jersey-based insurance brokerage Bollinger has acquired John J. Slattery Associates Inc., a provider employee benefit and individual medical products and services to independent brokers throughout the tri-state...
Marsh Completes Acquisition of HSBC Insurance Brokers
Apr 1 2010 // Marsh announced that it has completed its previously agreed acquisition of HSBC Insurance Brokers Limited (HIBL), a wholly owned subsidiary of HSBC Bank plc, in the UK and other key markets in Asia and the Middle East. The...
Farmers Insurance Partners With Red Cross on Disaster Assistance
Apr 1 2010 // Los Angeles-based Farmers Insurance Group of Companies announced a new partnership with the American Red Cross. Called “Ready When the Time Comes,” this is a program which prepares volunteers to assist during...
Utica Mutual Acquiring Founders Insurance Co.
Mar 31 2010 // New York-based Utica Mutual Insurance Co. will acquire Founders Insurance Co. of Des Plains, Ill. for an undisclosed sum. Founders has annual premium of approximately $115 million in 47 states and the District of Columbia....
The Hanover Expands Management Liability in West; Partners with Law Firm
Mar 31 2010 // The Hanover Insurance Group Inc. is expanding the services it provides within its management liability practice. The new services include a partnership with Jackson Lewis, an employment practices and labor relations firm,...
Equity Risk Partners Names Rayha-Teegarden Director of Marketing-P/C
Mar 31 2010 // Equity Risk Partners (ERP), an insurance brokerage and consulting firm focused on the needs of the private equity industry, has announced the addition of Rhonda Rayha-Teegarden as director of marketing – Property...
Arthur J. Gallagher to Acquire Lloyd’s Broker FirstCity Partnership
Mar 29 2010 // Illinois-based Arthur J. Gallagher & Co. has agreed to acquire substantially all of the insurance brokerage business of FirstCity Partnership Ltd. of London, England. The transaction is expected to close in April 2010....
Riley Promoted to Acquisitions Chief at Brown & Brown
Mar 25 2010 // Thomas E. Riley has been promoted to chief acquisitions officer for Brown & Brown Inc. and will assume responsibility for mergers and acquisitions activity of the company and its subsidiaries, and for the supervision...
21st Century Holding to Buy Florida’s HomeWise Insurance
Mar 23 2010 // 21st Century Holding Co. has agreed to acquire HomeWise Insurance Co. and HomeWise Management Co. from HomeWise Holdings Inc. The agreement also includes renewal rights to certain insurance policies from HomeWise Preferred...
Aon Consulting to Acquire J.P. Morgan Benefit Actuarial Services
Mar 19 2010 // Aon Consulting, the benefits consulting business of Aon Corp., has agreed to acquire J.P. Morgan Compensation and Benefit Strategies, a division of J.P. Morgan Retirement Plan Services, LLC. J.P. Morgan Compensation and...
