Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
A.M. Best Gives Positive Rating for Doctors Co. Acquisition
Jul 14 2010 // A.M. Best Co. has commented that the financial strength rating of A- (Excellent) and issuer credit ratings of “a-” of Doctors Company Insurance Group (TDC) and its members, led by The Doctors Co., an...
Virginia Start-Up Hilb Group Acquires North Carolina, New York Agencies
Jul 14 2010 // The Hilb Group, a Virginia insurance brokerage launched in 2009 by the founder of what became one of the world’s largest brokerages along with his son, has added its first two partners as it begins building a...
RSI International Acquires Dallas-based Insurance Network Corp.
Jul 14 2010 // Texas-based RSI International Inc. has acquired Insurance Network Corp., a managing general agency based in Dallas, Texas. Established in 1996, Insurance Network Corp. specializes in securing property/casualty coverage for...
Hub International Acquires Business from Maple Leaf Insurance Agency
Jul 13 2010 // Chicago-based Hub International Ltd. announced that its Transportation Insurance operating unit has acquired the retail book of business from Maple Leaf Insurance Agency Inc., a Bremerton, Wash.-based brokerage firm that...
R.E. Chaix & Associates Acquires Whitcomb Insurance Services
Jul 12 2010 // R.E.Chaix & Associates Insurance Brokers Inc. of Irvine, Calif., has acquired Whitcomb Insurance Services. Located in Redondo Beach, Calif., the staff of Whitcomb Insurance Services is relocating to R.E. Chaix’s...
PartnerRe Names Clarke, Babcock, Pescoe to New Management Roles
Jul 12 2010 // PartnerRe Ltd. Has announced three executive management changes. Emmanuel Clarke will become CEO, PartnerRe Global effective September 1, 2010. Bill Babcock will become Executive Vice President, CFO, PartnerRe Ltd....
PartnerRe’s Exec. VP, CFO Benchimol to Step Down in December
Jul 12 2010 // Bermuda-bsed PartnerRe Ltd. announced that Executive Vice President and Chief Financial Officer Albert Benchimol will leave the Company, effective December 31, 2010. He has served as EVP & CFO since he joined PartnerRe...
Aon Buys HR Firm Hewitt
Jul 12 2010 // Aon Corp. has agreed to buy human resource consulting firm Hewitt Associates in a deal worth $4.9 billion. Aon intends to integrate Hewitt with its existing consulting and outsourcing operations, Aon Consulting, and...
Alliant Partners with Firm to Offer Self-Defense Policy to Retired Officers
Jul 9 2010 // Alliant Insurance Services has partnered with the firm LEOSA-HR218 Self-Defense Protection to provide retired federal, state, and local law enforcement officers with an insurance policy that provides legal defense coverage...
Bell-Anderson Agency Acquires Pacific Insurance
Jul 8 2010 // Kent, Wash.-based Bell-Anderson Agency Inc., a regional insurance brokerage, has acquired Pacific Insurance of Spokane, Washi. Terms of the deal were not disclosed. Jim Hunt, president and CEO, said, “the acquisition...
The Doctors Co. to Acquire American Physicians Capital
Jul 8 2010 // The Doctors Co., a national insurer of physician and surgeon medical liability, will acquire American Physicians Capital Inc. (APCapital), an East Lansing, Mich.-based provider of healthcare liability insurance, in a...
Connecticut to Buy Then Demolish Flood-Prone Properties in East Haven
Jul 7 2010 // The federal government has approved a grant of nearly $1.4 million for the state of Connecticut to buy and then demolish five flood-prone properties in East Haven. Demolishing the properties is intended to reduce or...
Brown & Brown Acquires Meridian Group of New York
Jul 6 2010 // Florida-based insurance agency Brown & Brown has acquired Meridian Group of New York, Inc. Meridian Group, with annual revenues of approximately $1.3 million, provides life, health, and other employee benefits products...
Brown & Brown Acquires Eberhart & Co. of Georgia
Jul 6 2010 // Florida-based agency Brown & Brown has acquired Eberhart & Company Insurors, Inc.of Roswell, Georgia. With revenues of approximately $1 million, Eberhart has served the insurance needs of individuals and businesses...
First Mercury Financial to Acquire Valiant Insurance Group
Jul 6 2010 // First Mercury Financial Corp., based in Southfield, Mich., reported that its principal insurance subsidiary, First Mercury Insurance Co., is acquiring Valiant Insurance Group Inc., a subsidiary of Ariel Holdings Ltd. The...
CMTA and CompWest Form Workers’ Compensation Partnership
Jul 2 2010 // The California Manufacturers and Technology Association (CMTA) and CompWest Insurance Company have formed a partnership to provide a group workers’ compensation program for California’s manufacturing sector....
Brown & Brown Acquires South Carolina’s Commonwealth Insurance
Jul 2 2010 // Insurance agency Brown & Brown Inc. has acquired Commonwealth Insurance Inc., of Charleston, South Carolina. Founded in 1996 by Todd R. Tyler, Commonwealth Insurance Group, with annual revenues of approximately $2.6...
Tower Completes Acquisition of OneBeacon’s Personal Lines Business
Jul 1 2010 // Tower Group Inc. has completed its acquisition of the personal lines business of OneBeacon Insurance Group for $167 million. The completed transaction includes the acquisition by Towers of Massachusetts Homeland Insurance...
National Interstate Completes Acquisition of Vanliner Insurance Co.
Jul 1 2010 // National Interstate Corp., based in Richfield, Ohio, announced that its principal insurance subsidiary, National Interstate Insurance Co., completed its previously announced acquisition of Vanliner Insurance Co. from...
Wells Fargo Insurance Services Acquires Kinney Agency
Jul 1 2010 // Wells Fargo Insurance Services USA Inc., part of Wells Fargo & Co., announced it has acquired Kinney Agency Inc., a single office, commercial insurance brokerage firm located in Albuquerque, N.M. The acquisition closed...
