Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
Brown & Brown Acquires Two New Jersey Underwriting Units
Mar 19 2010 // Brown & Brown Inc. will acquire New Jersey-based Excel Underwriters Alliance Inc. and Spirit Underwriters Inc., the Florid-based brokerage announced. Terms of the transaction were not disclosed. Excel and Spirit offer...
Arthur J. Gallagher Acquires California’s Winn & Co. Insurance Brokers
Mar 18 2010 // Arthur J. Gallagher & Co. has acquired Winn & Company Insurance Brokers Inc. in Hollister, Calif. Terms of the transaction were not disclosed. Established in 1910, Winn & Company is a retail insurance broker...
Marsh McLennan Agency Acquires Virginia’s Rutherfoord Agency
Mar 17 2010 // In a move that accelerates its national growth, Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Thomas Rutherfoord, Inc., the country’s 14th largest privately-held...
Higginbotham and EnRisk Services Partner to Serve Texas Energy Industry
Mar 16 2010 // Independent insurance and financial services brokerage firm, Higginbotham & Associates, has engaged EnRisk Services, an insurance broker and risk manager for the energy industry, to supplement its existing Energy...
PartnerRe Prices $500 Million Sr. Notes: S&P Assigns ‘A’ Rating
Mar 15 2010 // Bermuda-based PartnerRe Ltd. announced that it has priced, through its indirectly wholly-owned subsidiary PartnerRe Finance B LLC, $500 million of 10-year fixed rate 5.50 percent Senior Notes, pursuant to its currently...
As Weather Warms, Property Owners Urged to Buy Flood Insurance
Mar 12 2010 // Having flood insurance will be increasingly important this year as spring rain combines in many parts of the U.S. with the melting of record snowfall, according to the Insurance Information Institute. “Many states on...
USI Holdings Acquires Business from Seattle Broker RA Bench
Mar 12 2010 // USI Holdings Corp. has reported the closing of the acquisition of the insurance and financial services business of RA Bench, a Seattle, Washington, based wealth management, executive and group employee benefit insurance...
Markel, Towing Contractors Renew Insurance Partnership
Mar 11 2010 // Markel has renewed its partnership with the Independent Garage & Towing Contractors, Inc. (IGTC) to administer a tailored insurance program for tow truck companies and to work with local agents to arrange an insurance...
