Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
The best merger mentality: Conservative and calculating
Sep 25 2006 // An agency owner who believes that a merger or acquisition is all about the money may leave a lot more on the table than a premium price. They may be putting the future of their agency in jeopardy. M&A is actually more...
St. Paul Travelers Denies Zurich Merger Talks…Again
Sep 21 2006 // The St. Paul Travelers Companies, Inc. reaffirmed today that media reports of it being in discussions regarding the possibility of a merger with Zurich Financial Services Group are not true. While the company also...
Kelley Blue Book’s Kbb.com Partners with InsWeb
Sep 20 2006 // Irvine, Calif.-based Kelley Blue Book and kbb.com, which provides new and used vehicle information, today has entered into a partnership with InsWeb, an online insurance marketplace. The new deal makes InsWeb the exclusive...
PartnerRe to Publish ‘Loss Development Triangles’- Conference Call Details
Sep 20 2006 // Bermuda’s PartnerRe Ltd. will publish the Company’s Loss Development Triangles shortly after 4 p.m. EDT today, September 20, 2006. “A copy of these documents will be available on the Company’s...
Willis Sells London HQ
Sep 19 2006 // Willis Group Holdings, Ltd. has sold its present London headquarters at Ten Trinity Square in the heart of EC3, London’s financial center, to the American retail, hotel and leisure development firm Thomas...
Quanta Sells Environmental Business to WSP Group
Sep 19 2006 // Quanta Capital Holdings Ltd. announced that it has completed the sale of Environmental Strategies Consulting LLC (ESC) to WSP Environmental Holdings, Inc., a division of the U.K.-based management and consulting firm WSP...
Appalachian Underwriters Acquires CRC Workers Comp Unit
Sep 18 2006 // Appalachian Underwriters Inc. said it has purchased CRC Insurance Service’s guaranteed cost workers compensation program. The program mirrors that of Appalachian’s existing state and carrier footprint very...
CRM Holdings to Acquire Embarcadero Insurance
Sep 11 2006 // CRM Holdings Ltd., a provider of fee-based management services and reinsurance to self-insured workers’ compensation groups, announced that it has signed a stock purchase agreement to acquire privately-held...
Ohio Oswald Companies Partners with Wellness Coaches USA
Sep 8 2006 // Oswald Companies announced this week that it will offer employers an on-site wellness coaching service through an exclusive partnership with Wellness Coaches USA. This service provides face-to-face, personalized support to...
U.S., Swiss and EC Approve AXA’s Acquisition of Winterthur; Executive Appointments
Sep 8 2006 // France’s AXA Group has received approvals from U.S., Swiss and the European Commission antitrust authorities for its CHF12.3 billion ($9.89 billion) agreement to acquire Winterthur Swiss Insurance Co. from Credit...
PartnerRe Re-Appoints Stanca to Board
Sep 8 2006 // Bermuda-based PartnerRe Ltd. announced that, effective today, Lucio Stanca has been appointed to its Board of Directors. He had previously served on PartnerRe’s Board from May 1998 until January 2005, and now rejoins...
Minn. Old Republic Acquires Troon Management Corp, Sentry
Sep 8 2006 // Rande Yeager, president and CEO of Old Republic National Title Insurance Company, headquartered in Minneapolis, Minn., has announced the acquisition by Old Republic National Title Holding Company of Troon Management Corp....
BISYS Acquires JCH Insurance Brokers
Sep 8 2006 // BISYS Commercial Insurance Services, a provider of commercial property and casualty insurance solutions, today announced its acquisition of JCH Environmental Insurance Brokers, the environmental practice of JCH Insurance...
Alliant Buys U.S. Retail Business of Jardine Lloyd Thompson
Sep 8 2006 // Jardine Lloyd Thompson Group plc (JLT) said it has sold its U,S. based property and casualty insurance and employee benefits businesses to California-based Alliant Insurance Services, Inc. “The sale of the retail...
XL in Joint Venture with Brazil’s ITAU
Sep 5 2006 // Bermuda’s XL Capital Ltd. and Banco Itaú Holding Financeira S.A. (ITAÚ) have entered a definitive agreement to form a joint venture insurance company in Brazil. “The announcement follows news on January 30...
Wyoming Buys Vaccines for Children
Sep 5 2006 // A program under which Wyoming pays for child vaccines went into effect Friday. “This is an excellent investment in the health of Wyoming’s children,” state health officer Dr. Brent Sherard said in a...
USI Holdings Buys Leader Associates and Emerson Reid, N.Y.-N.J. Agencies
Sep 5 2006 // USI Holdings Corporation has acquired Melville, N.Y.-based Leader Associates. The acquisition is expected to contribute approximately $9 million in revenue to USI on an annual basis. Terms of the transaction were not...
Allianz Sells Four Season Healthcare for $2.67 Billion
Sep 1 2006 // Allianz Capital Partners GmbH (ACP), an investment unit of German insurer Allianz AG, has agreed to sell Four Seasons Healthcare, a leading U.K. provider of services for older people and specialized care services for...
The Hanover Partners With LoJack to Curb Construction Equipment Losses
Aug 30 2006 // The soaring resale value of construction equipment has resulted in an increasing number of thefts, putting business owners at risk more and more. With that in mind, The Hanover Insurance Group, Inc. has entered into a...
Safeco Sells U-District Complex to University of Washington
Aug 30 2006 // Seattle-based Safeco has announced the sale of its headquarters complex in Seattle’s University District to the University of Washington for $130 million. The sale follows Safeco’s previously announced strategy...