Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Brown & Brown Grows Wholesale: Hull Buys DVUA; PRU Acquires Apex
Oct 1 2006 // Continuing in its acquisitions mode, insurance agency Brown & Brown Inc., through its subsidiaries Hull & Co. Inc., and Program Management Services Inc., has acquired the assets of a key wholesaler located in the...
Benfield Acquires Norway’s Parisco AS, Parisco Marine AS
Sep 29 2006 // The Benfield group, a leading independent reinsurance and risk intermediary, announced that it has acquired the entire issued share capital of Parisco AS and its subsidiary Parisco Marine AS, the Norwegian marine and...
U.S. Denies Funding for Burlington, Vt. Lead Abatement Program
Sep 29 2006 // A city lead abatement program that has been recognized nationally might have to shut down because the U.S. Department of Housing and Urban Development has denied a request for a $3 million grant. “We were very...
Funding for Building Code Implementation Passes Legislative Hurdle in La.
Sep 29 2006 // The hurricane recovery effort in Louisiana received a much needed financial boost recently from the state as it continues implementing the statewide building code, the American Insurance Association reported. A legislative...
R&SA Sells U.S. Business to Arrowpoint Capital; Terminates Stock Listing
Sep 28 2006 // The U.K.-based Royal & Sun Alliance Insurance Group plc (R&SA) announced the sale of its US operation to Arrowpoint Capital, a vehicle set up by the current R&SA US management team. The Company also said it...
Fla.’s Gallo Agency Acquires Cove Agency Accounts
Sep 27 2006 // Gallo Insurance Agency, an Empire Insurance Holdings, LLC company in West Palm Beach, Fla., has acquired the individual policy business of Cove Insurance Agency in Palm Beach Gardens, Fla. This acquisition strengthens...
USI Buys Home Buyer Accounts from Universal American Agency
Sep 27 2006 // USI Holdings Corp. has acquired a book of business from Universal American Insurance Agency, Inc., which sells personal property and casualty coverages to home buying customers of one of the nation’s leading home...
Arthur J. Gallagher Acquires Mich. Rains Group, Inc.
Sep 26 2006 // Itasca, Ill.-based Arthur J. Gallagher & Co. today announced the acquisition of The Rains Group, Inc. of Bingham Farms, Mich. Terms of the transaction were not disclosed. Founded in 1996, The Rains Group offers a full...
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...
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...
