Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
Aon Sub Acquires Israeli Broker Fredy & Ilan Beck
Aug 29 2006 // Aon Aminim, a unit of Aon International, headquartered in Tel Aviv, Israel, announced that it has acquired the business of Fredy & Ilan Beck Insurance Brokers in Haifa, Israel, subject to approval of the relevant...
CIGNA to Acquire Interest in Thai Charoen Insurance
Aug 28 2006 // CIGNA International announced from Bangkok that it will acquire an interest in Thai Charoen Insurance Public Company Limited (TCI), a member of the Thai Charoen Commercial Group, which provides non-life insurance products...
BB&T to Acquire Two Mellon-Owned Premium Finance Cos.
Aug 24 2006 // BB&T Corporation principal subsidiary Branch Banking and Trust Company has entered into a purchase agreement to buy insurance premium finance company AFCO Credit Corporation and its Canadian affiliate, CAFO Inc., from...
Southeast TPA David Morse Buys ISAC
Aug 22 2006 // David Morse & Associates, providers of third-party administrator services, field adjusting services, specialty claims services, and fraud investigations, has announced that Insurance Servicing & Adjusting Company...
Georgia’s Britt/Paulk Says It’s Looking to Acquire Brokers
Aug 22 2006 // Britt / Paulk Insurance Agency, Inc., a privately held program administrator in Carrollton, Georgia, , has announced plans for growth through acquisition. Britt / Paulk has engaged LMC Capital LLC, an insurance investment...
Crawford Acquires TPA Broadspire Services for $150M
Aug 22 2006 // Insurance claims management firm Crawford & Company and Platinum Equity have signed a deal under which Crawford will acquire Platinum’company Broadspire Services, a third-party administrator. Broadspire...
Gray-Stone & Co. Acquires Cascade General Agency/ Amstar E&S
Aug 22 2006 // Gray-Stone & Co, Thousand Oaks, Calif., has acquired the accounts of Cascade General Agency Inc./Amstar E&S in Moorpark, Calif. The Moorpark office has closed. A number of the former employees are now working at...
Brokers experience ‘exceptional’ second quarter; vigorous M&A activity
Aug 21 2006 // Stock Price Activity: Exceptional 2006 second quarter earnings reports had a positive impact on broker stock prices in July. Companies such as Brown & Brown (NYSE:BRO), Arthur J. Gallagher & Co. (NYSE:AJG), and...
Brokers experience ‘exceptional’ second quarter; vigorous M&A activity
Aug 21 2006 // Stock Price Activity: Exceptional 2006 second quarter earnings reports had a positive impact on broker stock prices in July. Companies such as Brown & Brown (NYSE:BRO), Arthur J. Gallagher & Co. (NYSE:AJG), and...
Chicago Fort Dearborn Life Acquires HM Life Insurance Company
Aug 17 2006 // Chicago-based Fort Dearborn Life Insurance Co., a subsidiary of Health Care Service Corp. (HCSC), a Mutual Legal Reserve Company, has completed the acquisition of the life and disability business of HM Life Insurance...
ISO Acquires Xactware
Aug 14 2006 // ISO has acquired the assets of Xactware, Inc., a provider of estimation software and services for the property insurance, remodeling and restoration industries. Terms were not disclosed. The privately held company and its...
