Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Arrowhead Announces Recapitalization with Spectrum Equity Investors & Arrowhead Senior Management
Aug 11 2006 // San Diego, CA – San Diego-based Arrowhead General Insurance Agency, Inc., one of the nation’s largest privately held general insurance agencies, and its wholly owned subsidiaries, including Cypress Point...
Oak Street Funding Finalizes Quarter Billion Capital Deal
Aug 11 2006 // Indianapolis-based Oak Street Funding has raised more than a quarter billion dollars in capital through loans completed with Germany-based DZ Bank AG Deutsche Zentral-Genossenschaftsbank and Boston-based NewStar Financial....
American Enterprise Mutual Acquires Ceres Group’s Medical Business
Aug 8 2006 // Omaha, Neb.-based World Insurance Company (World), a subsidiary of American Enterprise Mutual Holding Company, recently announced an agreement between General American Financial Resources, Inc. (GAFRI) and...
Sample Partnership
Aug 7 2006 // State Farm has launched a series of initiatives to expand its markets while contributing to the economic vitality and safety of low-income neighborhoods. To help reach its goals, State Farm has developed a long-term,...
HCC Insurance Holdings Acquires Minn. Allianz Life Insurance
Aug 4 2006 // Houston-based HCC Insurance Holdings, Inc. announced today that the Company had reached an agreement to acquire the assets of Allianz Life Insurance Company of North America’s Health Products Division for a cash...
Republic Announces Merger Agreement With Delek Capital
Aug 4 2006 // Dallas-based property/casualty insurer, Republic Companies Group Inc., announced it has entered into a definitive merger agreement pursuant to which a subsidiary of Delek Capital Ltd. would acquire all of the outstanding...
HRH Completes Thilman & Filippini Acquisition
Aug 2 2006 // Hilb Rogal & Hobbs Company has completed the previously announced acquisition of Chicago-based Thilman & Filippini, L.L.C. (Thilman Filippini), one of the nation’s top 100 insurance intermediaries. Thilman...
Strong earnings keep insurers’ stock prices stable; M&A activity remains flat
Jul 24 2006 // Stock Prices: Insurers’ stock prices remained relatively stable during the second quarter of 2006. In a time of the year when stock prices tend to fluctuate depending on the weather forecast, companies were able to...
Fidelity National P/C acquires Southern Family flood policies
Jul 24 2006 // Fidelity National Property and Casualty Insurance Co. has received approval from the Circuit Court of Florida to purchase all of the existing flood insurance policies of Southern Family Insurance Co. through the Florida...
Strong earnings keep insurers’ stock prices stable; M&A activity remains flat
Jul 24 2006 // Stock Prices: Insurers’ stock prices remained relatively stable during the second quarter of 2006. In a time of the year when stock prices tend to fluctuate depending on the weather forecast, companies were able to...
Berkshire Hathaway Subsidiary Acquires Two Calif. WC Companies
Jul 19 2006 // Columbia Insurance Company, a member of the Berkshire Hathaway Group of Insurance Companies, has agreed to acquire American All-Risk Insurance Services (AARIS) and American Commercial Claim Administrators (ACCA), both...
Pennsylvania’s Two Biggest Health Insurers in Merger Talks Again
Jul 17 2006 // Pennsylvania’s two largest health insurers are discussing a possible merger, which could happen as early as September. Independence Blue Cross, based in Philadelphia, and Pittsburgh-based Highmark Inc. are part of...
ChoicePoint Acquires Insuratec
Jul 17 2006 // Alpharetta, Ga.-based ChoicePoint has acquired Danville, Calif.-based Insuratec Inc., a provider of lien holder and mortgagee notification services to the property and casualty insurance industry. Insuratec notifies...
Acquisition Broadens Ebix’s Insurance Market Presence
Jul 14 2006 // Ebix Inc., an Atlanta based software developer and supplier of e-commerce software has announced that effective May 1, 2006, it completed the acquisition of substantially all the operating assets of Reston, Va. and...
Arthur J. Gallagher & Co. Acquires S.P. Tarantino Insurance Brokerage
Jul 13 2006 // Arthur J. Gallagher & Co. (NYSE:AJG) has acquired S.P. Tarantino Insurance Brokerage Inc. of San Francisco. Terms of the transaction were not disclosed. Founded in 1979, S. P. Tarantino Insurance Brokerage is a full-...
ChoicePoint Acquires ePolicy
Jul 13 2006 // ChoicePoint, of Alpharetta, Ga. has acquired the assets of California-based ePolicy Inc., including the firm’s ePolicy Solutions RightRisk product line. Terms of the acquisition were not disclosed. ePolicy provides...
Hub International Buys Canadian Broker’s Life Servicing Business
Jul 12 2006 // Hub International Limited has acquired life insurance portfolio from Standard International Underwriters Ltd. Details of the purchase by the Toronto-based Hub Financial Inc.were not disclosed. Both HUB Financial and SIU...
USI Holdings Acquires Texas’ Frank Siddons Insurance
Jul 12 2006 // USI Holdings Corporation, based in Briarcliff Manor, N.Y., announced the acquisition of Austin, Texas-based Frank Siddons Insurance. The acquisition of this surety and commercial lines broker is expected to contribute...
Generali Signs Deal to Acquire 51% Stake in Bulgaria’s Orel-G Holding
Jul 11 2006 // It’s not just the Italian Football (soccer) team that’s in an expansive mood. Italy’s Generali Group announced that it has signed an agreement for the acquisition of a 51 percent shareholding in Bulgarian...
DriveCam Inc. Partners With American Country Insurance to Offer Safe Driving Program
Jul 10 2006 // DriveCam Inc. has partnered with American Country Insurance Co. Under the terms of the agreement, American Country Insurance will offer discounts starting at 5 percent to customers who deploy DriveCam’s solution....
