Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Aon Acquires Aggression Management Firm
Jul 15 2003 // Chicago-based brokerage giant Aon Corp. has acquired the rights to an Orlando, Fla.-based aggression consulting company, according to the Chicago Tribune. The Center for Aggression Management aims to reduce violence and...
General Re Announces Purchase of AXA Konzern’s Share of Joint Venture
Jul 14 2003 // General Re Corporation announces it has purchased AXA Konzern AG’s 49.9 percent shareholding in a Luxembourg-based joint venture company which owns 12,324,090 shares, or about 58.9 percent, of Kolnische...
Old National to Acquire Fort Wayne Insurance Agency
Jul 11 2003 // Evansville, Ind.-based Old National Bancorp has entered into an agreement to acquire Insurance & Risk Management, a 160-employee insurance agency with offices in Fort Wayne and Indianapolis. Based in Fort Wayne,...
Marshall & Swift Partners with FloodSource
Jul 10 2003 // FloodSource, a Fort Worth-based provider of flood data and flood hazard determination systems, announced that Marshall & Swift (M&S) has integrated FloodSource’s online flood maps directly with...
Sky Acquires Insurance Buyers’ Service
Jul 9 2003 // Bowling Green, Ohio-based Sky Financial Group Inc. has acquired Insurance Buyers’ Service Agency Inc. (IBS) of Boardman, Ohio. IBS is an agency that sells professional liability, personal and commercial insurance....
Community Banks, Inc. to Acquire Two Pa. Agencies
Jul 9 2003 // Community Banks, Inc. announced that it has entered into a definitive agreement to acquire Your Insurance Partner, an agency with offices in Mechanicsburg and Dillsburg, PA. The transaction is subject to regulatory...
InMarket Partners Names Stanton Senior Partner
Jul 8 2003 // Pennsylvania-based InMarket Partners, LLC announced that Scott Stanton has been named a Senior Partner at the strategic insurance communication firm. Stanton comes to InMarket Partners (www.inmarketpartners.com) from AIG...
ABD to Acquire Wash.-based Sullivan & Curtis
Jul 8 2003 // ABD Insurance and Financial Services (ABD), in conjunction with its parent company, Greater Bay Bancorp announced that it has signed a definitive agreement to acquire Sullivan & Curtis Insurance Brokers of Washington,...
Shults Appointed VP at Vista Insurance Partners
Jul 8 2003 // Wholesale insurance broker Vista Insurance Partners announced the appointment of Russell Shults as vice president in its San Antonio office, located at 5750 Northwest Parkway, Suite 100. Shults has more than 13 years...
InMarket Partners Names New Senior Partner
Jul 8 2003 // InMarket Partners, LLC announced today that Scott L. Stanton of Berwyn, PA had been named a Senior Partner at the strategic insurance communication firm. Scott comes to InMarket Partners from AIG and Reliance Standard Life...
Private Business Sells InsuranceManager Business
Jul 3 2003 // Private Business Inc. of Brentwood, Tenn., a provider of cash flow and retail inventory management solutions for community banks and small businesses, reported it has sold the assets of its InsuranceManager(TM) business to...
Corporate Systems, Great American Form Partnership
Jul 3 2003 // Amarillo, Texas-based Corporate Systems Inc., a property/casualty claims lifecycle management and reporting solutions provider, announced that Great American Insurance Group successfully implemented CS TeleClaim and EDI...
First Niagara Risk Management Acquires Two Rochester Agencies
Jul 3 2003 // First Niagara Risk Management, Inc., the wholly-owned insurance subsidiary of First Niagara Bank and its parent, First Niagara Financial Group, Inc., announced that it has reached agreements to acquire two Rochester-based...
Gallagher Acquires Manhattan Agency
Jul 2 2003 // Itasca, Ill.-based Arthur J. Gallagher & Co. has acquired J.A. Lorenzo & Co. of New York City. Founded in 1985, J.A. Lorenzo is a full-service retail insurance broker offering risk management, marine cargo,...
Alleghany Completes Acquisition of R&SA’s RSUI
Jul 2 2003 // Alleghany Corporation and the U.K.’s Royal & Sun Alliance announced that they have successfully completed the sale of Royal Specialty Underwriting, Inc., R&SA’s Atlanta, Georgia-based excess and...
James River Group Forms; Buys Fidelity Excess & Surplus
Jul 2 2003 // The James River Group Inc. announced it has formed as an insurance holding company headquartered in Chapel Hill, N.C. Additionally, the company reported that it bought Fidelity Excess and Surplus Insurance Company from...
Benefit Partners of America Established
Jul 2 2003 // Three experienced employee benefits executives announced the formation of a new national firm, Nashville-based Benefit Partners of America LLC, which will specialize in providing a balanced program of employer- and...
F.N.B. to Acquire Central Fla. Agency
Jul 2 2003 // Naples, Fla.-based F.N.B. Corporation announced it has agreed to acquire Lupfer-Frakes Insurance, an independent insurance agency located in Central Florida. Terms of the transaction were not disclosed. Founded in 1918,...
HCC to Acquire Two La. Commercial Marine Underwriters
Jul 1 2003 // Houston-based HCC Insurance Holdings Inc. has reached an agreement to acquire Covenant Underwriters Ltd. and Continental Underwriters Ltd., both headquartered in Covington, La. Terms of the transaction were not disclosed,...
Torquest Partners, Other Investors Acquire Gerllng’s Canadian P/C Operations
Jul 1 2003 // Torquest Partners Inc., Newport Partners Inc., CIBC Capital Partners, a division of Canadian Imperial Bank of Commerce, and company senior management (the Investors) announced that they have acquired Gerling Canada...
