Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Trade Center Attack, Acquisitions, Economy to Test AIG
Sep 24 2001 // The events of Sept. 11 shook the foundations of the entire American financial community, and American International Group was no exception. Ironically, AIG had already had a very busy month. In Korea, it looked set to...
The Heffernan Group and MBO Insurance Brokers Announce Merger
Sep 18 2001 // The Heffernan Group, one of the largest full-service brokerages firms in California, and MBO Insurance Brokers Inc., an independent brokerage firm specializing in commercial insurance on a worldwide basis, announced the...
Fiserv Finalizes Agreement to Acquire Pittsburgh Bank’s IP Operations
Sep 7 2001 // Wisconsin-based Fiserv Inc. completed its previously announced agreement to acquire the item processing business of the Federal Home Loan Bank of Pittsburgh, according to Leslie M. Muma, president and CEO of Fiserv....
Liberty Mutual to Acquire OneBeacon P/C Operations in Partnership Deal
Sep 6 2001 // Boston-based Liberty Mutual Group announced that it was in the final stages of concluding an agreement with OneBeacon to set up a partnership arrangement “to transfer OneBeacon’s property and casualty business...
Arch Capital to Acquire Tri-City Brokerage
Sep 6 2001 // Arch Capital Group Ltd., a diversified Bermuda-based financial services company, announced plans to acquire Tri-City Brokerage, Inc. from Ullico Inc. for an undisclosed amount. Tri-City, which has offices in Chicago, Long...
Hilb, Rogal Acquires Baltimore’s Thaler Enterprises
Sep 5 2001 // Hilb, Rogal and Hamilton strengthened its presence in the Mid-Atlantic region with the announcement that it was acquiring substantially all of the operating assets of Thaler Enterprises, Inc.,”a diversified financial...
Barney and Barney, Salu Inc. Partner to Provide Medical Malpractice Coverage
Aug 31 2001 // San Diego-based brokerage firm Barney & Barney LLC and Salu Inc. entered into an agreement to provide Salu’s physician-specialist members with medical malpractice insurance coverage at competitive prices...
AIG Announces Closing of American General Acquisition
Aug 30 2001 // American International Group, Inc. (AIG) announced today the closing of its acquisition of American General Corporation (American General). Based on the closing date of Aug. 29, American General shareholders will receive...
Argonaut Terminates Pact to Buy Some Queensway Assets
Aug 30 2001 // Argonaut Group Inc. announced it has terminated the purchase and sale agreement with Queensway Financial Holdings Ltd. previously announced on April 18, 2001. Under the agreement, Argonaut Group was to have acquired...
POLIS Strikes Partnership with Durham & Bates, Xenium Resources
Aug 27 2001 // POLIS, a technology company pioneering cost- and time-efficient workplace compliance solutions, has formed strategic partnerships with Durham & Bates Insurance Brokers and Agents, a regionally based insurance...
Overseas Partners US Re Opens Chicago Office; Appoints EVP
Aug 23 2001 // Overseas Partners US Re (OPUS Re) recently opened a new Chicago area office and appointed Douglas R. Behnke executive vice president and head of the Chicago branch. Philadelphia-based OPUS Re said Behnke comes to the...
MassMutual Completes Acquisition of Aetna Heiwa Life
Aug 22 2001 // The MassMutual Financial Group announced that it had completed the purchase of Japan’s Aetna Heiwa Life Insurance Co. Inc. from Aetna International Inc., a division of Holland’s ING Group, which acquired it...
Claimline Investor in Talks To Acquire Claims Direct Stake
Aug 21 2001 // Less than a week after they reacquired control of the troubled U.K. personal injury settlement service, Claims Direct, co-founders Tony Sullman and Colin Poole have confirmed that they are discussing a possible sale of...
Hilb, Rogal and Hamilton Announces Acquisitions
Aug 13 2001 // Hilb, Rogal and Hamilton Co. announced it has completed the acquisitions of substantially all of the assets of Aris Insurance Services of Calabasas, Calif., and Brooks & Willmes Insurance Brokers Inc. of San Jose,...
NEW PARTNERSHIP FOR W/C
Aug 13 2001 // Advantage Workers’ Compensation Insurance Company of Salt Lake City was named the underwriting partner of Boise-based WorkCare NorthWest, a partnership expected to make Advantage Insurance one of the largest...
ST. PAUL BUYS LONDON GUARANTEE
Aug 13 2001 // The St. Paul Companies finalized a definitive agreement to purchase London Guarantee Insurance Company for $80 million. The transaction is expected to close within three to five months, after regulatory approval has been...
Joint Venture Goss LLC to Offer Coverage for Automotive Suppliers
Aug 10 2001 // The Goss Group Inc., Marsh Inc. and the GMAC Insurance Group announced the establishment of a joint venture company, Goss LLC, to serve the specific insurance needs of automotive suppliers and original equipment...
Fiserv Acquires London-Based Catapult Technology
Aug 9 2001 // Fiserv Inc. has acquired Catapult Technology Limited, a London-based provider of private banking, treasury management and international banking technology solutions and services. Terms of the agreement were not...
ConfirmNet, XDimensional Technologies Announce Acquisition of VeriCert Assets by ConfirmNet
Aug 7 2001 // ConfirmNet™ Corporation, the providers of the CertificatesNow™ service, and XDimensional Technologies Inc. (XDTI) jointly announced a definitive agreement for ConfirmNet to acquire certain assets of XDTI’s...
The St. Paul to Buy London Guarantee
Aug 6 2001 // The St. Paul Companies has finalized a definitive agreement to purchase London Guarantee Insurance Company for $80 million. The transaction is expected to close within three to five months, after regulatory approval has...
