Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
HCC to buy Prof. Indemnity
Aug 6 2001 // Houston-based HCC Insurance Holdings Inc. has signed a letter of intent to acquire all of the outstanding shares of Marshall Rattner Inc., the parent company of Professional Indemnity Agency Inc. HCC said it will acquire...
Anthony Clark International Insurance Brokers Announces Acquisition
Aug 3 2001 // Anthony Clark International Insurance Brokers Ltd. (Toronto) announced that it has acquired 779451 Alberta Ltd., an independent general insurance brokerage representing approximately $1,000,000 in premiums and located in...
NATIONAL Senate Votes for Additional Funding, Requirements for Mexican Trucks Inspections August 3,
Aug 3 2001 // The National Association of Independent Insurers (NAII) said it is cautiously optimistic about the Senate vote to increase funding levels for implementation of the North American Free Trade Agreement (NAFTA) by $15 million...
Direct-Link Acquires $6M in Premium Business from Fireman’s Fund Direct
Aug 2 2001 // Direct-Link Insurance Services announced the acquisition of a major portion of Fireman’s Fund Direct’s personal lines property insurance portfolio, as that company exits the direct insurance market. Under terms...
S.N. Potter, KEMPES Form Partnership for Rural Special Districts Insurance Services
Aug 2 2001 // Stockton, Calif.-based S.N. Potter Inc., a full service countrywide manager for property and casualty insurance programs, announced the creation of Rural Special Districts Insurance Services (RSDI) to write water,...
Swiss Re to Acquire and Lincoln National Reinsurance Operation
Aug 1 2001 // Lincoln National Corporation today announced that Swiss Re will acquire Lincoln’s reinsurance operation, Lincoln Re, headquartered in Fort Wayne, Indiana, for $2 billion. Swiss Re will integrate Lincoln’s...
Financial Keyosk Signs 10 Major Financial Services Partners
Jul 27 2001 // Ten major financial services firms — including CNA Insurance, CNA Surety, Kemper Insurance Companies, SAFECO, The St. Paul Companies and Zurich North America — have agreed to participate in Financial Keyosk, a...
The DeWolfe Companies Announces Acquisition of Insurance Portfolio from Aon
Jul 27 2001 // The DeWolfe Companies Inc., the largest provider of residential homeownership services in New England, announced an agreement to acquire a portfolio of more than 9,000 personal insurance accounts from Aon Private Risk...
Hub International Limited Acquires Burnham Insurance Group
Jul 26 2001 // Pursuant to a previously announced letter of intent, Hub International Ltd. acquired Burnham Insurance Group, a regional insurance broker based in Battle Creek, Michigan, with offices throughout Michigan and in Chicago,...
The Alea Group Announces Completion of Seven Hills Acquisition
Jul 20 2001 // The Alea Group recently received approval from the State of New York Insurance Department to acquire Seven Hills Insurance Company. Upon the approval, Alea completed the transaction with Great American Insurance Company on...
AEGON Canada Set to Acquire Money Concepts
Jul 18 2001 // AEGON Canada Inc., a member of the international AEGON Group and the parent company of Transamerica Life Canada, reached an agreement to acquire 100 percent of the shares of National Financial Corporation, the parent...
Fortis Keeps Mum on Possible Merger Talks
Jul 18 2001 // Dutch-Belgian financial group Fortis is not commenting on renewed rumors that it is in merger talks with Britain’s Lloyds TSB and analysts said it would not want to enter any partnership as the junior member,...
Insurance.com Announces Online Marketing Partnerships
Jul 17 2001 // Insurance.com(SM), a Fidelity Investments company, announced a series of strategic online marketing agreements with AOL-Time Warner (AOL), Bloomberg, Bankrate (RATE), Yahoo! (YHOO), Multex (MLTX), and Learning...
