Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Dietz, Gilmor & Chazen Makes 3 Partner Promotions in California
Sep 19 2017 // Dietz, Gilmor & Chazen has promoted Robert E. Robinson, Richard A. Lynn and Robert Lance to partners in the firm in California. All three newly promoted partners were previously with Dietz, Gilmor & Associates,...
The Hilb Group Acquires Massachusetts’ Mid-State Insurance Agency
Sep 19 2017 // The Hilb Group LLC (THG), a property and casualty insurance and employee benefits broker based in Richmond, Va., has announced the acquisition of Massachusetts-based Mid-State Insurance Agency Inc. (MSIA). The transaction...
Hub International Acquires Louisiana’s Benefit Advisory Group
Sep 18 2017 // Chicago-based insurance brokerage Hub International Limited (Hub), has acquired the assets of Benefit Advisory Group LLC (Benefits Advisory Group), with offices in New Orleans and Baton Rouge, La. Terms of the acquisition...
Arizona Gets $3.1M in Funding to Combat Opioid Abuse
Sep 18 2017 // Arizona’s efforts to combat opioid abuse are getting a $3.1 million boost from federal taxpayers. The U.S. Department of Health Services says the funding provided the state Department of Health Services is included...
Seeman Holtz Property & Casualty Acquires DernCo Insurance in Wisconsin
Sep 18 2017 // Seeman Holtz Property & Casualty Inc. has acquired DernCo Insurance, headquartered in Milwaukee, Wis. Serving both Wisconsin and Colorado for more than 25 years, Rich Dern and his team have been offering a full...
Cincinnati’s Fifth Third Insurance Agency to Acquire Epic Insurance Solutions
Sep 15 2017 // Fifth Third Insurance Agency Inc., an indirect, wholly owned subsidiary of Cincinnati, Ohio-based Fifth Third Bancorp, has agreed to acquire Epic Insurance Solutions Agency LLC, which also recently announced it will...
The Liberty Company Insurance Brokers Welcomes Christopher David Harney as Partner/Senior Vice President
Sep 14 2017 // Woodland Hills, CA, September 14, 2017- The Liberty Company Insurance Brokers is proud to welcome Christopher David Harney as Partner/Senior Vice President in its Los Angeles office. He will join the leadership team and...
Specialty MGAs Continue to be Popular Acquisition Targets
Sep 14 2017 // With growth prospects becoming rarer in the continuing competitive insurance market, carriers are among three sets of buyers fueling a hot M&A environment for specialized managing general agencies, representatives of...
Hub Acquires Delisle Agencies of Canada
Sep 14 2017 // Global insurance broker Hub International Ltd. has acquired Delisle Agencies Ltd. of Delisle, Saskatchewan, Canada. Terms of the acquisition were not disclosed. The family-owned Delisle Agencies specializes in personal...
Seeman Holtz Property & Casualty Acquires Stirling Insurance of Florida
Sep 14 2017 // Seeman Holtz Property & Casualty, Inc. (SHP&C) has acquired Stirling Insurance Services, Inc., headquartered in Boca Raton, Florida. Stirling has served all of Florida for over 28, led by Terry Sgammato and his...
Sciemus Partners with HSCM Bermuda and Is Renamed Argon Underwriting
Sep 13 2017 // Sciemus, a specialty Lloyd’s MGA, is forming an investing partnership with HSCM Bermuda, a firm that invests in reinsurance and insurance-linked assets across all lines of business. The deal also calls for Sciemus to...
CopperPoint Acquires Pacific Compensation Insurance in California for $150M
Sep 13 2017 // CopperPoint Mutual Insurance Co. announced it has entered into a definitive agreement to acquire California-based workers’ compensation carrier Pacific Compensation Insurance Co. from Alleghany Insurance Holdings LLC...
Hub Acquires Insurance Broker Integro’s Canada Unit
Sep 12 2017 // Chicago-based global insurance broker Hub International Ltd. has acquired the Canadian unit of insurance broker Integro Ltd. Terms of the acquisition were not disclosed. Integro Canada is a commercial property/casualty...
HUB International Acquires Wisconsin’s Stellarus Benefits
Sep 11 2017 // Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Wisconsin-based Stellarus Benefits Inc. (Stellarus). Terms of the acquisition were not disclosed. With offices in Brookfield and...
Louisiana’s LCTA Acquires Risk Management Resources, Creates Specialty Insurer
Sep 11 2017 // Baton Rouge, Louisiana-based workers’ compensation insurance provider, LCTA Workers’ Comp (LCTA), has acquired Risk Management Resources and created a new subsidiary, LCTA Specialty Insurance Co. Risk...
Arthur J. Gallagher & Co. Acquires Nebraska’s Lincoln Financial Management
Sep 8 2017 // Arthur J. Gallagher & Co. has acquired Nebraska-based Lincoln Financial Management LLC. Terms of the transaction were not disclosed. Founded in 1993 by Stephen Letts and later acquired by Cyrus Kiani, Lincoln Financial...
Now May Be the Time for Homeowners to Buy a Dam
Sep 8 2017 // Traveling from Louisiana, four 18-wheelers and more than a dozen workers rolled into the heart of Houston last Tuesday morning. The Cajun crew was there to unfurl and install a unique form of flood protection: three-foot...
Coverys to Acquire Global Insurance Management Company of Florida
Sep 8 2017 // Coverys, a medical professional liability insurer, and Global Insurance Management Company, Inc. (GIMC), a provider of medical professional liability insurance for physicians and other healthcare providers, have entered...
Specialty Program Group Acquires Assets of Monarch E&S Insurance Services in California
Sep 7 2017 // Specialty Program Group LLC has acquired the assets of Burbank, Calif.-based wholesaler Monarch E&S Insurance Services. Monarch E&S is a full-service MGA and wholesale brokerage established in 1986. The firm...
Arthur J. Gallagher Acquires Sweden’s Nordic Forsakring & Riskhantering
Sep 7 2017 // Arthur J. Gallagher & Co. announced the acquisition of Nordic Försäkring & Riskhantering AB (Nordic), located in Gothenburg, Sweden. Terms of the transaction were not disclosed. Founded in 1991, Nordic is a...