Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
NSM Insurance Acquires Florida-Based Heacock Classic
Mar 4 2016 // NSM Insurance Group, has acquired Heacock Classic, a division of Florida-based Heacock Insurance Group that provides collector car insurance. This marks NSM Insurance Group’s third acquisition in the collector car...
Marsh & McLennan Agency Acquires Celedinas Insurance Group in Florida
Mar 3 2016 // Ray Celedinas Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Celedinas Insurance Group, one of Florida’s largest independent agencies. Terms of the transaction were...
AssuredPartners Acquires MRW Group in New York
Mar 2 2016 // AssuredPartners Inc. announced Wednesday that it has acquired MRW Group Inc., an independent agency based in Hauppauge, New York. Terms of the transaction were not disclosed. MRW Group’s staff of 25 will continue to...
Hospitals Say Anthem-Cigna Merger Will Empower Blue Cross, Hurt Consumers
Mar 2 2016 // U.S. hospitals are stepping up their bid to stop Anthem Inc.’s takeover of rival health insurer Cigna Corp., saying the deal will increase the dominance of Blue Cross Blue Shield plans and potentially raise premiums...
Hub International Acquires Assets of Florida-Based Green-Hazel & Associates
Mar 2 2016 // Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Greene-Hazel & Associates, Inc., based in Jacksonville, Fla. Terms of the acquisition were not disclosed. Greene-Hazel specializes...
Marsh & McLennan Acquires Missouri-Based Aviation Solutions
Mar 1 2016 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, announced it has acquired Aviation Solutions LLC, an aviation risk advisor and insurance broker based in Lee’s Summit, Mo. Terms of...
ANV Increases Lloyd’s Underwriting Capacity for M&A Cover
Mar 1 2016 // ANV Global Services Ltd., the managing general underwriter (MGU) segment of specialty insurance group ANV Holdings, announced an increase in its Lloyd’s underwriting capacity for mergers and acquisitions...
Software Provider Vertafore Acquires Canada’s Keal Technology
Feb 29 2016 // Vertafore, the Bothell, Wash.-based insurance software provider, announced the acquisition of Keal Technology, a leading provider of broker and commercial management systems in Canada. The move extends Vertafore’s...
MassMutual Agrees to Buy MetLife Retail Adviser Network for $300M
Feb 29 2016 // Massachusetts Mutual Life Insurance Co. agreed to buy MetLife Inc.’s adviser-force business and affiliated broker-dealer for about $300 million. Massachusetts Mutual Life Insurance Co. has agreed to buy MetLife...
Why Buyers, Sellers File Claims Under M&A Insurance: AIG Study
Feb 26 2016 // Nearly 14 percent of mergers and acquisitions (M&A) insurance policies written globally by American International Group Inc. resulted in a claim, according to a study by the insurer, one of the largest writers of...
Venture Insurance Programs Acquires North Carolina-Based Tidal Solutions
Feb 25 2016 // Venture Insurance Programs, a national insurance program administrator, has acquired Tidal Solutions, LLC, a Charlotte, NC-based managing general underwriter serving the North American specialty commercial marine...
BB&T to Buy Swett & Crawford for $500M
Feb 24 2016 // Three months after it announced it would sell its North American operations, U.K.-based wholesale and reinsurance broker Cooper Gay Swett & Crawford (CGSC) has a buyer. North Carolina-based BB&T Corp. has agreed to...
AmWINS Group Acquires Group Benefit Services in Maryland
Feb 24 2016 // AmWINS Group Inc. announced that it has acquired Group Benefit Services Inc. and GBS Payroll Plus Inc., known collectively as Group Benefit Services, in Hunt Valley, Maryland. Terms of the transaction were not...
The Hilb Group Acquires PriMed Consulting in New Jersey
Feb 24 2016 // The Hilb Group, a middle market insurance agency based in Richmond, Virginia, announced that it has acquired PriMed Consulting, an independent agency in Ocean Township, New Jersey. The deal represents The Hilb...
Berkley FinSecure Partners with Law Firm to Offer EPL Risk Management Tools
Feb 24 2016 // Berkley FinSecure, a W. R. Berkley Company, has partnered with Jackson Lewis P.C. to offer employment practices risk management assistance for their customers. Jackson Lewis, a nationwide employment practices law firm,...
Maryland’s Carroll County to Pilot State Changes to Drug Treatment Funding
Feb 23 2016 // Carroll County, Maryland, is poised to serve as a model for treating substance abuse across the state. The Carroll County Health Department plans to address changes to state funding of outpatient substance abuse services,...
Exclusive: Google to Shut Down Online Insurance Site, Partners Say
Feb 22 2016 // It appears Google Compare’s grand experiment in online comparison shopping for auto insurance is dead – for now at least. Insurance Journal has learned that two of Google Compare’s major partners were told...
USI Insurance Services Acquires Florida-Based Best Insurance
Feb 22 2016 // USI Insurance Services has acquired Best Insurance, located in Tamarac, Fla. Best Insurance offers a range of personal insurance products, including homeowners, automobile, motorcycle, boat and watercraft, to customers in...
Merger and Acquisition Activity Sets New High-Water Mark
Feb 22 2016 // Merger and acquisition activity for 2015 set a new record with 456 deals, sailing past the previous high-water mark of 325 deals set in 2012, according to recent data. The fourth quarter closed with 104 announced...
AssuredPartners Acquires Encompass Risk Solutions in Pennsylvania
Feb 18 2016 // AssuredPartners Inc. announced Thursday that it has acquired Encompass Risk Solutions Inc., an independent agency based in Warminster, Pennsylvania, with two additional offices in York, Pennsylvania, and Marietta, Georgia....
