Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
USI Insurance Acquires Healthcare Liability Solutions in Houston
Jan 15 2016 // USI Insurance Services (USI) has acquired Healthcare Liability Solutions LLC (HLS), located in Houston, Texas. HLS is a property and casualty brokerage firm dedicated to customizing insurance programs for healthcare...
Liberty Mutual Completes Chile M&A; Cámbara Named CEO of Chile Operations
Jan 15 2016 // Liberty Mutual Insurance named Fernando Cámbara Lodigiani as CEO of its Chile operations following its acquisition of approximately 99.6 percent of Compañía de Seguros Generales Penta Security S.A. (Penta...
Ascension Insurance Acquires Sundance in Arizona
Jan 14 2016 // Ascension Insurance Inc. has acquired Sundance Insurance Inc. in Yuma, Ariz. Don Werley and Debbie Blakesley, the previous co-owners of the Sundance, will join Ascension as senior vice president and senior account...
‘New Chubb’ Opens as Giant ACE, Chubb Merger to Close
Jan 14 2016 // ACE Ltd. and Chubb said they have received all necessary regulatory approvals and will close their $29.7 billion merger agreement today, Jan. 14 – six months after the companies first announced their surprise deal. The...
Attention Insurance Marketers: Is Your Brand a ‘Servant’ or ‘Partner’ for Consumers?
Jan 14 2016 // Marketers have long known that consumers react in a favorable way when products and services are given human attributes, or anthropomorphized, in their branding and advertising. Think of the Michelin Man. Allstate’s...
Brown & Brown Acquires Assets of BayRisk Insurance Brokers in California
Jan 13 2016 // Brown & Brown Insurance Services of California Inc., a subsidiary of Brown & Brown Inc., has acquired certain assets of San Francisco, Calif.-based BayRisk Insurance Brokers Inc. Following the transaction, the...
Wallace Welch & Willingham Acquires Florida Agency Sondregger Insurance
Jan 13 2016 // Wallace Welch & Willingham (W3) has acquired Sondregger Insurance, an independent agency based in St. Petersburg, Fla. The acquisition was made final on December 9, 2015. Sondregger Insurance specializes in personal...
AssuredPartners Acquires Archer A. Associates in New York
Jan 13 2016 // AssuredPartners Inc. announced that it has acquired the business of Archer A. Associates Insurance, an independent agency based in Franklin Square on Long Island, New York. Terms of the transaction were not disclosed. The...
France’s CNP Assurances in Talks to Buy BTG’s Brazil Insurance Units
Jan 13 2016 // French insurer CNP Assurances has entered exclusive talks with Grupo BTG Pactual SA to buy its 51 percent stake in Brazilian insurer Pan Seguros, two sources familiar with the matter said on Tuesday. CNP Assurances has...
Confie Acquires Agency in Bellingham, Washington
Jan 12 2016 // Huntington Beach, Calif.-based Confie announced it has acquired the Duane Sammons Insurance Center Inc. of Bellingham, Wash. Duane Sammons has served the local community of Bellingham for 30 years and provides personal and...
15 State AGs Join Federal Antitrust Probe of Giant Health Insurers’ Mergers: Reuters
Jan 12 2016 // About 15 state attorneys general have joined the Justice Department’s probe of two big insurance mergers, according to people familiar with the matter, increasing the scrutiny on proposed deals that would reduce the...
Confie Acquires Florida-Based Most Insurance
Jan 12 2016 // Confie, a national provider of personal and commercial lines insurance, has acquired Most Insurance, LLC of Tampa, Fla. Established by Bob Most in 1973, Most Insurance, LLC is a family owned and operated business. With...
RT Specialty Acquires Countrywide Brokerage in Washington
Jan 11 2016 // R-T Specialty LLC (RT Specialty), the wholesale brokerage unit of Ryan Specialty Group LLC, has acquired the assets of Countrywide Brokerage, a wholesale insurance brokerage operation based in Edmonds, Wash. Established in...
Walsh Duffield Acquires Barry York Inc. in Upstate New York
Jan 11 2016 // Walsh Duffield Companies Inc., an independent insurance agency based in Buffalo, New York, announced that it has acquired Barry York Inc., an independent agency in Pittsford, New York, a suburb of Rochester, New York....
Confie Acquires Fair Price Insurance in New York City
Jan 11 2016 // Confie, a national provider of personal and commercial lines insurance, announced that it has acquired Fair Price Insurance Inc., a specialty auto insurance agency based in the Bronx, New York City. Terms of the...
Pennsylvania’s Donegal Buys Out Activist Investor for $70M
Jan 11 2016 // Gregory M. Shepard, an activist investor who’s been a major stockholder of Pennsylvania-based Donegal Group and a frequent critic of the company, has sold off his shares. Shepard’s stake consisted of 3.675...
Amlin Finalizes Merger of 2 European Subsidiaries, Creating Amlin Insurance SE
Jan 8 2016 // Amlin plc, the London-based specialist insurer, announced the successful completion on Jan. 4 of the cross-border merger of two of its insurance company subsidiaries, Amlin Europe N.V. and Amlin Insurance (UK). The...
Ryan Direct Agrees to Acquire Northern Ireland MGA, Midas Underwriting
Jan 8 2016 // Ryan Direct Group (RDG), the insurance services business and part of Chicago-based Ryan Specialty Group (RSG), has entered into agreement to acquire Northern Ireland-based MGA Midas Underwriting, subject to regulatory...
Hub International Acquires Assets of Mississippi-Based Gathings Insurance
Jan 8 2016 // Hub International Limited has acquired the assets of Gathings Insurance Services, LLC of Ridgeland, Miss. Terms of the acquisition were not disclosed. Gathings specializes in providing a variety of employee benefits, and...
DSP Insurance Services Acquires Assets of Willis of Illinois’ Schaumburg Office
Jan 7 2016 // DSP Insurance Services announced it has purchased another group of assets of Willis of Illinois’ Schaumburg office. The acquisition was finalized on Dec. 31, 2015. Nancy Vatch and key staff personnel lead the team of...
