Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Woodruff-Sawyer to Acquire Capstone Insurance in Massachusetts
Dec 8 2015 // Woodruff-Sawyer & Co., an independent brokerage based in San Francisco, announced today that it will be acquiring Capstone Insurance, the property/casualty brokerage division of Newton, Massachusetts-based financial...
N.Y. Sen. Schumer Calls for Increased Federal Funding for Fire Departments
Dec 8 2015 // Federal funding for fire departments looking to buy new equipment or train new firefighters is down, putting pressure on local departments to do more with less. U.S. Sen. Charles Schumer says less than one in four...
African Bank in Talks with MMI’s Guardrisk on Insurance Joint Venture
Dec 8 2015 // African Bank Investments Ltd.’s lending unit, which collapsed last year, said it is in “advanced” talks with MMI Holdings Ltd.’s Guardrisk business to form an insurance joint venture that will...
Sino-Ocean Land Says Nan Fung Sells Shares to Anbang Insurance Group
Dec 8 2015 // Sino-Ocean Land Holdings Ltd. said Anbang Insurance Group Co. purchased about a fifth of the Chinese developer’s shares from members of Nan Fung Group Holdings Ltd. for HK$7.8 billion ($1 billion). Members of closely...
Risk Strategies Acquires Minnesota-Based Re-Solutions Intermediaries
Dec 7 2015 // Risk Strategies Co., a privately held, national insurance brokerage and risk management firm, has acquired Re-Solutions Intermediaries LLC, a reinsurance specialist focused on assisting healthcare organizations around the...
Highway Bill Restores Crop Insurance Funding Cut in Budget Deal
Dec 4 2015 // The $305 billion highway bill that was agreed upon by the House and Senate and is on its way to President Obama’s desk has a little something for everyone, including farmers and crop insurers. The five-year measure,...
J. Smith Lanier Announces Stock Merger with Alabama’s Rogers, Parker & Associates
Dec 3 2015 // J. Smith Lanier & Co., an independent insurance brokerage firm, has announced a stock merger with Rogers, Parker & Associates, Inc., of Florence, Ala., effective December 1, 2015. Rogers, Parker & Associates,...
Hub International Acquires Illinois-Based Forest Financial Group Assets
Dec 2 2015 // Chicago-based global insurance broker, Hub International Limited (Hub), has acquired the assets of Forest Financial Group Inc. (FFG). Terms of the acquisition were not disclosed. Based in Lake Forest, Ill., FFG specializes...
U.S. Risk Insurance Group Acquires Matias Underwriters in Boston
Dec 2 2015 // U.S. Risk Insurance Group Inc., a managing general agency and surplus lines wholesaler based in Dallas, announced that it has acquired Matias Underwriters LLC in Boston. Terms of the transaction were not disclosed. Matias...
Arthur J. Gallagher & Co. Acquires New Zealand’s Reid Manson
Dec 2 2015 // Arthur J. Gallagher & Co.* announced the acquisition of Reid Manson Ltd. located in Timaru, New Zealand. Terms of the transaction were not disclosed. Founded more than 30 years ago, Reid Manson is a retail insurance...
All Risks Acquires Florida-Based Specialty Risk Underwriters
Dec 2 2015 // All Risks, Ltd., a nationwide independent wholesaler, has acquired Specialty Risk Underwriters (SRU), a national program administrator based in St. Petersburg, Fla. Specialty Risk Underwriters has developed a variety of...
PartnerOne Launches Contractors Pollution & Professional Product
Dec 1 2015 // PartnerOne Environmental is working in partnership with Berkley Environmental, a Division of Berkley Specialty Underwriting Managers, to offer PartnerOne Contractors Pollution & Professional. This product is a combined...
Brown & Brown to Acquire Assets of MBA Insurance Agency of Arizona
Nov 30 2015 // MBA Insurance Agency of Arizona Inc. and Brown & Brown of Kentucky Inc., a subsidiary of Brown & Brown Inc., have entered into an agreement for the acquisition by Brown & Brown of substantially all of the...
Dutch Insurer NN Eyes Growth Through Acquisitions
Nov 30 2015 // NN Group NV, the Dutch insurer and asset manager spun out of ING Groep NV, is ready to expand and will consider acquisitions amid speculation that it could seek to acquire Delta Lloyd NV. Delta Lloyd’s shares...
Prime Risk Partners in Atlanta Hires Schneider as CFO
Nov 29 2015 // Prime Risk Partners announced that Robert Schneider has joined the company as executive vice president and chief financial officer. The company, headquartered in Atlanta, is building a national insurance...
Market Responds to Suggestions that NN Group Acquire Delta Lloyd
Nov 25 2015 // Delta Lloyd NV, the Dutch insurer under pressure to bolster capital, climbed as much as 6.6 percent after Rabobank pitched the idea of a purchase by NN Group NV. “There is a scenario possible by which NN Group would...
NORCAL Mutual to Acquire FD Insurance in Florida
Nov 25 2015 // NORCAL Mutual Insurance Co. and FD Insurance, a medical malpractice provider for physicians and surgeons in Florida, have signed a definitive agreement for NORCAL to acquire FD Insurance. This acquisition expands...
Worley Claims Services Acquires North Carolina-Based RJMW
Nov 24 2015 // Worley Claims Services, an insurance claims servicer in the United States, has acquired RJMW Claims Services, Inc., a provider of daily and catastrophe residential and commercial property claims services based in...
China’s Fosun Completes Acquisition of Remaining 80% Interest in Ironshore
Nov 23 2015 // Ironshore Inc. and Fosun International Ltd. announced that Fosun has completed the acquisition of the remaining 80 percent equity interest in Ironshore. Fosun has received approvals from all relevant regulatory authorities...
Brown & Brown Acquires Assets of Florida-Based Bentrust Insurance Group
Nov 23 2015 // Brown & Brown of Florida, Inc., a subsidiary of Brown & Brown, Inc., has acquired certain assets of BenTrust, which includes Bentrust Financial, Inc. d/b/a Bentrust Insurance Group; Bentrust AIB, LLC, and Florida...
