Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Hub International Acquires Assets of Canada’s Cortex Financial
Apr 7 2015 // Hub International Limited announced that its subsidiary Hub Financial Inc. has acquired the assets of Cortex Financial, a Thornhill, Ontario-based managing general agency. Hub said the acquisition broadens its...
NFP Acquires North Carolina-Based Trinity Consulting
Apr 7 2015 // Insurance broker and consultant NFP has expanded its P&C capabilities and added to its employee benefits operation by acquiring Trinity Consulting. The transaction closed on March 3, 2015. A large risk management and...
Hardenbergh Insurance Group Acquires Meyer Insurance in New Jersey
Apr 6 2015 // Hardenbergh Insurance Group, an independent insurance agency based in Marlton, New Jersey, announced its acquisition of Meyer Insurance Agency, an independent agency in Medford, New Jersey. Terms of the transaction were...
Professors Sue Minnesota College Over Law School Merger
Apr 6 2015 // Two tenured professors at William Mitchell College of Law are suing over potential layoffs connected to a planned merger with Hamline University School of Law. The two schools are seeking authorization to create the...
Hub International Acquires Two Canadian Home Warranty Providers
Apr 6 2015 // Chicago-based Hub International Limited announced that it has acquired Progressive Home Warranty, based in Edmonton, Alberta, and Pacific Home Warranty, based in Surrey, British Columbia. The two companies provide home...
AIG Buys Controlling Interest in Program Manager NSM Group
Apr 6 2015 // American International Group Inc. has agreed to acquire a controlling stake in NSM Insurance Group, a managing general agent and insurance program administrator, from ABRY Partners and NSM management. Terms of the deal...
P/C Insurance M&As: Deal Value Up, More to Come
Apr 6 2015 // Merger and acquisition activity in the property/casualty industry is increasing in deal value and will likely expand from reinsurers to primary carriers, according to two new industry reports. Deloitte said that the...
CRC Insurance Services to Acquire Strategic Assets of NAPCO in New Jersey
Apr 2 2015 // CRC Insurance Services Inc., a wholesale insurance subsidiary of BB&T Corporation’s principal subsidiary Branch Banking and Trust Company, announced an agreement to acquire strategic assets of NAPCO, LLC. Terms...
Confie Seguros Acquires 3 East Coast Brokerages
Apr 2 2015 // Confie Seguros, a national provider of personal lines insurance based in Huntington Beach, California, announced that it has acquired three East Coast insurance brokerages. Confie Seguros acquired the assets of Your...
Patriot National Acquires Florida-based TriGen Insurance Solutions
Apr 2 2015 // Patriot National, Inc. has acquired TriGen Insurance Solutions, a specialty insurance brokerage based in Boca Raton, Fla., with offices in Orlando and Atlanta. The total purchase price, assuming all earn-out criteria are...
Iowa’s Farmers Mutual Hail, John Deere Insurance Close Acquisition
Apr 1 2015 // Farmers Mutual Hail Insurance Company of Iowa (FMH) announced its acquisition of Illinois-based John Deere Insurance Company and John Deere Risk Protection Inc. is complete Headquartered in West Des Moines, Iowa, FMH has...
National General Holdings Acquires Assigned Risk Solutions in New Jersey
Apr 1 2015 // National General Holdings Corp. announced that it has closed upon the acquisition of Saddle Brook, New Jersey-based Assigned Risk Solutions Ltd. from Toronto-based Kingsway Financial Services for a purchase price of $47...
Hamilton Completes Sportscover Acquisition; O’Donohoe is MGA CEO
Apr 1 2015 // The Bermuda-based Hamilton Insurance Group has completed the acquisition of Sportscover Underwriting Limited, the Lloyd’s managing agent for Syndicate 3334, and Kinetic Insurance Brokers Limited, a Lloyd’s...
Allied World Completes Acquisition of RSA’s Hong Kong, Singapore Units
Apr 1 2015 // Allied World Assurance Company Holdings, AG announced that it has completed the acquisitions of the Hong Kong and Singapore operations of Royal & Sun Alliance Insurance plc (RSA), following the receipt of all necessary...
NFP Acquires Arizona-Based WIS
Mar 31 2015 // NFP has acquired Weber’s Insurance Service Inc. and Weber’s Assurance Group LLC in Arizona. The transaction was effective Feb. 18, but terms of the deal were not released. Weber’s Insurance and...
Protector Holdings Acquires Oasis South in California
Mar 31 2015 // Protector Holdings, a joint venture of Edgewood Partners Insurance Center and Dowling Capital Partners, has acquired Oasis South Insurance Services in California. With eight locations across California’s San Diego...
BNC Insurance Agency Acquires Milbrandt & Co. in New York
Mar 31 2015 // BNC Insurance Agency Inc., an independent agency based in Rye Brook, New York, announced that it has acquired Milbrandt & Co. Inc., an independent agency based in New Rochelle, New York, with a satellite office in...
Endurance to Acquire Montpelier for $1.8 Billion
Mar 31 2015 // Bermuda-based Endurance Specialty Holdings Ltd. and Montpelier Re Holdings Ltd. announced a merger today, in which Endurance will acquire Montpelier in a stock-cash deal for roughly $1.8 billion. Specifically, the deal...
Bank of Ireland Shares Fall 6%, as Fairfax Financial Sells Stake
Mar 31 2015 // Canada’s Fairfax Financial Holdings has sold half of its 5.8 percent stake in Bank of Ireland for more than triple what it paid for it in 2011, a source with knowledge of the deal said, pushing the share price down 6...
ProSight, Affinity Partner on Golf, Country, Leisure Club Program
Mar 27 2015 // ProSight Specialty Insurance and Affinity Agency Group, LLC have partnered to create ClubComplete, a specialized one-stop insurance product for golf, country and leisure club owners and managers. ProSight’s...
