Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Confie Seguros Acquires AA Insurance, Parietti & McGuire in New York
Oct 8 2014 // Confie Seguros, a Huntington Beach, California-based national provider of personal lines insurance, has acquired AA Insurance Services and Parietti & McGuire Insurance in New York. AA Insurance Services, founded in...
Risk Strategies Acquires Crow Friedman Group in Tennessee
Oct 8 2014 // Risk Strategies Co., an insurance brokerage in Boston which recently merged with New York-based broker DeWitt Stern, has acquired Crow Friedman Group, a professional liability brokerage in Memphis, Tennessee. Terms of the...
Hub International Acquires FieldEddy in Massachusetts
Oct 8 2014 // Chicago-based global insurance broker Hub International Limited has acquired the assets of FieldEddy, a property/casualty, personal lines and employee benefits brokerage with four locations in and around Springfield,...
AmTrust Buys Workers’ Compensation Unit from Florida Blue Cross
Oct 6 2014 // AmTrust Financial Services has closed its purchase of a workers’ compensation insurer—a subsidiary of Blue Cross & Blue Shield of Florida (Florida Blue)—right according to plan. AmTrust isn’t disclosing...
JLT to Acquire Part of California-based Alliant’s Energy Business
Oct 3 2014 // JLT Specialty Insurance Services Inc., the U.S. subsidiary of Jardine Lloyd Thompson Group plc, and Newport Beach, Calif.-based Alliant Insurance Services announced that JLT USA will be purchasing part of Alliant’s...
Validus Holdings Completes Acquisition of Western World
Oct 3 2014 // Bermuda-based Validus Holdings, Ltd. announced that it has completed its acquisition of Western World Insurance Group, Inc.; which it noted “is a specialty lines insurance company with a 50 year track record of...
NSM Insurance Group Acquires Texas-Based Specialty Aviation Underwriters
Oct 2 2014 // NSM Insurance Group announced the acquisition of Specialty Aviation Underwriters (SAU), located in Addison, Texas. Founded over 20 years ago, SAU specializes in aviation products. NSM Insurance Group underwrites more than...
Sedgwick Finalizes T&H, VeriClaim Acquisition
Oct 2 2014 // Memphis-based Sedgwick Claims Management Services Inc. said it has completed its purchase of T&H Global Holdings, LLC and its subsidiaries (T&H). Terms were not disclosed. The acquisition brings to Sedgwick the...
HCC Insurance Eyes Crop Insurance with Acquisition of Producers Ag
Oct 1 2014 // HCC Insurance Holdings Inc. said has agreed to acquire Producers Ag Insurance Group Inc. (ProAg) from CUNA Mutual Group in an all-cash purchase of ProAg’s capital stock for $110 million. The transaction, which is...
Ames & Gough Acquires Bixby Insurance Agency in Rhode Island
Sep 30 2014 // Ames & Gough, an insurance broker and risk management consultant specializing in serving design professionals, law firms, associations/nonprofits and other professional service firms, announced it has acquired the...
AssuredPartners Acquires Crawford Advisors in Maryland
Sep 29 2014 // AssuredPartners Inc., through its subsidiary AssuredPartners of Maryland, LLC, has acquired Crawford Advisors, LLC, in Hunt Valley, Maryland. Terms of the transaction were not disclosed. Crawford Advisors specializes in...
Direct Line Sells Overseas Businesses to Mapfre
Sep 25 2014 // Direct Line Insurance Group Plc sold its German and Italian businesses to Spain’s Mapfre SA for €550 million ($700 million) as the company pares back its international operations to cut costs and pay a...
Catalina Agrees to Acquire Danielson Indemnity
Sep 23 2014 // Catalina Holdings (Bermuda) Ltd. has signed a definitive agreement to acquire Danielson Indemnity Company, the holding company of National American Insurance Company of California and Danielson National Insurance Company,...
Insure.net Acquires Stark Agency in Connecticut
Sep 22 2014 // Insure.net, an independent insurance agency based in North Haven, Connecticut, announced it has acquired Stark Agency in Chester, Connecticut. Founded in 2006, Insure.net has been mostly a personal lines agency, but the...
Aviva Sells Spanish Venture Stake after Tribunal OK’s Deal
Sep 19 2014 // British insurer Aviva is selling its stake in joint venture CxG Aviva for €287 million ($369 million) to venture partner Novacaixagalicia (NCG) Banco after a Spanish tribunal ruling cleared the way for a deal. The cash...
Global Excess Partners Hires Carmody From AIG in New York
Sep 17 2014 // Global Excess Partners, a managing general agent, has hired Liz Carmody as senior vice president. She is based in New York City. Carmody will assist in managing the firm’s large property and mid-market accounts. In...
Arthur J. Gallagher Acquires Hagedorn & Co. in New York
Sep 17 2014 // Arthur J. Gallagher & Co. announced that it has acquired Hagedorn & Company located in New York, New York. Terms of the transaction were not disclosed. Founded in 1869, Hagedorn is a retail insurance broker...
Sedgwick to Acquire VeriClaim, Other T&H Units
Sep 17 2014 // Sedgwick Claims Management Services Inc. has agreed to acquire T&H Global Holdings, LLC and its subsidiaries that provide insurance claims services to insurance carriers, insurance brokers, corporations and public...
ACP Re Completes Tower Group Merger; Personal Lines Sold to National General
Sep 16 2014 // After months of uncertainty, the merger of ACP Re Ltd. and struggling reinsurer Tower Group International has finally closed. Bermuda-based ACP Re and Tower announced on Sept. 12 that all regulatory approvals were in place...
Maine’s SurePoint Re Advisors to Be Acquired by Willis Re
Sep 11 2014 // Willis Group Holdings plc announced today that Willis Re Inc., its North American reinsurance business, has entered into a definitive agreement to acquire the assets of SurePoint Reinsurance Advisors, LLC, in Portland,...
