Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
South Carolina’s Companion P&C to Be Acquired by Enstar Group
Aug 27 2014 // Enstar Group Limited in Bermuda said Tuesday it has entered into a definitive agreement to acquire Companion Property and Casualty Insurance Company from Blue Cross and Blue Shield of South Carolina. The total...
German Insurers Weigh Funding to Plug Merkel Infrastructure Gap
Aug 27 2014 // Germany’s insurers said they may back a government call to invest in infrastructure to help cover an annual €7 billion ($9.23 billion) taxpayer shortfall to repair roads and bridges. The GDV, the Berlin-based group...
N.Y.’s Long Island Areas to Get $16M in Flood-Buffer Funding
Aug 26 2014 // Several areas on Long Island in New York State will get about $16 million in federal funding to buy storm-damaged properties and turn them into flood buffers. Newsday says the funding includes $9.9 million for Amagansett,...
NFP Acquires Cincinnati, Ohio-Based Benefit Resources
Aug 22 2014 // National Financial Partners Corp. (NFP), a provider of benefits, property/casualty and life insurance, and wealth management services, announced it has acquired Benefit Resources Inc., a Cincinnati-based insurance...
Allied World to Acquire RSA’s Hong Kong, Singapore Operations
Aug 22 2014 // Allied World Assurance Company Holdings, AG announced that one of its operating units, Allied World Assurance Company, Ltd. has reached definitive agreements to acquire the Hong Kong and Singapore operations of Royal &...
A.P. Michaud Acquires Nancy Greenwood Agency in Massachusetts
Aug 20 2014 // A.P. Michaud Insurance Agency Inc., an independent insurance agency in Methuen, Massachusetts, announced the acquisition of Nancy Greenwood Insurance Agency, also based in Methuen. Terms of the transaction were not...
NFP Acquires 2 Agencies in New England
Aug 19 2014 // National Financial Partners Corp. (NFP) announced the acquisitions of two independent insurance agencies in New England: Poulos Insurance Inc. and Altus Specialty Group LLC. Terms were not disclosed. NFP said the...
USI to Acquire 7 Willis Retail Brokerage Locations Across U.S.
Aug 18 2014 // USI Insurance Services announced it has entered into an agreement with certain subsidiaries of Willis North America Inc., part of Willis Group Holdings, to acquire seven of Willis’ retail insurance brokerage...
Ladenburg Thalmann to Acquire KMS Financial Services in Washington
Aug 13 2014 // Ladenburg Thalmann Financial Services Inc. has signed a definitive agreement to acquire KMS Financial Services Inc., a Seattle, Wash.-based independent broker-dealer and investment advisor with a strong presence in the...
AXA to Buy $450 Million Stake in U.K. Mall from Land Securities
Aug 13 2014 // AXA SA’s property unit agreed to buy a 50 percent stake in a shopping mall and other assets in the English city of Bristol from Land Securities Group Plc for £267.8 million ($450 million). The purchase of Cabot...
Arthur J. Gallagher Acquires Cowles & Connell in N.Y.
Aug 12 2014 // Arthur J. Gallagher & Co. announced the acquisition of Cowles & Connell based in Brewster, New York and Meriden, Connecticut. Terms of the transaction were not disclosed. Established in 1892, Cowles &...
Tiptree Financial to Acquire Insurance Services Firm Fortegra for $218M
Aug 12 2014 // Holding company Tiptree Financial Inc. said it will acquire Fortegra Financial Corp., a Florida-based insurance services firm, in an all cash transaction valued at approximately $218 million. In the transaction,...
AJ Gallagher Acquires Assets of Caribbean Broker Minvielle & Chastanet
Aug 12 2014 // Arthur J. Gallagher & Co. announced that it has acquired certain assets of Minvielle & Chastanet Insurance Brokers located in the eastern Caribbean. Terms of the transaction were not disclosed. The bulletin...
Coverys to Acquire ELM Exchange in Maryland
Aug 11 2014 // Coverys, a Boston-based medical professional liability insurer, announced it has finalized an agreement to acquire ELM Exchange Inc. in Rockville, Maryland. ELM provides customized online educational programs that are...
Arthur J. Gallagher Acquires Missouri-Based Travel Insurance Agency
Aug 11 2014 // Arthur J. Gallagher & Co. has acquired Trip Mate Inc., based in Kansas City, Mo. Established in 1989, Trip Mate is a full service travel insurance agency that provides a wide variety of travel protection plans and...
Missouri Voters Deny Highway Funding; Officials Fear Rise in Fatalities
Aug 8 2014 // Missouri transportation officials warned of a potential rise in traffic fatalities and bridge closures, after voters defeated a sales tax hike that would have funded hundreds of highway and transportation projects across...
Integro’s Entertainment Practice Acquires London Based Stonehouse Conseillers
Aug 8 2014 // International insurance brokerage and risk management firm Integro has announced its acquisition of Stonehouse Conseillers Ltd., “a London based specialist insurance broker servicing the needs of commercial film...
Aon Acquires Peru-based Graña y Asociados to Bolster Latin American Presence
Aug 7 2014 // Aon Risk Solutions, the global risk management business of Aon plc, announced the acquisition of Graña y Asociados, a Lima, Peru-based leader in risk and insurance solutions for individuals and businesses. Financial terms...
‘Robust’ Activity Ahead for Agency M&As, Says OPTIS
Aug 6 2014 // There were 165 announced merger and acquisition transactions of insurance agencies in the U.S. and Canada in the first six months of 2014, a jump of nearly 40 percent over the same period in 2013. Also, according to an...
Norman-Spencer Acquires Northern Star Management in N.J.
Aug 6 2014 // Norman-Spencer Agency Inc., a Dayton, Ohio-based national insurance provider and program administrator, has completed the acquisition of Northern Star Management Inc. Based out of New Jersey since 1997, Northern Star has...
