Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Blackmoor Acquires Penn. Branch of Connecticut Underwriters
Feb 3 2014 // Blackmoor General Agency of Horsham, Penn., has acquired the Pennsylvania branch of Connecticut Underwriters, an independent excess and surplus lines broker in Middletown, Conn., effective Feb. 1, 2014. The business and...
Marsh & McLennan Agency Acquires Barney & Barney in California
Feb 3 2014 // Marsh & McLennan Agency LLC has acquired San Diego, Calif.-based Barney & Barney LLC. Terms of the deal were not disclosed. Barney & Barney is a provider of insurance, risk management and employee benefits to...
Program Brokerage Corp. Acquires South Carolina’s Sirles
Feb 3 2014 // Program Brokerage Corp. (PBC), a wholesale subsidiary of insurance broker Hub International Limited (Hub), sad it has acquired the assets of Sirles Insurance Group Inc., a South Carolina-based commercial insurance...
Great American, Kapatoes Insurance to Partner on Retail Health Store Program
Feb 3 2014 // Great American Insurance Group’s Alternative Markets Division has teamed with Kapatoes Insurance Services to offer specialized insurance to retail health food and vitamin stores. The new offering through Great...
Arch Capital Closes Acquisition of CMG Mortgage Insurance, PMI Operating Platform
Jan 31 2014 // The Bermuda-based Arch Capital Group Ltd. (ACGL) announced that its “U.S.-based subsidiaries (Arch U.S. MI) have completed the acquisition of CMG Mortgage Insurance Company (CMG MI) and the mortgage insurance...
Oklahoma-Based INSURICA Acquires Joe West Co., Related Agencies
Jan 30 2014 // INSURICA Insurance Management Network, based in Oklahoma City, has acquired Tulsa-area agency, Joe West Company, and related agencies, Lon T. Jackson Agency and McMasters Insurance Counselors/Keystone Insurance Agency,...
Sunderland Marine Members Vote for Merger with North of England P&I Club
Jan 30 2014 // UK-based P&I Club Sunderland Marine (SMMI) announced that its members “voted strongly in favor” of the proposed merger with North of England P&I Club at an Extraordinary General Meeting held on January...
USI Acquires Travers, O’keefe & Associates in New York
Jan 28 2014 // USI Insurance Services announced the closing of the acquisition of Travers, O’keefe & Associates Inc., headquartered in New York. Terms of the transaction were not disclosed. Travers, O’keefe’s...
KKR to Buy Majority Stake in Claims Firm Sedgwick for $2.4 Billion
Jan 27 2014 // Sedgwick Claims Management Services Inc. said KKR & Co. LLP and company management would buy the provider of claims services for $2.4 billion, the latest in a wave of private-equity activity in the growing industry. A...
Berkshire Hathaway Specialty Insurance to Acquire MyAssist and Insure America
Jan 27 2014 // Berkshire Hathaway Specialty Insurance said it has agreed to purchase the assets of MyAssist Inc., a live-agent personal concierge and telematics service provider, and Insure America LLC, a niche program administrator that...
Homeowners Choice Sells First Flood Policy in Florida
Jan 24 2014 // Homeowners Choice Property & Casualty Insurance Co., Inc., a Florida based provider of admitted homeowners insurance and wholly-owned insurance subsidiary of HCI Group, Inc., is now selling flood insurance to existing...
AssuredPartners Enters West Virginia, Acquiring Commercial Insurance Services
Jan 24 2014 // Florida-based AssuredPartners Inc. said it has completed the acquisition of Commercial Insurance Services through its newly formed operation AssuredPartners of West Virginia. Terms were not disclosed. The Commercial...
JLT Acquires Hong Kong-based Lambert Brothers Holdings
Jan 24 2014 // Jardine Lloyd Thompson Group announced that its Asia business has acquired Hong Kong-based Lambert Brothers Holdings Limited (LBH). The bulletin noted that “LBH has been an independent insurance and employee benefits...
Pacific Trade Partners Working on Final Stages for Agreement: U.S. Official
Jan 24 2014 // Pacific Rim trading partners are working to resolve the last thorny issues in sealing an ambitious free trade pact and are likely to have further high-level talks next month, a senior U.S. trade official said on...
Willis Acquires Benefits Division of Alabama’s Capital Strategies Group
Jan 23 2014 // Willis North America said it has acquired the employee benefits consulting division of Birmingham, Alabama-based Capital Strategies Group Inc. Capital Strategies Group’s employee benefits consulting division, led by...
Munich Re to Buy Hartford Steam Boiler Unit’s Headquarters Building in Conn.
Jan 23 2014 // Munich Re, the world’s largest reinsurer, said its Hartford Steam Boiler agreed to buy the 24-story building that serves as the unit’s headquarters. The structure at One State Street in Hartford, Connecticut,...
Altitude Risk Partners Launches 1st Underwriting Cell on Castel’s MGA Platform
Jan 23 2014 // Castel Underwriting Agencies Limited, a member of the Barbican Insurance Group, announced that Altitude Risk Partners has become the first underwriting cell to utilize its “club-style” MGA platform to create a...
Keystone Insurers Group Names Five New ‘Pioneer’ Partners in Illinois
Jan 22 2014 // Keystone Insurers Group named five new franchise partners in Illinois, completing its list of “Pioneer Partners” — the first 10 agencies in the state to join the property/casualty insurance network....
Risk Strategies Acquires Singer Nelson Charlmers in New Jersey
Jan 22 2014 // Risk Strategies Co., a national insurance brokerage and risk management firm based in Boston, announced it has acquired Singer Nelson Charlmers, a Teaneck, N.J.-based insurance brokerage firm providing coverages in...
Bolton & Co. Acquires Rick Gombar Insurance in California
Jan 17 2014 // Bolton & Co. has acquired Los Angeles-based Rick Gombar Insurance Services Inc., an independent insurance agency that provides professional protection for the security industry. As part of the transaction, Rick Gombar,...
