Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Mayer Brown Adds Woods As Partner And Global Co-Leader
Apr 9 2012 // Global law firm Mayer Brown named veteran insurance regulatory advisor James R. Woods as a partner and a co-leader of the global Insurance Industry Group. Also a member of Mayer Brown’s corporate and securities...
IAG Malaysia Partner Gets Regulatory Approval for Kurnia Insurans Deal
Apr 6 2012 // The Insurance Australia Group Limited (IAG) announced that its 49 percent-owned Malaysian associate, AmG Insurance Berhad, has received regulatory approval for a possible acquisition of Kurnia Insurans (Malaysia) Berhad,...
Workers’ Comp Insurer BrickStreet Acquires PennCommonwealth
Apr 5 2012 // Workers’ compensation insurance provider BrickStreet Insurance has acquired a Pennsylvania workers’ compensation company. Charleston, W.Va.-based BrickStreet announced its acquisition of Canonsburg, Penn.-based...
Brown & Brown of California Acquires D. Bezona & Company Assets
Apr 3 2012 // Orange, Calif.-based Brown & Brown Insurance Services of California Inc. acquired substantially all of the assets of D. Bezona & Company Insurance Services Inc. in Santa Rosa. Brown & Brown Insurance Services...
Ryan Specialty Group to Acquire WKFC Underwriting Managers in New York
Apr 3 2012 // Chicago-based Ryan Specialty Group said its subsidiary RSG Underwriting Managers is acquiring WKFC Underwriting Managers in New York. Terms of the transaction were not disclosed.Ryan Specialty Group CEO Patrick G....
BB&T Completes $570M Acquisition of Crump Insurance Units
Apr 3 2012 // BB&T Corp., a major regional bank and insurance broker based in Winston-Salem, N.C., said it completed the previously announced acquisition of insurance businesses from Roseland, N.J.- based insurance wholesaler Crump...
North Carolina’s Red Ventures Buys HomeInsurance.com
Apr 3 2012 // Charlotte, North Carolina-based technology firm Red Ventures has acquired the online homeowners insurance site, HomeInsurance.com. HomeInsurance.com, based in Wilmington, N.C., offers competitive quotes on home insurance...
Marsh Acquires Cosmos Services, a U.S. Brokerage Unit of Itochu Corp.
Apr 2 2012 // Marsh, a wholly-owned subsidiary of New York-based Marsh & McLennan Companies, acquired Cosmos Services (America) Inc., the U.S. insurance brokerage subsidiary of global trading firm Itochu Corporation. Terms of the...
N.J.-based Broker Bollinger Acquires Creative Agency Group
Mar 29 2012 // Short Hills, N.J.-based insurance broker Bollinger acquired Creative Agency Group in Holmdel, N.J. Creative Agency Group specializes in program business — specifically golf and county clubs, health and fitness clubs,...
Liberty Mutual Acquires KIT Finance, Enters Russian Auto Insurance Market
Mar 29 2012 // Liberty Mutual, one of the largest insurance companies in the world, said it would enter the Russian market with a deal to acquire KIT Finance Insurance, which primarily writes auto coverage in St. Petersburg and...
Southeast Non-Standard Auto Insurer Peachtree Acquired by California Firm
Mar 29 2012 // A Florida domiciled auto insurer that provides coverage to 18,000 drivers in the state and Georgia has been acquired by California equity firm looking to enter the non-standard market. Peachtree Casualty Insurance Co. is...
Conn.-based Research Firm MKM Partners Hires Insurance Analyst
Mar 28 2012 // MKM Partners, a research firm, appointed industry veteran Harry Fong as executive director in its equity research department to cover insurance companies. Fong is an experienced insurance analyst with strong corporate and...
K2 Acquires Majority Stake in Midwestern
Mar 27 2012 // San Diego, Calif.-based managing general agent K2 Insurance Services LLC has acquired a majority stake in Midwestern Insurance Alliance Inc., an MGA based in Louisville, Ky. that underwrites workers’ compensation...
CNA Inks Deal to Acquire Hardy Underwriting for $227 Million
Mar 22 2012 // Chicago-based CNA Financial Corporation and Hardy Underwriting Bermuda Limited announced that they have agreed to terms on a cash acquisition by CNA of all of the common shares of Hardy. “The acquisition is to be...
The Kirksey Agency Joins Louisiana Agency Partners
Mar 22 2012 // Louisiana Agency Partners (LAP) announced that The Kirksey Agency in West Monroe, La., has become the 12th member agency of the Louisiana-based network of independent insurance agencies. According to Joe Cunningham Jr.,...
Hartford Bows to Shareholder Paulson, Sells Most Life Insurance Units
Mar 21 2012 // The Hartford Financial Services Group yielded to demands from its biggest shareholder, famed hedge fund manager John Paulson, and said on Wednesday that it would get rid of most of its life insurance-related...
Massachusetts Lawyers, Judges Lobby for More Court Funding
Mar 21 2012 // Lawyers and judges warned lawmakers on Monday that budget constraints on the state’s judiciary are imperiling the delivery of justice and compromising security in its courts. Robert Mulligan, chief justice for...
Poms Acquires Stone, Harris & Stone in California
Mar 19 2012 // Woodland Hills, Calif.-based Poms & Associates Insurance Brokers Inc. acquired Stone, Harris & Stone, a division of Brown and Brown. Stone, Harris & Stone has provided commercial and personal insurance services...
A. J. Gallagher Acquires Canadian Broker BenefitLink Resource Group
Mar 19 2012 // Arthur J. Gallagher & Co. announced the acquisition of BenefitLink Resource Group, Inc., in Calgary, Canada. Terms of the transaction were not disclosed. The bulletin said BenefitLink was established in 2001, as an...
Vermont, FEMA Join Forces to Buy Out Flood-Prone Properties
Mar 16 2012 // Vermont and the Federal Emergency Management Agency are joining to put $19.8 million toward buying out properties that are prone to flooding. Gov. Peter Shumlin, U.S. Rep. Peter Welch and other officials traveled to...
