Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Growth Through Acquisitions Highlight Quarter for 2 CAA Member Agencies
Jul 27 2012 // Combined Agents of America LLC (CAA) announced that two member agencies — Duncan, Fraser & Bridges Insurance Agency Inc. (DFB) and Pinnacle Insurance Group Inc. — have grown through recent acquisitions totaling...
Digital Insurance Acquires DSG Benefits Group in Dallas
Jul 27 2012 // Employee benefits-only agency, Digital Insurance, has acquired DSG Benefits Group in Dallas. The acquisition marks the company’s debut in the Texas market. The Dallas firm now operates under the banner of Digital...
Bankrupt Dewey Law Firm Pitches New Deal to Ex-Partners
Jul 27 2012 // Bankrupt law firm Dewey & LeBoeuf revised its settlement offer to former partners on Thursday, dropping its potential recovery to $90.4 million from $103.6 million. The estate is seeking the money from the former...
USI Insurance Services Acquires Kelly Insurance Brokerage in New York
Jul 24 2012 // USI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., completed its acquisition of New York-based Kelly Insurance Brokerage Inc. Terms of the transaction were not...
FEMA Backing Away From Vermont Funding Assurance
Jul 23 2012 // A top state official stunned lawmakers last Friday with the announcement that the Federal Emergency Management Agency apparently was backing away from funding assurances to help replace the Vermont State Hospital and...
Maine-Based Insurance Firm Buys Naming Rights to New Bangor Arena
Jul 23 2012 // The City of Bangor, Maine, announced last Friday that its new 8,000-seat multi-purpose sports and entertainment venue currently under construction will be named the Cross Insurance Center as a result of a new, long-term...
Pennsylvania Dentists Now Required to Buy Liability Insurance
Jul 23 2012 // Pennsylvania Gov. Tom Corbett signed into law late last month Senate Bill 388 that mandates all dentists in the state to purchase professional liability insurance. Pennsylvania is now one of 10 states in the country...
Bolton Acquires Reaume
Jul 20 2012 // Pasadena, Calif.-based Bolton & Company has joined forces with Reaume Financial Group, an independent insurance agency providing employee benefit services in Southern California. As part of the transaction, Reaume...
CoVerica Acquires Assets of Dallas-Based Unimark Insurance
Jul 19 2012 // Dallas-based insurance agency, CoVerica Inc., has acquired the property and casualty insurance assets of Unimark Insurance, also located in Dallas. Founded 41 years ago, Unimark is commercial property and casualty agency...
Keystone Adds 3 Agency Partners in Georgia
Jul 19 2012 // Keystone Insurers Group has added three agency partners in Georgia, bringing its total in the state to five. They newest partners are Burch Insurance Agency of Hiawassee; Worth Insurance Agency of Sylvester; and Zorn &...
Under New Law, Penn. Dentists Now Required to Buy Liability Insurance
Jul 13 2012 // Pennsylvania Gov. Tom Corbett signed into law late last month Senate Bill 388 that mandates all dentists in the state to purchase professional liability insurance.Under new law, Pennsylvania dentists are now required to...
Arthur J. Gallagher Buys Employee Benefits Broker Triad USA in Penn.
Jul 13 2012 // Itasca, Ill.-headquartered global insurance broker Arthur J. Gallagher & Co. said it acquired Pittsburgh-based Triad USA Inc. Terms of the deal were not disclosed. Formed in 1998, Triad USA offers employee benefits...
Dewey & LeBoeuf Seeks $104 Million From Ex-Partners
Jul 12 2012 // Dewey & LeBoeuf offered on Wednesday to drop potential claims against former partners if they collectively shell out up to $103.6 million to the estate of the largest U.S. law firm ever to declare bankruptcy. Joff...
PartnerOne, Berkley Environmental to Offer Site Pollution Liability
Jul 12 2012 // PartnerOne Environmental , an underwriting division of Beacon Hill Associates’, is now working in partnership with Berkley Environmental, a dvision of Berkley Specialty Underwriting Managers, to offer site pollution...
GCube, Assurant Partner on Solar Project Insurance Program
Jul 12 2012 // GCube Insurance Services, Inc., the a provider of insurance for the renewable energy industry and Assurant, Inc., a provider of specialty insurance, have signed a distribution agreement to provide U.S. commercial solar...
Penn.-Based Partners Specialty’s President Assumes Additional COO Role
Jul 11 2012 // Partners Specialty Group LLC, a nationwide independent wholesale brokerage headquartered in Horsham, Penn., said its president Maureen Caviston will assume an additional role of chief operating officer.Maureen...
Marsh & McLennan Agency Acquires Security Insurance Services
Jul 11 2012 // Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., announced the acquisition of Security Insurance Services Inc., one of the largest insurance agencies in Wisconsin. Established in 1983,...
WellPoint to Buy Amerigroup for $4.46 Billion
Jul 9 2012 // Health insurer WellPoint Inc. will buy rival Amerigroup Corp. for about $4.46 billion to create a company that will serve 4.5 million beneficiaries of Medicare and Medicaid health care programs. The $92-per-share cash...
Catalina Holdings Acquiring Two Insurance Operations from HSBC
Jul 9 2012 // Catalina Holdings (Bermuda) Ltd. announced that it has signed a definitive agreement to acquire two legacy businesses, HSBC Reinsurance Limited and HSBC Insurance (Ireland) Limited from HSBC Holdings plc, “subject...
InPro Insurance Group Acquires Industrial Insurance Services
Jul 6 2012 // InPro Insurance Group, a Troy, Mich.-based independent insurance agency, has acquired Industrial Insurance Services Inc. of Troy. Through the agreement, the Industrial Insurance Services’ team and book of health...
