Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Berkshire Hathaway to Buy Back Shares
Sep 26 2011 // Warren Buffett’s conglomerate Berkshire Hathaway said it will launch a share buyback program, an extremely rare move from Buffett that comes after months of investor complaints that the stock was...
Ryan Specialty Completes Acquisition of Lloyd’s Insurer Jubilee
Sep 26 2011 // Ryan Specialty Group, LLC (RSG) announced that it has completed the acquisition of specialist Lloyd’s insurer Jubilee Group Holdings Limited, “which currently operates two active Syndicates at Lloyd’s, a...
McLarens Young Acquires Washington Oregon Claim Service
Sep 23 2011 // McLarens Young International has acquired Washington Oregon Claim Service, a middle market claims adjusting firm in the Pacific Northwest. The acquisition is Atlanta-based MYI’s first step into the U.S. middle...
Ryan Specialty Group Completes Acquisition of Specialist Lloyd’s Insurer
Sep 23 2011 // Ryan Specialty Group LLC (RSG), based in Chicago, has completed the acquisition of specialist Lloyd’s insurer Jubilee Group Holdings Limited (Jubilee), the company announced. Jubilee currently operates two active...
USI Acquires Florida’s de la Parte Agency
Sep 23 2011 // Insurance broker USI Insurance Services has acquired de la Parte & Associates, a Tampa, Florida, employee benefits and insurance consulting firm. Terms of the transaction were not disclosed. Kim M. de la Parte, CEO and...
BB&T to Acquire Liberty Benefit in California
Sep 22 2011 // BB&T Insurance Services is acquiring San Jose-based Liberty Benefit Insurance Services. Liberty will operate as BB&T-Liberty Benefit Insurance Services. The acquisition adds 25 employees to BB&T Insurance...
House Defeats Bill Funding Government; FEMA, Flood Insurance in Doubt
Sep 22 2011 // The House of Representatives unexpectedly defeated a bill that would fund the federal government [including the federal flood insurance program] past Sept. 30 Wednesday as dozens of Republicans broke with their party to...
Selective to Acquire Montpelier Re E&S Unit for $55M
Sep 21 2011 // Selective Insurance Group is acquiring Montpelier U.S. Insurance Company (acronym MUSIC), an excess-and-surplus lines unit from Montpelier Re U.S. Holdings Ltd., for $55 million. Selective said the deal would be completed...
U.S. Risk Acquires American Special Risk of California
Sep 21 2011 // Woodland Hills, Calif.-based American Special Risk Insurance Services has been acquired by managing general agency and surplus line wholesaler U.S. Risk Insurance Group Inc. American Special Risk is a managing general...
USI Insurance Acquires Ohio’s First Place Insurance Agency
Sep 21 2011 // New York-based USI Insurance Services has acquired substantially all of the assets of First Place Insurance Agency Ltd. (First Place Insurance) of Youngstown, Ohio, from First Place Financial Corp. USI has also entered...
AssuredPartners Acquires Kentucky-Based Agency Neace Lukens
Sep 21 2011 // Florida-based AssuredPartners Inc. has acquired the Neace Lukens, a Kentucky-based insurance agency, as part of a plan to build a national insurance brokerage firm. AssuredPartners is a member company of GTCR, a Chicago...
Associated Builders and Contractors, CNA Partner to Advance Construction Safety
Sep 20 2011 // Associated Builders and Contractors (ABC) and CNA’s Construction unit have partnered to advance industry best practices in the field of construction safety. During this three-year partnership, scheduled to launch...
Torus Acquires Broadgate, Lloyd’s Syndicate 1301
Sep 20 2011 // Specialty insurer Torus has confirmed that it has “entered into an agreement with Clal Insurance Enterprises Holdings Limited to acquire London-based Lloyd’s Syndicate 1301 and its corporate members Broadgate...
Whittington Sells UK Business to Finance Asia Expansion
Sep 20 2011 // Whittington Group, the Singapore-based international insurance investor, announced it has reached a definitive agreement to sell its London businesses to a consortium, comprising Tawa Plc, Skuld, and Paraline Group, Ltd.,...
Wells Fargo Insurance Acquires New Jersey-Based Procomp
Sep 16 2011 // Wells Fargo Insurance Services has acquired Procomp Benefit Resources Inc., an employee benefits brokerage and consulting firm based in Hazlet, N.J. Terms of the transaction were not disclosed. The acquisition will allow...
Virginia-based Hilb Group Acquires Venture Specialty Insurance
Sep 16 2011 // The Hilb Group, a Glen Allen, Va.-based holding company that focuses on acquiring mid-market agencies, has purchased Venture Specialty Insurance. The Richmond, Va.-based Venture Specialty is an all-lines agency with two...
Allied World, Transatlantic Call off Merger Deal
Sep 16 2011 // Reinsurers Allied World Assurance Co. Holdings Ltd and Transatlantic Holdings Inc. called off their merger Friday in the face of overwhelming opposition, leaving Transatlantic to decide between two larger, unsolicited...
Alteris Buys Winery Insurer S.N. Potter
Sep 15 2011 // Alteris Inc., a services provider for the managing general agency community, has acquired the operating assets of winery insurance specialist Lodi, Calif.-based S.N. Potter Insurance Agency Inc. The acquisition of the...
Arthur J. Gallagher & Co. Acquires The BeneTex Group
Sep 15 2011 // Arthur J. Gallagher & Co., headquartered in Itasca, Ill., has acquired The BeneTex Group Inc., an employee benefit broker in Georgetown, Texas. Founded in 1992, The BeneTex Group offers a full range of group employee...
Hub International to Acquire Canadian Broker Horizon Insurance
Sep 15 2011 // Hub International Limited announced that it has entered into a definitive agreement to acquire the operations of Horizon Insurance, LP. , a full service insurance brokerage firm headquartered in Manitoba. The acquisition...
