Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Business Risk Partners Launches Lloyd’s-Backed Miscellaneous E&O Form
Aug 19 2011 // Business Risk Partners (BRP) now offers a new standard professional liability (E&O) policy form for hundreds of service professions. Policies will be underwritten by Lloyd’s of London, the company’s partner...
California Software Firm Acquires Multifamily Insurance Group of Dallas
Aug 17 2011 // Santa Barbara, Calif.-based real estate management software firm Yardi has acquired Dallas-based Multifamily Insurance Group (MIG) in a move that allows it to provide renters insurance to its property owner clients. Yardi...
Insurance Australia Group to Acquire Stake in China’s Bohai Insurance
Aug 16 2011 // Insurance Australia Group Limited (IAG) announced it has agreed to acquire a 20 percent strategic interest in China’s Bohai Property Insurance Pty Ltd., a general insurer IAG said it would pay RMB687.5 million...
Tokio Marine to Acquire All of Hawaii’s First Insurance for $165 Million
Aug 15 2011 // Tokio Marine Holdings, Inc. is to become the sole shareholder of the largest Hawaii-based property and casualty insurance carrier. The Japanese insurer announced in Tokyo this week it has reached an agreement to acquire...
Exclusive: Unreported Insurance Mergers
Aug 15 2011 // Editor’s Note: This article originally appeared in Insurance Journal’s Satire Issue, August 15, 2011. The content in this issue is not real and is not to be taken seriously. It’s supposed to be humorous....
China Buys U.S. Surplus Lines Industry
Aug 15 2011 // Editor’s Note: This article originally appeared in Insurance Journal’s Satire Issue, August 15, 2011. The content in this issue is not real and is not to be taken seriously. It’s supposed to be humorous....
Arthur J. Gallagher Buys Alabama’s Robinson-Adams
Aug 12 2011 // Arthur J. Gallagher & Co. has acquired insurance brokerage operations of Robinson-Adams Insurance Inc. in Birmingham, Alabama. Terms of the transaction were not disclosed. The acquisition does not involve the...
SCOR Finalizes Acquisition of Transamerica Re
Aug 10 2011 // France’s SCOR Group announced that it has finalized the acquisition of the mortality portfolio, including the operational assets and personnel, of Transamerica Re, a division of The Netherlands-based AEGON. SCOR said...
Acentria Acquires Florida’s Concord Commercial Insurance
Aug 4 2011 // Destin, Florida-based insurance agency Acentria has acquired Concord Commercial Insurance Agency in Punta Gorda, Florida. Bob and Tyler Wilson along with their employees are joining Acentria and continue to offer...
Arthur J. Gallagher & Co. Acquires Group Benefits of Arkansas LLC
Aug 3 2011 // Itasca, Ill.-based insurance brokerage and risk management services firm Arthur J. Gallagher & Co. announced it has acquired Group Benefits of Arkansas LLC in Ft. Smith, Ark. Established in 2004, Group Benefits of...
Second Quarter Earnings Reports: PartnerRe
Aug 3 2011 //
Bankers Insurance Acquires Gateway Insurance
Aug 2 2011 // Bankers Insurance LLC, headquartered in Richmond, Va., has acquired Gateway Insurance Services, Inc., previously owned by Hampton Roads Bankshares Inc. Gateway Insurance Services Inc. has five offices in eastern North...
Hurricane Recovery Jobs Remain in Louisiana as Funding Drops
Aug 1 2011 // Louisiana is winding down its hurricane recovery programs, but Gov. Bobby Jindal’s administration hasn’t cut much of the staff assigned to the work, even as other agencies across state government have faced...
Montana Reminds Farmers to Buy Hail Insurance
Jul 29 2011 // Montana’s Department of Agriculture is reminding farmers that there is a state hail insurance program, and that the deadline to purchase the state insurance is fast approaching, news outlets in the state are...
Gallagher Acquires Georgia’s Potter-Holden
Jul 29 2011 // Illinois-based international insurance broker Arthur J. Gallagher & Co. has acquired Potter-Holden & Co. of Atlanta, Georgia. Terms of the transaction were not disclosed. Founded in 1918, Potter-Holden & Co. is...
PartnerRe Comments on Financial Impact of Q2 Losses
Jul 28 2011 // Bermuda-based PartnerRe Ltd. has provided information on the net impact of catastrophe-related large losses affecting second quarter 2011 results. Significant losses, related to the tornadoes that struck the U.S. in April...
More U.S. Lawsuits Target Chinese Reverse Mergers
Jul 26 2011 // Accounting debacles at U.S.-listed Chinese companies have prompted a surge of securities fraud lawsuits, but investors might have trouble recouping their losses even if they win. More than one-fourth of the 94 U.S....
Fremont Michigan Shareholders Approve Auto Club Merger
Jul 25 2011 // Shareholders of Fremont Michigan InsuraCorp Inc. have approved the previously announced merger agreement with Auto Club Insurance Association. Based upon the preliminary tally of shares voted at the special meeting of...
All Risks, Avondale Form Joint Venture to Provide Additional Capacity in Fla.
Jul 22 2011 // All Risks, Ltd. has formed a joint venture with Avondale Insurance Associates. All Risks will be able to provide its retail insurance agents and brokers with significant additional capacity in the state of Florida,...
USI Insurance Services Acquires Plumhoff & Associates
Jul 22 2011 // USI Insurance Services (USI), headquartered in Briarcliff, N.Y., has closed its acquisition of Plumhoff & Associates (Plumhoff), a Houston, Texas-based employee benefit brokerage firm specializing in corporate health...
