Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Equity Risk Partners-Texas Adds Viracola to Managment Team
Dec 6 2010 // Dallas-based Equity Risk Partners-Texas (ERP-Texas) has appointed Michael T. Viracola as director of Business Development. ERP-Texas was recently established as a joint venture between insurance brokers Equity Risk...
Risk Strategies Completes Merger Of Cohn-Reid-O’Neill Insurance Services
Dec 6 2010 // Risk Strategies Co. (RSC), a national insurance brokerage and risk management firm based in Boston, has completed the merger of Cohn-Reid-O’Neill Insurance Services Inc. (CRO) in Burlingame, Calif., with its West...
Insurance Mergers Complicated by Economy, Low Valuations, Hidden Risks
Dec 5 2010 // With organic growth difficult in the current economy and soft market, there could be an increase in insurance industry merger and acquisition activity over the next 12 to 18 months, according to mergers and acquisitions...
Insurance Mergers Complicated by Economy, Low Valuations, Hidden Risks
Dec 5 2010 // With organic growth difficult in the current economy and soft market, there could be an increase in insurance industry merger and acquisition activity over the next 12 to 18 months, according to mergers and acquisitions...
ReSource Intermediaries Acquires Reinsurance Advisory Services
Dec 3 2010 // ReSource Intermediaries Inc. has acquired San Francisco-based Reinsurance Advisory Services Inc. (RAS). Financial details of the transaction were not disclosed. RAS, a risk advisor and reinsurance intermediary focused on...
Genex Completes Intracorp Acquisition
Dec 2 2010 // Pennsylvania-based Genex has completed its acquisition of Cigna’s workers’ comp and disability case management business. The acquisition of the business unit, International Rehabilitation Associates Inc., was...
Brown & Brown Acquires Ruland & Mattingley Insurance Services Assets
Dec 2 2010 // C. Roy Bridges, regional president of Daytona Beach, Fla.-based Brown & Brown Inc. and Lloyd S. Ruland III and Philip M. Ruland, shareholders of Ruland & Mattingley Insurance Services Inc. of Laguna Hills, Calif.,...
Zurich Completes Acquisition of Lebanese Insurer
Dec 2 2010 // Zurich Financial Services Group announced today that its subsidiary, Zurich Insurance Company Ltd, has completed the acquisition of 99.99 percent of Compagnie Libanaise D’Assurances SAL, a privately owned Lebanese...
Arthur J. Gallagher Acquires Illinois’ Premier Risk Services
Dec 2 2010 // Arthur J. Gallagher & Co. has acquired Premier Risk Services Inc. in Itasca, Ill. Terms of the transaction were not disclosed. Formed in 1986, Premier Risk Services is a retail insurance broker providing commercial...
Goss Re Adds Conrad as Partner
Dec 1 2010 // Goss Reinsurance Brokers LLC, a privately owned reinsurance intermediary firm headquartered in Dallas, Texas, has added Kirk Conrad as partner in the firm. He will lead Goss Re’s quantitative analysis effort...
United Fire Acquiring Mercer Insurance Group
Dec 1 2010 // Iowa-based insurer United Fire & Casualty will acquire New Jersey-based Mercer Insurance Group in a deal valued at $191 million The merger, which is expected to close in the first quarter of 2011, calls for Mercer...
Florida’s Brightway Insurance Acquires Orange Park Agency
Nov 29 2010 // Brightway Insurance recently acquired General Insurance Concepts, a 20-year-old property and casualty insurance agency offering personal and commercial lines of insurance. The company’s offices, located in Orange...
Columbus, Ohio, OKs Benefits for City Workers’ Partners
Nov 29 2010 // Ohio’s largest city will offer domestic partner benefits to its employees a dozen years after a similar plan was canceled under public pressure. The Columbus City Council has approved health insurance coverage for...
Breckenridge Buys St. Louis Wholesale Broker IPSICO
Nov 24 2010 // Ohio-based wholesale insurance broker and program administrator Breckenridge Insurance Services has acquired the assets of International Placement Services, LC (IPSICO), a wholesale insurance brokerage firm in St. Louis....
Brown & Brown Acquires Indiana’s Mavum Consulting
Nov 24 2010 // National insurance broker Brown & Brown has acquired the assets of Mavum Consulting, LLC and Mavum Risk Management, LLC of Indianapolis. With annualized revenues of approximately $1.3 million, Mavum Consulting and...
NYMAGIC Shareholders OK Merger
Nov 23 2010 // Shareholders of NYMAGIC approved its acquisition by ProSight Specialty Insurance Holdings Inc. at a special meeting yesterday, clearing the way for the insurance holding firm to become part of ProSight. The merger valued...
USI Acquires Kinloch’s New Jersey Business
Nov 23 2010 // New York-based insurance broker USI Holdings has acquired the New Jersey operation of Kinloch Holdings Inc. The unit, based in West Orange, New Jersey, specializes in commercial property casualty and employee benefits...
Hub International to Acquire Assets of Byars Thompson Buchanan Insurance
Nov 23 2010 // Chicago-based Hub International Ltd., an insurance brokerage firm, announced that it has signed a definitive agreement to acquire the assets of Byars Thompson Buchanan Insurance & Financial Services LLC, a Santa Maria,...
CIS Group Acquires Indiana’s Cornerstone Appraisal
Nov 22 2010 // CIS Group LLC, a subsidiary of CIS Holdings LLC and an affiliate of CEP, has completed its acquisition of Cornerstone Appraisal Services of Valparaiso, Indiana. This acquisition marks the third property inspection services...
A.J. Gallagher Acquires Behnke & Co.
Nov 19 2010 // Arthur J. Gallagher & Co. has acquired Behnke & Co. Inc., a retail insurance broker headquartered in Decatur, Ill. Terms of the transaction were not disclosed. Established in 1983, Behnke & Co. provides...
