Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
H.W. Kaufman Financial Group Acquires US Reports
May 5 2010 // H.W. Kaufman Financial Group, a privately held company headed by Alan Jay Kaufman, has acquired Colorado-based US Reports Inc. – a national loss control inspection, premium audit and risk management services firm. US...
Networked Insurance Agents Acquires AmCom
May 4 2010 // Grass Valley, Calif.-based Networked Insurance Agents, a subsidiary of Strongwood Insurance Holdings Corp., has announced its acquisition of AmCom Insurance Services Inc. AmCom, established in 1996, is a full service...
Torus Acquires Glacier Insurance
May 4 2010 // Torus announced that it has acquired Glacier Insurance AG, a subsidiary of the Glacier Group. The transaction is expected to be completed in May, 2010, subject to relevant regulatory approvals. [See also A.M. Best’s...
PartnerRe Announces Retirement of President and CEO Patrick Thiele
May 4 2010 // Bermuda-based PartnerRe Ltd. announced that Patrick Thiele, the Company’s President and CEO, has decided to retire, effective December 31, 2010. He will also step down from the Company’s Board of Directors at...
Best Sees No Change in National Interstate’s Ratings on Vanliner Acquisition
May 4 2010 // A.M. Best Co. commented that the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of National Interstate Group and its members and the ICR of...
Mass. Court: Lease Agreement to Buy Insurance Trumps State Law
May 3 2010 // A lease agreement to buy insurance for a landlord trumps a state law that prohibits property owners from requiring tenants to indemnify landlords for their own negligence, Massachusetts highest court ruled. The decision...
AmWINS CEO DeCarlo on Colemont Merger, Texas and Going Global
May 3 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...
AmWINS CEO DeCarlo on Colemont Merger and Going Global
May 3 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...
AmWINS CEO DeCarlo on Colemont Merger, Texas and Going Global
May 3 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...
AmWINS CEO DeCarlo on Colemont Merger, Texas and Going Global
May 3 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...
Max Capital, Harbor Point Shareholders Approve ‘Merger of Equals’
Apr 30 2010 // Bermuda-based Max Capital Group and Harbor Point Limited, a privately held company, announced that their respective shareholders have voted in favor of all proposals necessary to consummate a merger of equals of Max and...
Wells Fargo Insurance Services Acquires AIM Administration Agency
Apr 30 2010 // Wells Fargo Insurance Services Inc., part of Wells Fargo & Co., has acquired AIM Administration Inc., a single office, employee benefits insurance brokerage firm located in Salt Lake City. The acquisition closed on...
Zenith Shareholders Approve Merger With Fairfax
Apr 30 2010 // Fairfax Financial Holdings Ltd. announced that Zenith’s shareholders voted (by 98.9 percent of the votes cast) in favor of Fairfax’s acquisition of Zenith for $38 cash per share. The merger remains subject to...
PartnerRe Oil Platform Disaster Loss Estimates Put at $60-$70 Million
Apr 30 2010 // Bermuda-based PartnerRe Ltd. announced preliminary estimates of expected claims, relating to the recent explosion of the Deepwater Horizon Drilling Platform in the Gulf of Mexico, as in “the range of $60-$70...
Norman-Spencer Acquires Pennsylvania-Based JC Stevens
Apr 29 2010 // Pennsylvania-based JC Stevens, a program underwriter specializing in cranes, has been acquired by Norman-Spencer for an undisclosed sum. “JC Stevens has a built a strong reputation as a quality underwriting and...
Florida’s 21st Century Drops Bid to Acquire HomeWise; Gets Rate Hike
Apr 28 2010 // Florida’s 21st Century Holding Co. has dropped its bid to acquire domestic property insurer HomeWise Holdings at the same time it reported that its own Florida property insurance unit it has received approval to...
National Interstate to Acquire Vanliner Insurance
Apr 27 2010 // National Interstate Corp., headquartered in Richfield, Ohio, announced that its principal insurance subsidiary, National Interstate Insurance Co., will acquire Fenton, Mo.-based Vanliner Insurance Co., a subsidiary of...
Equity Risk Partners Adds Blackmon
Apr 23 2010 // Equity Risk Partners (ERP), an insurance brokerage and employee benefits consulting firm focused exclusively on the needs of the private equity industry, has added Charles Blackmon as senior principal – Executive...
EPIC Acquires Jeffrey Stephens Insurance Services
Apr 22 2010 // EPIC (Edgewood Partners Insurance Center) announced it has acquired Jeffrey Stephens Insurance Services (JSIS), a retail insurance brokerage based in San Rafael, Calif. JSIS was established in 1993 by founder and principal...
Court Says Stockholders Can Vote on Fairfax-Zenith Insurance Merger
Apr 22 2010 // Zenith National Insurance Corp. announced today that the Delaware Court of Chancery, ruling from the bench after hearing arguments from plaintiffs who had filed actions in both Delaware and California, has denied the...
