Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Aon Sub Acquires Israeli Broker Fredy & Ilan Beck
Aug 29 2006 // Aon Aminim, a unit of Aon International, headquartered in Tel Aviv, Israel, announced that it has acquired the business of Fredy & Ilan Beck Insurance Brokers in Haifa, Israel, subject to approval of the relevant...
CIGNA to Acquire Interest in Thai Charoen Insurance
Aug 28 2006 // CIGNA International announced from Bangkok that it will acquire an interest in Thai Charoen Insurance Public Company Limited (TCI), a member of the Thai Charoen Commercial Group, which provides non-life insurance products...
BB&T to Acquire Two Mellon-Owned Premium Finance Cos.
Aug 24 2006 // BB&T Corporation principal subsidiary Branch Banking and Trust Company has entered into a purchase agreement to buy insurance premium finance company AFCO Credit Corporation and its Canadian affiliate, CAFO Inc., from...
Southeast TPA David Morse Buys ISAC
Aug 22 2006 // David Morse & Associates, providers of third-party administrator services, field adjusting services, specialty claims services, and fraud investigations, has announced that Insurance Servicing & Adjusting Company...
Georgia’s Britt/Paulk Says It’s Looking to Acquire Brokers
Aug 22 2006 // Britt / Paulk Insurance Agency, Inc., a privately held program administrator in Carrollton, Georgia, , has announced plans for growth through acquisition. Britt / Paulk has engaged LMC Capital LLC, an insurance investment...
Crawford Acquires TPA Broadspire Services for $150M
Aug 22 2006 // Insurance claims management firm Crawford & Company and Platinum Equity have signed a deal under which Crawford will acquire Platinum’company Broadspire Services, a third-party administrator. Broadspire...
Gray-Stone & Co. Acquires Cascade General Agency/ Amstar E&S
Aug 22 2006 // Gray-Stone & Co, Thousand Oaks, Calif., has acquired the accounts of Cascade General Agency Inc./Amstar E&S in Moorpark, Calif. The Moorpark office has closed. A number of the former employees are now working at...
Brokers experience ‘exceptional’ second quarter; vigorous M&A activity
Aug 21 2006 // Stock Price Activity: Exceptional 2006 second quarter earnings reports had a positive impact on broker stock prices in July. Companies such as Brown & Brown (NYSE:BRO), Arthur J. Gallagher & Co. (NYSE:AJG), and...
Brokers experience ‘exceptional’ second quarter; vigorous M&A activity
Aug 21 2006 // Stock Price Activity: Exceptional 2006 second quarter earnings reports had a positive impact on broker stock prices in July. Companies such as Brown & Brown (NYSE:BRO), Arthur J. Gallagher & Co. (NYSE:AJG), and...
Chicago Fort Dearborn Life Acquires HM Life Insurance Company
Aug 17 2006 // Chicago-based Fort Dearborn Life Insurance Co., a subsidiary of Health Care Service Corp. (HCSC), a Mutual Legal Reserve Company, has completed the acquisition of the life and disability business of HM Life Insurance...
ISO Acquires Xactware
Aug 14 2006 // ISO has acquired the assets of Xactware, Inc., a provider of estimation software and services for the property insurance, remodeling and restoration industries. Terms were not disclosed. The privately held company and its...
Arrowhead Announces Recapitalization with Spectrum Equity Investors & Arrowhead Senior Management
Aug 11 2006 // San Diego, CA – San Diego-based Arrowhead General Insurance Agency, Inc., one of the nation’s largest privately held general insurance agencies, and its wholly owned subsidiaries, including Cypress Point...
Oak Street Funding Finalizes Quarter Billion Capital Deal
Aug 11 2006 // Indianapolis-based Oak Street Funding has raised more than a quarter billion dollars in capital through loans completed with Germany-based DZ Bank AG Deutsche Zentral-Genossenschaftsbank and Boston-based NewStar Financial....
American Enterprise Mutual Acquires Ceres Group’s Medical Business
Aug 8 2006 // Omaha, Neb.-based World Insurance Company (World), a subsidiary of American Enterprise Mutual Holding Company, recently announced an agreement between General American Financial Resources, Inc. (GAFRI) and...
Sample Partnership
Aug 7 2006 // State Farm has launched a series of initiatives to expand its markets while contributing to the economic vitality and safety of low-income neighborhoods. To help reach its goals, State Farm has developed a long-term,...
HCC Insurance Holdings Acquires Minn. Allianz Life Insurance
Aug 4 2006 // Houston-based HCC Insurance Holdings, Inc. announced today that the Company had reached an agreement to acquire the assets of Allianz Life Insurance Company of North America’s Health Products Division for a cash...
Republic Announces Merger Agreement With Delek Capital
Aug 4 2006 // Dallas-based property/casualty insurer, Republic Companies Group Inc., announced it has entered into a definitive merger agreement pursuant to which a subsidiary of Delek Capital Ltd. would acquire all of the outstanding...
HRH Completes Thilman & Filippini Acquisition
Aug 2 2006 // Hilb Rogal & Hobbs Company has completed the previously announced acquisition of Chicago-based Thilman & Filippini, L.L.C. (Thilman Filippini), one of the nation’s top 100 insurance intermediaries. Thilman...
Strong earnings keep insurers’ stock prices stable; M&A activity remains flat
Jul 24 2006 // Stock Prices: Insurers’ stock prices remained relatively stable during the second quarter of 2006. In a time of the year when stock prices tend to fluctuate depending on the weather forecast, companies were able to...
Fidelity National P/C acquires Southern Family flood policies
Jul 24 2006 // Fidelity National Property and Casualty Insurance Co. has received approval from the Circuit Court of Florida to purchase all of the existing flood insurance policies of Southern Family Insurance Co. through the Florida...
