Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
TD Banknorth Continues Expansion in N.J. with Interchange Acquisition
Apr 17 2006 // TD Banknorth Inc., headquartered in Portland, Maine, is acquiring Interchange Financial Services Corporation for $480.6 million in an all cash transaction. Headquartered in Saddle Brook, New Jersey, Interchange had $1.6...
Acquiring minds want to know how even smaller firms can buy agencies
Apr 17 2006 // Small to mid-sized retail independent insurance agencies looking to grow through acquisition had better have a good plan in place if they want to run with the big dogs—those big dogs being the banks, the large public...
Mergers and Acquisitions
Apr 17 2006 // Independent retail insurance agencies looking to grow through acquisition had better have a good plan in place if they want to run with the big dogs-those big dogs being the banks, the large public brokers and the regional...
Mergers and Acquisitions
Apr 17 2006 // The answer is – to succeed at either one, preparation is the key Independent retail insurance agencies looking to grow through acquisition had better have a good plan in place if they want to run with the big dogs...
CBIZ Acquires Burnham, Colman, Kaelin and Walker Insurance Agency
Apr 12 2006 // CBIZ, Inc. today announced that it has acquired Burnham, Colman, Kaelin & Walker of St. Joseph, Mo. effective April 1, 2006. Originally founded in 1899 and with offices in St. Joseph and Kansas City, BCK&W is an...
New Jersey’s ProTrans Acquires Midwest-based WSIB Insurance
Apr 11 2006 // Insurance broker ProTrans Inc., a member of New Jersey-based Capacity Group of Companies, announced an agreement to acquire WSIB Motorsports Insurance of Indianapolis, Ind., effective March 21, 2006. With offices in...
First Bank of Mo. Acquires Adrian N. Baker & Co.
Apr 7 2006 // First Bank, a Mo. state chartered bank and wholly owned subsidiary of First Banks, Inc. headquartered in St. Louis, Mo., and Adrian N. Baker & Company, a Del.corporation, jointly announced the signing of a Stock...
NBIS Acquires Special Risk Services
Apr 6 2006 // NBIS, the exclusive underwriting manager for ProBuilders Specialty Insurance Company, RRG, has acquired Special Risk Services Group LLC. (SRS), a Chicago based specialty program underwriter. SRS is an experienced insurance...
Smith Joins Willis M&A Dept.
Apr 5 2006 // Global insurance broker Willis Group Holdings announced from its London headquarters that Doug Smith has been appointed as Non Executive Deputy Chairman of its rapidly expanding Mergers and Acquisitions (M&A)...
American Motorcycle Assn. and Nationwide Form Partnership
Apr 5 2006 // The American Motorcyclist Association and Columbus-Ohio-based Nationwide Mutual Insurance Company have announced a new partnership. The new affiliation makes Nationwide the AMA’s “Motorcycle Insurer of...
Illinois-based Arthur J. Gallagher Acquires Sobieski & Bradley, Inc.
Apr 5 2006 // Chicago-based Arthur J. Gallagher & Co. announced the acquisition of Sobieski & Bradley, Inc. of Salt Lake City, Utah. Terms of the transaction were not disclosed. Formed in 1987, Sobieski & Bradley, Inc. is...
ING Canada Acquires Largest Member in Grey Power Network
Apr 4 2006 // ING Canada announced the acquisition of Grey Power Insurance Brokers Inc. (GPIBI) of Stouffville, Ontario. GPIBI is the largest member in the Grey Power network, accounting for about 50 per cent of its business volume. The...
Hub Closes on Acquisition of 3 Mass. Agencies from Citizens Financial
Apr 4 2006 // Hub International Limited has closed its acquisition of three Massachusetts insurance brokerages of Citizens Financial Group, Inc. . As part of the transaction, Hub also entered into a previously announced strategic...
Assurex Global Adds New Partners in Europe and Pacific Rim
Apr 4 2006 // Columbus, Ohio-based Assurex Global has added new partners in Australia, Switzerland and Austria. OAMPS Insurance Brokers, Ltd. in Australia; GWP Insurance Brokers in Switzerland; and Assurance Partners Versicherungsmakler...
Katrina not enough to cause many homeowners to buy flood coverage
Apr 3 2006 // Despite Hurricane Katrina’s devastation, a new survey says that most Americans are not very concerned about buying flood insurance for their homes. Only 14 percent of Americans say they have purchased flood insurance...
Louisiana, Texas look to bonds for cat funding
Apr 3 2006 // With record hurricane losses in back to back seasons, states along the U.S. Gulf Coast are aiming to boost reserves for their insurers of last resort through the issuance of catastrophe bonds. Louisiana is hard at work...
Katrina not enough to cause many homeowners to buy flood coverage
Apr 3 2006 // Despite Hurricane Katrina’s devastation, a new survey says that most Americans are not very concerned about buying flood insurance for their homes. Only 14 percent of Americans say they have purchased flood insurance...
St. Louis, Mo.’s First Bank to Acquire Adrian N. Baker & Co.
Mar 31 2006 // First Bank, a Missouri state chartered bank and wholly owned subsidiary of First Banks Inc. headquartered in St. Louis, Missouri, and Clayton, Mo.-based insurance brokerage Adrian N. Baker & Company, announced that...
Western National Announces Merger with Farmers Home Group
Mar 30 2006 // Western National Insurance Group, based in Edina, Minn., will form an affiliation with Farmers Home Group of Bloomington, Minn. The Boards of Directors of the respective companies approved the transaction at meetings this...
Summit Insurance Sells Health Business to Medical Mutual of Ohio
Mar 30 2006 // Summit Insurance Company has signed a definitive agreement to sell its health insurance business to Medical Mutual of Ohio, it announced this week. The agreement, to take effect May 1, 2006, means the transfer of...
