Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
National Insurance Partners Launches Agency Partnering Strategy
May 26 2006 // Texas-based property and casualty brokerage firm National Insurance Partners (NIP) announced the launch of an acquisition and partnering plan. The company’s announcement follows the completion of a private equity...
Praetorian to Acquire Surplus Lines Insurer Alea North Ammerica
May 26 2006 // Specialty insurer Praetorian Financial Group said it has agreed to acquire Alea North America Specialty Insurance Company (ANASIC), an affiliate of Alea Group Holdings (Bermuda) Ltd of Hamilton, Bermuda. ANASIC is a...
Liberty International to Buy Quanta’s Environmental Liability Renewals
May 26 2006 // Liberty International Underwriters, a division of Liberty Mutual Group,- has reached an agreement to acquire the renewal rights to Quanta U.S. Holdings Inc.’s environmental liability business. Terms of the...
S&P Affirms PartnerRe Ratings; Revises Outlook to Negative
May 25 2006 // Standard & Poor’s Ratings Services has affirmed its “A” counterparty credit rating on Bermuda-based reinsurer PartnerRe Ltd. (PRE), its “AA-” counterparty credit and financial strength...
Brown & Brown Announce the Asset Acquisition of Ideal Insurance Agency
May 24 2006 // Florida-based Brown & Brown Inc. recently announced the asset acquisition of Ideal Insurance Agency, Inc. Making the annoucement through a written statement were J. Powell Brown, regional executive vice president,...
Berkshire Hathaway Completes Acquisition of Applied Underwriters
May 23 2006 // Berkshire Hathaway said it has completed its acquisition of Applied Underwriters, an integrated workers’ compensation service firm — and all of its subsidiaries including its North American Casualty insurance...
POST SPITZER, MERGER ACTIVITY PICKING UP, SAYS MYSTIC CAPITAL
May 22 2006 // Last year wasn’t the busiest year for mergers and acquisitions in the insurance agency and brokerage field, but as concerns over various probes of the insurance industry fade, activity is picking up. Kevin Donoghue,...
Post Spitzer, merger activity picking up, says Mystic Capital
May 22 2006 // Last year wasn’t the busiest year for mergers and acquisitions in the insurance agency and brokerage field, but as concerns over various probes of the insurance industry fade, activity is picking up. Kevin Donoghue,...
Post Spitzer, merger activity picking up, says Mystic Capital
May 22 2006 // News Currents Last year wasn’t the busiest year for mergers and acquisitions in the insurance agency and brokerage field, but as concerns over various probes of the insurance industry fade, activity is picking...
Post Spitzer, merger activity picking up, says Mystic Capital
May 22 2006 // Last year wasn’t the busiest year for mergers and acquisitions in the insurance agency and brokerage field, but as concerns over various probes of the insurance industry fade, activity is picking up. Kevin Donoghue,...
Post Spitzer, merger activity picking up, says Mystic Capital
May 22 2006 // Last year wasn’t the busiest year for mergers and acquisitions in the insurance agency and brokerage field, but as concerns over various probes of the insurance industry fade, activity is picking up. Kevin Donoghue,...
Employers’ Coalition and Destiny Health Plan Create Partnership in Northern Ill.
May 17 2006 // Chicago-based Destiny Health and the Rockford, Ill.-based Employers’ Coalition on Health (ECOH) recently announced a partnership that offers small businesses in northern Illinois a unique option in health care...
RMS Partners With China Earthquake Administration’s Institute of Engineering Mechanics to Develop China Earthquake Risk
May 16 2006 // Newark, Calif.-based Risk Management Solutions (RMS) has formed a partnership with the China Earthquake Administration scientific and engineering arm, the Institute of Engineering Mechanics (IEM). “This partnership...
Conning Research: M&A Activity May Ramp Up in 2006-2007
May 16 2006 // Insurance industry mergers and acquisitions increased in 2005 to the highest level since 2001 and may foreshadow an acceleration of activity this year and the next, according to a new study by Conning Research and...
Insurance Commissioner Urges Floridians to Buy Flood Insurance
May 15 2006 // Florida Insurance Commissioner Kevin McCarty has urged Floridians to purchase flood insurance to protect their homes. McCarty’s warning comes on the eve of the 2006 hurricane season which officially begins June...
Hub International Acquires Northwest Aviation Broker Westar
May 15 2006 // Hub International Limited has purchased Westar Insurance Managers, based in Kirkland, Washington. The company will become part of Hub International’s Seattle-based operation (HUB Northwest). Terms of the transaction...
Arthur J. Gallagher & Co. Acquires Y.S. Liedman & Assoc.
May 15 2006 // Miami, Fla.-based Y.S. Liedman & Assoc. has been acquired by Arthur J. Gallagher & Co. of Itasca, Ill. Terms of the transaction were not disclosed. Established in 1973, Y. S. Liedman & Associates offers a...
Aon Subsidiary Acquires JLT Services
May 12 2006 // Aon’s Affinity Business Expanded Through Acquisition of JLT Services Corporation Division Affinity Insurance Services Inc., a subsidiary of Aon Corp., has acquired a division of JLT Services Corporation (JLT)...
Shaw Made Partner at Agency Consultant B.H. Burke
May 11 2006 // B. H. Burke & Co., Inc., of Westbrook, Connecticut, announced that Everett W. Shaw has been made a partner and named vice president of the company. The announcement was made by Brian H. Burke, president and...
Acordia Acquires Assets of Key Insurance Agency
May 10 2006 // Acordia Inc. has acquired the assets of Key Insurance Agency LLC in Wasilla and Anchorage, Alaska. This is the Acordia’s 17th acquisition in 11 states the past three years — the second in Alaska. The...
