Trending Mergers & Acquisitions Headlines
The most viewed headlines from our Mergers & Acquisitions Topic Page over the last 30 days.
#1 Sentry Buys Nonstandard Auto Insurer The General From American Family for $1.7B
Sep 12 2024 // Sentry Insurance said it is buying nonstandard auto insurer The General from American Family Insurance for about $1.7 billion to mark the largest acquisition in the company’s 120-year history. Sentry will pay $1.1...
#2 Buffett’s Insurance Leader Ajit Jain Sells Large Part of Berkshire Stake
Sep 13 2024 // Ajit Jain, the longtime top insurance executive at Warren Buffett’s Berkshire Hathaway BRKa.N, sold more than half of his Class A shares in the conglomerate this week. According to a Wednesday night regulatory...
#3 Michigan’s Conifer Holdings Sells Insurance Agency Operations
Sep 3 2024 // Conifer Holdings announced that it completed the sale of its insurance agency operations for consideration equal to $45 million (subject to transaction expenses and customary purchase price adjustments), plus possible...
#4 The Hilb Group Expands Central Region Presence With Texas Acquisition
Aug 22 2024 // The Hilb Group announced that it has acquired a Texas-based property and casualty agency, adding to the company’s expanding presence in the Central region of operations. The company did not name the acquired...
#5 Bishop Street Enters Commercial Lines With Acquisition of MGA Conifer
Sep 5 2024 // Bishop Street Underwriters, a multi-boutique insurance platform owned by RedBird Capital Partners, announced it has acquired Conifer Insurance Services a specialty commercial managing general agency from Conifer Holdings,...
#6 Clyde & Co: First-Half Carrier M&A Activity Falls to 15-Year Low
Sep 9 2024 // The first half of 2024 set a 15-year low for first-half insurance carrier mergers and acquisitions, according to Clyde & Co’s latest Mid-Year Growth Report. The number of insurance carrier M&A transactions...
#7 People Moves: Miraglia and Rusas Join Alliant M&A from WTW; Embroker’s Maletsky Joins Hiscox’s Tech E&O
Aug 23 2024 // Peter Miraglia Alliant Insurance Services, headquartered in Irvine, California, hired Peter Miraglia as executive vice president, Alliant Specialty, within the company’s mergers & acquisitions vertical. Miraglia...
#8 NFP Acquires Scott Litman Insurance Agency in California
Sep 6 2024 // NFP acquired Scott Litman Insurance Agency in Calabasas, California. Scott Litman, president of SLIA, will join NFP as a senior vice president and report to Ed Kurowski, managing director, West region P&C. SLIA offers...
#9 Moody’s Acquires Praedicat to Add Casualty and Liability Models
Sep 5 2024 // Moody’s Corp. today said it acquired analytics firm Praedicat. The acquisition adds casualty and liability modeling to Moody’s range of market leading solutions for the insurance industry. Terms of the deal...
#10 OneDigital Expands With Acquisition of Elite Insurance in Tennessee
Aug 23 2024 // OneDigital, an insurance brokerage, financial services and human resources firm based in Atlanta, has acquired Elite Insurance Solutions, a property-casualty insurance agency in Franklin, Tennessee, the company announced...
#11 Mastercard Agrees to Buy Cyber-Defense Firm for $2.65 Billion
Sep 12 2024 // Mastercard Inc. agreed to buy cyber-defense firm Recorded Future for $2.65 billion to boost its ability to protect the card company’s massive global-payments system. The purchase from private equity firm Insight...
#12 Kroger Seeks to Block FTC Case Against Albertsons Acquisition
Aug 21 2024 // Kroger Co. is seeking to block the Federal Trade Commission’s in-house case against its proposed purchase of rival grocer Albertsons Cos., claiming the proceeding is unconstitutional. The FTC, eight states and...
#13 FCBI, a Florida Workers’ Comp Fund, Acquires MidSouth Mutual in Tennessee
Aug 26 2024 // FCBI, a self-insurance fund founded 45 years ago to provide workers’ compensation plans to Florida citrus growers, is expanding well beyond the Sunshine State with the acquisition of MidSouth Mutual Insurance Co. in...
#14 Inszone Acquires Texas’ Keith Williams Insurance Agency
Aug 27 2024 // Inszone Insurance Services, a provider commercial, personal and benefits insurance, announced the acquisition of Keith Williams Insurance Agency, Inc. (KWI), a Victoria, Texas-based agency serving individuals and...
#15 Ryan Specialty to Acquire P&C MGUs From Ascot’s Ethos Specialty
Sep 3 2024 // Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has signed a definitive agreement to acquire the property and casualty (P&C) MGUs owned by Ethos Specialty Insurance LLC from Ascot...
#16 Unison’s RCM&D Acquires Virginia Benefits Firm MillenGroup
Aug 30 2024 // Maryland-based insurance, benefits and risk management firm RCM&D announced the acquisition of MillenGroup, a Richmond, Virginia-based benefits advisory firm. Laura Millen, founder and senior managing partner, and John...
#17 Relation Insurance Acquires Maryland’s Haney Company
Sep 5 2024 // Relation Insurance Services reports it has acquired the assets of The Haney Company Inc. of Silver Spring, Maryland. The transaction went into effect on May 1, 2024; terms were not disclosed. Haney offers employee...
#18 Highstreet Acquires Wingert Insurance Agency in Washington
Aug 28 2024 // Highstreet Insurance Partners acquired Wingert Insurance Agency in Mill Creek, Washington. Wingert President Jason Wingert and Agency Vice President Shelley Wingert will continue leading their team at Wingert’s...
#19 Titan Aerospace Acquires Plimsoll Specialty, Boosting Aviation Insurance Range
Aug 22 2024 // Atlanta-based Titan Aerospace Insurance, one of the larger aviation insurance brokers, has acquired Plimsoll Specialty Markets, a boutique aviation and aerospace brokerage house also based in Atlanta. Clark Michael Clark,...
#20 Texas-Based Insurtech Sigo Seguros Raises $5.1M in Pre-Series A Funding
Sep 10 2024 // Sigo Seguros, a Texas-based insurtech company that focuses on providing auto insurance services for immigrant and working-class communities, announced it has raised an additional $5.1 million in its pre-Series A funding...
