Mergers & Acquisitions (M&A) News

Key Lawmaker Eyes Ban on Mergers to Protect Small Firms During Coronavirus Crisis

The chair of the House Judiciary Committee’s antitrust panel on Thursday called for a moratorium on mergers in the next coronavirus stimulus package and a ban on deals that are not directly related to companies about to fail. Democratic U.S. …

Berkshire Hathaway in Talks to Sell Workers’ Compensation Unit Applied Underwriters

Warren Buffett’s Berkshire Hathaway Inc. is in advanced discussions to sell its Applied Underwriters workers compensation unit to a consortium of insurance firms, people familiar with the matter said on Friday. The deal would be a rare divestment by Buffett, …

Bradenton Insurance of West Florida Partners With Baldwin Risk Partners

Baldwin Risk Partners, a Tampa, Fla.-based insurance distribution holding company, has partnered with Bradenton Insurance LLC, of Bradenton, Fla., adding the agency to its group of companies. Bradenton Insurance has been a local independent insurance agency on the west coast …

China State-Owned Firm Managers Held Personally Liable for Bad M&A Deals

Business development managers at Chinese state-owned firms have been put on notice: mess up on M&A deals and you can be held personally liable – for life. Under new rules unveiled by China’s State Council, or cabinet, last month, managers …

The Hilb Group Acquires Carrier Insurance Agency in Florida

The Hilb Group, LLC (THG) has acquired Florida-based Carrier Insurance Agency, Inc., continuing its nationwide growth through acquisitions and expanding its regional presence in central Florida. The transaction became effective July 1, 2016. Carrier Insurance has been serving central Florida …

Breckenridge Insurance Forms New Company for Transactional Liability Market

Breckenridge Insurance Group has formed Vista Insurance Advisors, a new company for the transactional and mergers & acquisitions market offering various coverage options. Vista Insurance Advisors is led by Chief Executive Officer Thomas Dowd based in New York. Dowd has …

Wallace Welch & Willingham Acquires Florida Agency Sondregger Insurance

Wallace Welch & Willingham (W3) has acquired Sondregger Insurance, an independent agency based in St. Petersburg, Fla. The acquisition was made final on December 9, 2015. Sondregger Insurance specializes in personal and business insurance. The agency brings one employee and …

NORCAL Mutual Acquires Florida-Based FD Insurance

NORCAL Mutual Insurance Co. has completed its acquisition of FD Insurance, a Florida domiciled medical malpractice provider for physicians and surgeons. This acquisition expands NORCAL’s national footprint and establishes Jacksonville, Fla. as the company’s new Southeast regional office. “We’re very …

Four Specialist M&A Underwriters Join Marketform to Write $77 Million Line

Specialist Lloyd’s underwriter Marketform has announced the appointment of four more mergers and acquisitions (M&A) insurance specialists who will be based in their London office. The new underwriters – Dawn Bhoma, Katherine Cheung, Tanya Nash and John Kahn – are …