All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Oct 5 2016 // Chicago-based insurance brokerage, Hub International Limited (Hub), has acquired the assets of Mayport Insurance & Realty Inc. (Mayport) in North Dakota. Terms of the acquisition were not disclosed. Based in Portland,...
Oct 5 2016 // Japan’s SOMPO Holdings Inc. has agreed to acquire all of the outstanding ordinary shares of Bermuda’s Endurance Specialty Holdings Ltd. for $93 per share in cash. The aggregate consideration is approximately...
Oct 5 2016 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Vero Insurance, Inc., a Vero Beach, Florida-based independent agency specializing in private client insurance services....
Oct 4 2016 // Hub International Ltd. has acquired San Francisco, Calif.-based Sweet & Baker Insurance Brokers Inc.Terms of the deal were not disclosed. Bruce Callander, president of Sweet & Baker, will join Hub California and...
Oct 3 2016 // Alliant Insurance Services Inc. has acquired the Hecht Group in Portland, Ore.Terms of the deal were not disclosed. The Hecht Group will join Alliant employee benefits, the company’s national benefits consulting...
Oct 3 2016 // Global insurance brokerage Hub International Limited, headquartered in Chicago, Ill., has acquired the assets of Norton Insurance Agency and Norton Financial Services Inc. Terms of the acquisition were not...
Oct 3 2016 // The judge who will rule on whether the government may stop health insurer Anthem from buying competitor Cigna said Friday that she was considering splitting the trial into phases.Judge Amy Berman Jackson of the U.S....
Oct 3 2016 // The Surplus Lines Stamping Office of Texas (SLSOT) is alerting surplus lines insurance professionals in the state that due to the merger of Markel companies Essex Insurance Co. (Essex) into Evanston Insurance Co....
Oct 3 2016 // The federal government has contracted with private reinsurers to improve the National Flood Insurance Program’s claims paying ability and reduce the need for the NFIP to borrow from the U.S. Treasury to cover future...
Oct 3 2016 // Intentional Culture, Intentional Passion When Laura Sherman, Lowry Baldwin and Elizabeth Krystyn set out to open Tampa-based BKS Partners Inc. in 2006 it was as if three professional worlds collided to create a perfect...
Sep 29 2016 // 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,...
Sep 28 2016 // DTRT Insurance Group (Do The Right Thing) has acquired Setnor and Associates, a retail property and casualty insurance brokerage firm based in Miami.The acquisition will expand DTRT’s footprint into a new city and...
Sep 28 2016 // Deutsche Bank AG has sold its British insurance business Abbey Life to Phoenix Group Holdings as it sheds non-core assets and reduces its balance sheet in an effort to reassure anxious investors and meet regulators’...
Sep 28 2016 // Rocklin, CA, September 28, 2016- Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the launch of a new partnership with Hiscox providing access to small business solutions in 49...
Sep 27 2016 // Global Risk Partners Limited (GRP), the acquisitive insurance broking and managing general agent investment vehicle, has acquired Marshall Wooldridge, a UK commercial insurance broker which controls in excess of £20...
Sep 27 2016 // Hawaii Gov. David Ige said he plans to ask President Barack Obama for federal assistance to help Maui communities clean up and repair areas damaged by flooding through Iao Valley.The state and Maui County have already...
Sep 26 2016 // Starr Companies has acquired Wright USA from Ironshore Insurance Services, a subsidiary of China’s Fosun Group.Wright USA is an insurance agency and third-party administrator principally providing Federal Employee...
Sep 23 2016 // London’s Randall & Quilter Investment Holdings Ltd. said it has acquired United States Sports Insurance Co., a wholly owned captive insurer of USA Swimming Inc. for $2.1 million.The company being acquired was...
Sep 22 2016 // The federal government has contracted with private reinsurers to improve the National Flood Insurance Program’s claims paying ability and reduce the need for the NFIP to borrow from the U.S. Treasury to cover future...
Sep 22 2016 // New York-based JenCap Holdings LLC has acquired privately held M. J. Kelly Co. (MJK), a managing general agency and wholesale insurance brokerage based in Springfield, Missouri, with offices in nine states throughout the...