All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Jul 29 2016 // The Crichton Group, an independent insurance agency in Middle Tennessee, has promoted industry veteran Dan Hite to the position of partner and vice president. Previously, Hite served as commercial insurance advisor for the...
Jul 27 2016 // Allianz Group is launching a new transactional liability unit designed to take advantage of greater M&A deal activity in the U.S. and, ultimately, around the world.The insurer’s Allianz Global Corporate &...
Jul 27 2016 // Hub International Limited has agreed to acquire the assets of KeenanSuggs Insurance Inc., based in South Carolina. Terms of the acquisition were not disclosed. The deal is expected to close on August 1, 2016.With offices...
Jul 27 2016 // Broomfield, Colo.-based ICAT has teamed up with Neon to provide an additional $10 million of per-risk capacity to catastrophe-exposed commercial properties in the U.S. The partnership expands ICAT’s per-risk...
Jul 27 2016 // (Editor’s Note: The original version of this article published yesterday, July 26, omitted “International” from the headline “Catalina to Buy Hartford Financial Products International &...
Jul 26 2016 // President Barack Obama has signed into law a bill to curb abuse of heroin and opioid drugs, even while expressing disappointment with Republicans for not providing more money for addiction treatment.The Comprehensive...
Jul 26 2016 // World Insurance Associates, an independent insurance agency headquartered in Tinton Falls, New Jersey, said it recently acquired AIV Group, an insurance agency serving the Asian community.AIV Group, in Avenel, New Jersey,...
Jul 26 2016 // (Editor’s Note: The original version of this article published yesterday, July 26, omitted “International” from the headline “Catalina to Buy Hartford Financial Products International &...
Jul 26 2016 // Amazon Inc. and the British government have announced a partnership to test the e-commerce giant’s aerial drone parcel delivery system after run-ins over the technology’s use.Supervised by the U.K.’s...
Jul 25 2016 // National Interstate Corp. (National Interstate), based in Richfield, Ohio, announced it has agreed to be acquired by Great American Insurance Co. (Great American), a wholly-owned subsidiary of American Financial Group Inc....
Jul 25 2016 // A former partner at the law firm Fox Rothschild was sentenced on Friday to six months in prison for trading on inside information that a client at his law firm was about to announce a merger, prosecutors said.Herbert...
Jul 25 2016 // The potential bust-up of two mega deals among America’s largest health insurance companies may have an unintended result – more mergers.The U.S. Department of Justice on Thursday sued to block Aetna...
Jul 25 2016 // Dallas-based international specialty lines underwriting manager and wholesale broker U.S. Risk Insurance Group Inc. has agreed to partner with the private equity firm, Kohlberg & Co. With capital and two board members...
Jul 25 2016 // Munich Re has partnered with New York City-based insurtech startup Slice Labs Inc. as Slice prepares to launch its first on-demand, per-use insurance product.Slice and Munich Re said they have agreed to an ongoing roll-out...
Jul 21 2016 // U.S. antitrust enforcers roundly rejected a pair of proposed deals that would consolidate the nation’s five biggest health insurers into just three.The Justice Department filed an antitrust lawsuit to stop Anthem...
Jul 21 2016 // Discovery Ltd., South Africa’s third-largest insurer by market value, said it has set up a partnership with Japan’s Sumitomo Life Insurance Co. and SoftBank Group Corp. to develop and introduce products for the...
Jul 20 2016 // Maine’s Cross Insurance reported it has acquired another leading Maine insurance agency, Sargent, Tyler & West in Bangor, and its Bucksport branch office, Roland Grindle Insurance Agency.Sargent, Tyler & West...
Jul 20 2016 // Dallas-based Ascend Insurance Brokerage President and CEO Paul Bassman has closed on the acquisition of the company, purchasing the business from James Chippendale, who founded Ascend in 2001.Ascend specializes in the...
Jul 20 2016 // Data provider Verisk Analytics Inc. is continuing to grow beyond its insurance industry roots with the announcement it will acquire Greentech Media Inc., an information services provider for the solar electricity and clean...
Jul 20 2016 // 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...