All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Feb 17 2016 // United Community Financial Corp., holding company of The Home Savings and Loan Co., has completed its acquisition of James & Sons Insurance in Youngstown, Ohio.This transaction marks the initial step in the formation...
Feb 17 2016 // Propel Insurance has acquired Medford, Ore.-based United Risk Solutions. United Risk specializes in complex accounts, including the timber and trucking industries, commercial insurance, workers’ compensation,...
Feb 17 2016 // Chinese conglomerate Fosun International Ltd.’s deal to acquire Israeli insurer Phoenix Holdings Ltd. for more than $460 million has unraveled, the firm’s second withdrawn overseas purchase in the past two...
Feb 12 2016 // Everest Re Group, Ltd. has formed a strategic alliance between its U.S. crop insurance unit, Heartland Crop Insurance, Inc., and Global Ag Risk Solutions (GARS). The new partnership will deliver GARS Production Cost...
Feb 12 2016 // Willis Group reported a net loss of $24 million, or $(0.35) per diluted share during the fourth quarter of 2015, compared to earnings of $76 million, or $1.12 per diluted share, in the prior year quarter.During the 12...
Feb 12 2016 // Sompo Canopius AG has entered into a license agreement with SSBN, which will provide it with flood models and hazard maps for the United States.SSBN works within the insurance sector, providing global flood risk analytics,...
Feb 11 2016 // FBinsure, an independent insurance agency with nine locations in Massachusetts, announced Thursday that it has acquired the Hardy & Ponte Insurance Agency, an independent agency in New Bedford, Massachusetts. Terms of...
Feb 10 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since brokers are enjoying their best...
Feb 10 2016 // The Obama administration is creating a new high-level federal official to coordinate cybersecurity across civilian agencies and to work with military and intelligence counterparts, as part of its 2017 budget proposal...
Feb 9 2016 // The Hilb Group, a middle market insurance agency based in Richmond, Virginia, announced Tuesday that it has acquired Dowling & O’Neil, an independent agency in Hyannis, Massachusetts. Terms of the transaction...
Feb 9 2016 // Cerritos, CA, February 9, 2016 – Auto Insurance Specialists (AIS) today announced the acquisition of Suncal Insurance Services based in Santa Clarita, California. Terms of the transaction were not disclosed.Founded...
Feb 8 2016 // Brown & Brown Inc. announced that its subsidiary, The Advocator Group LLC, has acquired substantially all of the equity interests of Social Security Advocates for the Disabled LLC (SSAD) in Norwell, Massachusetts....
Feb 8 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since many brokers have continued to enjoy...
Feb 8 2016 // Signs that 2015 would be an active year for property/casualty mergers and acquisitions (M&A) were apparent in late 2014.As 2014 closed, there was a rush of M&A activity. The deals that closed out 2014 included:...
Feb 5 2016 // UK-based RSA announced a new, seven-year partnership with Wipro Ltd. to deliver its IT infrastructure requirements across the UK, Ireland and Scandinavia.Bangalore, India-headquartered Wirpo, a global information...
Feb 5 2016 // China’s biggest industrial companies want to buy insurers in 2016 as they seek to grow outside Asia as the domestic economy slows and falling insurance rates prompt more firms to do deals, according to Willis Towers...
Feb 5 2016 // Aspen Managing General Agency (MGA) and Midlands Management of Texas announced that Aspen MGA has acquired the renewal rights of the Texas personal auto business currently managed by Midlands Management.Richard Bird, chief...
Feb 4 2016 // Digital Benefit Advisors has acquired Hillenbrand Insurance Solutions of Roseville, Calif. Patric Hillenbrand and his team of nine have joined the Northern California office of DBA. The move expands Digital Benefit...
Feb 4 2016 // Anderson, Bagley & Mayo Insurance Agency, an independent agency based in Leominster, Massachusetts, announced that it has acquired Judy A. Mendolusky Insurance Agency, also based in Leominster. Terms of the...
Feb 4 2016 // Tallahassee, FL – February 4, 2016 — The insurance marketplace is ever changing and continued training is the rule of the day. The high cost of off-site training can be prohibitive for a lot of agencies. Today, that...