All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Apr 17 2014 // South Carolina lawmakers are moving forward with a plan to increase grants to homeowners who strengthen their homes against storm damage.The South Carolina Senate Finance Committee approved the “Competitive Insurance...
Apr 16 2014 // BancorpSouth Insurance Services Inc., a subsidiary of BancorpSouth Bank, headquartered in Tupelo, Miss., is acquiring Lafayette, La.-based Knox Insurance Group LLC (Knox) in a transaction that is expected to close...
Apr 15 2014 // People are driving less, and their vehicles have become more fuel efficient.While those might be considered positive trends, a potential decline in gas-tax revenue is one reason the Oregon Department of Transportation says...
Apr 15 2014 // In the “investment banker 101 playbook” for cyclical industries the reinsurance industry has arrived at the page marked “weak pricing due to too much competition; sell M&A services to our...
Apr 14 2014 // Travelers Companies, which acquired Dominion of Canada General Insurance in 2013 and increased its ownership stake in its joint venture in Brazil in 2012, is likely to continue expanding internationally.In his annual...
Apr 14 2014 // Bermuda-based Endurance Specialty Holdings Ltd. today offered to buy Aspen Insurance Holdings Limited, also based in Bermuda, for $3.2 billion, or $47.50 per Aspen share, in a hostile takeover.The combined company would...
Apr 9 2014 // Cross Insurance, a subsidiary of Cross Financial Corp. in Bangor, Maine, announced its acquisition of Troy, Pires & Allen Insurance, a 78-year-old insurance agency based in East Providence, R.I. Terms of the...
Apr 9 2014 // Hannover Re, the world’s third- biggest reinsurer, has sufficient capital to offer investors a steady dividend and pursue potential purchases, Chief Executive Officer Ulrich Wallin said.“We have increased our...
Apr 8 2014 // China’s decision to partially relax mergers and acquisition rules in the insurance industry could see global insurance firms expand their footprint in the $288 billion market.Beijing would allow insurers, including...
Apr 7 2014 // Illinois-based global insurance broker Arthur J. Gallagher & Co. reported 20 percent growth in total revenues for its brokerage and risk management units combined along with four percent growth in organic commissions...
Apr 7 2014 // Lake Mary, Fla.-based AssuredPartners Inc., through its subsidiary Assured SKCG, recently acquired MHB Insurance, located in Peekskill, N.Y. Terms of the transaction were not disclosed.Founded in 1919, MHB Insurance...
Apr 7 2014 // Shareholders challenged more than 94 percent of U.S. merger and acquisition deals valued over $100 million in 2013, according to a new M&A report by Cornerstone Research.Deals worth $100 million or more attracted an...
Apr 7 2014 // Mergers and acquisitions of insurance agencies fell in 2013, with 248 reported transactions in the United States and Canada, according to a new semi-annual survey by OPTIS Partners, an investment banking and financial...
Apr 6 2014 // Perth, Australia-based conglomerate Wesfarmers has agreed to sell the insurance brokerage and premium funding operations of its Insurance division to subsidiaries of U.S.-based broker Arthur J. Gallagher & Co. for...
Apr 4 2014 // Confie Seguros’ president wants it known that the agency made good on its promise a year-and-a-half ago to up its buying spree and expand into standard personal and small commercial lines, all while broadening its...
Apr 4 2014 // Arthur J. Gallagher & Co. has acquired Mike Henry Insurance Brokers Limited (MHIB), headquartered in Auckland, New Zealand.MHIB has annualized revenues of approximately $4.5 million and 30 staff operating from its...
Apr 4 2014 // Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh LLC, ] has acquired Capstone Insurance Services LLC, a $1.8 million revenue agency located in Greenville, South Carolina. Terms of the...
Apr 4 2014 // Great American Insurance Group has completed a renewal rights agreement with Selective Insurance Co. of America to acquire Selective’s Self-Insured Group book of business.The business, amounting to $38 million in...
Apr 3 2014 // PSA Insurance & Financial Services in Hunt Valley, Md., acquired Councill, a Towson, Md.-based firm offering insurance products, third-party administration and risk management services for nursing homes, assisted...
Apr 2 2014 // Hilltop Holdings Inc., a Dallas-based financial holding company with interests in financial services and insurance operations, announced an agreement to acquire SWS Group Inc., a holding company that provides investment...