Latest Mergers & Acquisitions Headlines

All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.

Marsh & McLennan Agency Acquires Independent Insurance Group Benefits in Texas

Dec 20 2012 // Marsh & McLennan Agency LLC, a subsidiary of insurance broker Marsh Inc., acquired Independent Insurance Group Benefits Inc., the employee benefits division of Dallas, Texas-based Independent Insurance Group.Terms of...

Sandy Losses: Arch Capital – $170 to $240 Million; PartnerRe – $200 to $240 Million

Dec 20 2012 // Bermuda-based insurers Arch Capital Group Ltd and PartnerRe Ltd. Have released their respective preliminary estimates of losses incurred from Hurricane Sandy.Arch said its preliminary estimate of losses “ranges...

Markel Acquiring Alterra for $3.1B to Diversify, Expand to Reinsurance

Dec 19 2012 // Specialty insurer Markel Corp. has agreed to acquire Alterra Capital Holdings Ltd. for $3.1 billion in cash and stock to increase business diversification and expand into reinsurance.The two companies announced Wednesday...

AmWins Group to Acquire Georgia-Based Gresham & Associates

Dec 19 2012 // AmWINS Group Inc. — the largest wholesale insurance brokerage in the U.S. by premiums placed — announced that it reached a definitive agreement to acquire Gresham & Associates Inc. Gresham &...

PartnerRe to Acquire Calif.-based Presidio Re Group

Dec 19 2012 // Bermuda-based PartnerRe Ltd. announced a definitive agreement to acquire California-based Presidio Reinsurance Group, a U.S. specialty accident and health reinsurance and insurance writer.PartnerRe said it would...

AssuredPartners Acquires Two Agencies

Dec 18 2012 // AssuredPartners Inc., based in Lake Mary, Fla., recently announced the acquisition of two independent insurance agencies.In its first significant expansion west of the Mississippi River, AssuredPartners acquired...

Brown & Brown Acquires Behnke & Associates in South Florida

Dec 18 2012 // Florida-based national insurance brokerage Brown & Brown Inc. announced this month asset acquisitions of Behnke & Associates Inc., an independent insurance agency located in South Florida. Founded in 1995, Behnke...

Integro Acquires Southern California’s The Rule Group

Dec 17 2012 // New York-based insurance brokerage and risk management firm Integro has acquired The Rule Group of Pasadena, Calif. Terms of the deal were not disclosed. The Rule Group consists of three divisions: The Rule Co., a provider...

Conn.-Based Business Risk Partners Appoints Senior Underwriter

Dec 14 2012 // Business Risk Partners (BRP), a Windsor, Conn.-based managing general underwriter, appointed Jayne Downey as a senior underwriter overseeing the firm’s technology errors-and-omissions (E&O) and data...

Beebe: Arkansas to Stick With Partnership Exchange

Dec 14 2012 // Gov. Mike Beebe said Arkansas will move forward on a partnership with the federal government for an online insurance marketplace required under President Barack Obama’s health care overhaul, though he believes the...

Arthur J. Gallagher Acquires Western Benefit Solutions of Idaho

Dec 12 2012 // Arthur J. Gallagher & Co. has acquired Boise, Idaho-based Western Benefit Solutions LLC.Terms of the transaction were not disclosed. Western Benefit Solutions LLC provides a range of employee benefit insurance...

Arthur J. Gallagher Acquires Charter Lakes Marine Insurance Agency

Dec 12 2012 // Arthur J. Gallagher & Co. has acquired Charter Lakes Marine Insurance Agency, headquartered in Grand Rapids, Mich. Terms of the transaction were not disclosed. Founded in 1986, Charter Lakes operates as a retail...

Hiscox, Rocket Lawyer Partner to Provide Resources to Small Businesses

Dec 12 2012 // Hiscox has partnered with Rocket Lawyer, an online legal service, to provide small businesses with both insurance and legal advice. In addition to Hiscox’s insurance policies for small businesses, Hiscox customers...

Berkshire Hathaway Buys Back $1.2B of Stock

Dec 12 2012 // Berkshire Hathaway Inc. said on Wednesday that it had repurchased $1.2 billion of its own stock and raised the price at which it is willing to buy back shares.The conglomerate run by Warren Buffett, which operates a...

Aon Partners with Space Expedition Corp. for Space Traveler Coverage

Dec 12 2012 // Aon Risk Solutions, the global risk management division of Aon plc, announced that it has formed a partnership with Space Expedition Corporation, the Netherlands-based space tourism company dedicated to making space travel...

U.S. SEC Charges N.J.-based Consultant with Fraud in Chinese Reverse Mergers

Dec 12 2012 // U.S. securities regulators charged a New Jersey-based consultant on Tuesday with defrauding investors in the China-based companies he helped make public through a backdoor method known as a “reverse merger.”The...

White House $60 Billion Sandy Relief Request Includes Flood Insurance Funding

Dec 10 2012 // The White House has officially asked Congress to authorize $60.4 billion in federal spending for response, recovery and mitigation related to Hurricane Sandy damage in all affected states. The request, in a letter to the...

Oklahoma’s Caldwell and Partners Acquires Midlands Holding Corp.

Dec 10 2012 // Charles C. Caldwell, CEO of Oklahoma-based Caldwell and Partners Inc. (CAP), announced the acquisition of Midlands Holding Corp. (MHC) from PMA Capital Corp. (PMA).Midlands Management Corp. (Midlands), a subsidiary of MHC,...

UPDATE: Chinese Group to Buy AIG’s Plane Leasing Unit for up to $4.8 Billion

Dec 10 2012 // American International Group has agreed to sell nearly all of ILFC , the world’s second-largest airplane leasing business, to a Chinese consortium for up to $4.8 billion, giving the fastest growing aviation market...

Chinese Firms in Talks to Buy AIG Aircraft Leasing Unit

Dec 7 2012 // A group of Chinese companies, including the Industrial and Commercial Bank of China (ICBC), is in talks to buy American International Group’s aircraft leasing unit for around $5.5 billion, a source familiar with the...