All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Feb 3 2010 // Germany’s largest insurer has signed a partnership agreement with car-maker Daimler to provide global automotive insurance. The agreement also provides that Allianz will become Daimler’s exclusive partner for...
Feb 1 2010 // New York-based Confie Seguros, a provider of auto insurance with an emphasis on serving Hispanic consumers, has acquired Puget Sound, Ore.-based Vern Fonk Insurance Services Inc. Vern Fonk serves Washington and Oregon.The...
Feb 1 2010 // Dallas-based Lipscomb Insurance Group has partnered with Ronnie Cathey to form Lipscomb & Cathey.Cathey’s expertise includes real estate and marine insurance. Lipscomb is a full service agency offering...
Jan 28 2010 // A prolonged soft market coupled with the worst economic period since the Great Depression as well as uncertainty related to national health care reform, caused insurance brokerage buyers and sellers to struggle with how to...
Jan 27 2010 // NSM Insurance Group acquired Condon & Skelly Collectible Vehicle Insurance, effective Dec. 31, 2009.Founded in 1965, Condon & Skelly Collectible Vehicle Insurance began as a small niche insurance provider, and...
Jan 27 2010 // Bermuda,-based PartnerRe Ltd. announced that during the January 1, 2010 treaty renewal season it expects to write and bind approximately $2.6 billion of non-life premium. The bulletin added that this figure “includes...
Jan 27 2010 // Florida Peninsula Holdings, LLC, the parent company of Florida Peninsula Insurance Co., reports it has completed its acquisition of Edison Insurance Group, including its two subsidiaries: Edison Insurance Co. and Edison...
Jan 27 2010 // Goebel Insurance Agency of Philadelphia has been acquired by Eagil Financial Group, a New Jersey-based firm that provides financial planning services to high net worth clients.Financial details of the transaction were not...
Jan 26 2010 // Elmer R. Jordan, past president of the Independent Agents and Brokers Association of the San Fernando Valley, Calif., has sold his agency to his daughter Karen Jordan-Quigley. The new name of the agency is Karen &...
Jan 25 2010 // The Asia Special Situation Acquisition Corp. (ASSAC) announced that it has completed its business combination by the acquisition of one insurance company together with approximately $650 million of assets from two...
Jan 24 2010 // Capital gain tax rates will increase when the current legislation sunsets at the end of 2010. The best case scenario is the current 15 percent rate reverting to 20 percent, but the federal budget outlook is grim which...
Jan 24 2010 // In today’s challenging economic environment, property/casualty brokers are struggling to thrive. Toss in management of increasingly complex employee benefits, and many agents now work harder and earn less. With...
Jan 22 2010 // The private crop insurance industry is blasting a proposed restructuring in the crop insurance program they say would cut $4 billion — or $800 million a year — over the next five years.The proposal, by the U.S....
Jan 22 2010 // White Mountains Re Ltd., a wholly owned subsidiary of White Mountains Insurance Group Ltd. has agreed to acquire Central National Insurance Company of Omaha, Neb., from Drum Financial Corporation.In runoff since 1989,...
Jan 21 2010 // Lockton announced that it has obtained a “significant equity holding in South Korean insurance broker IMI, with options to purchase an increased shareholding.” IMI has also been renamed Lockton Companies...
Jan 20 2010 // Risk Strategies Co., a national insurance brokerage and risk management firm has completed its acquisition of GSM Insurance Services in Irvine, Calif. GSM is a specialty insurance organization with a focus on construction...
Jan 19 2010 // Worcester, Massachusetts-based insurer The Hanover Insurance Group Inc. will acquire The Campania Group, a medical and general liability insurer for the health care industry.Terms of the deal were not disclosed. The...
Jan 15 2010 // Copart UK Limited announced that it has agreed to acquire D Hales Limited, a UK-based vehicle salvage disposal company, headquartered in Bristol, with five auction and auto parts facilities located in Bristol (Avonmouth),...
Jan 15 2010 // SUNZ Insurance Co. of St. Petersburg, Fla. reported it has acquired Brentwood National Insurance Co. of Brentwood, Tenn., a workers’ compensation services and claims firm. SUNZ sells workers’ compensation...
Jan 14 2010 // The Hanover Insurance Group Inc.’s CEO Frederick H. Eppinger expects the western United States to be a key growth driver for the super-regional insurer in the next several years. Having just entered into a renewal...