All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Mar 5 2009 // Charlotte, North Carolina-based insurance wholesale brokerage AmWINS Group, Inc. has acquired three medical stop loss wholesalers in three separate regions of the country. The firms acquired are American Stop Loss...
Mar 5 2009 // Kansas City-headquarted Ascension Insurance, Inc. has acquired Dennis Bartlett agency of Fort Lauderdale, Florida.The Bartlett agency specializes in medical malpractice coverage and will join Employers Mutual, Inc., a...
Mar 4 2009 // An independent holding company owned by an insurance industry veteran has purchased Harbor Insurance Agency and Florida Consolidated Agency, both former wholly owned subsidiaries of National City Bank.The new owner, Tom...
Mar 4 2009 // A group looking for ways to prevent another serious flood in northwest Ohio said it will use $3 million in state aid to buy homes and land along the Blanchard River in two hard-hit towns.Buying the low-lying properties in...
Mar 3 2009 // Giant insurance broker Brown & Brown Inc. has acquired an Indiana-based agency with $1.3 million in revenues. Brown & Brown acquired the assets of One Source Insurance, Inc. of Noblesville, which sells individual...
Mar 2 2009 // Guy Carpenter Co., a leading risk and reinsurance specialist, has agreed to acquire John B. Collins Associates, Inc., a privately-held company and the seventh largest reinsurance intermediary in the world.Guy Carpenter...
Feb 20 2009 // Prudential Financial Inc. is leading the race to buy two Japanese life insurers put on sale by American International Group Inc. in a deal due to close next week, sources familiar with the matter said on Friday.AIG Edison...
Feb 20 2009 // Taiwan’s China Life will buy most of Prudential Plc’s local insurance business, with the UK firm taking around a 10 percent stake in China Life, valued at T$2.18 billion ($64 million), the companies said.The...
Feb 18 2009 // Trinity Universal Insurance Co., a Unitrin, Inc. subsidiary, has completed its previously announced acquisition of Direct Response Corp. and its subsidiaries in a cash transaction valued at approximately $200...
Feb 18 2009 // An Illinois state lawmaker is proposing that gun owners be required to carry personal liability insurance of at least $1 million.Rep. Kenneth Dunkin’s bill seeks to amend the state’s Firearm Owners...
Feb 17 2009 // London-based insurer and reinsurer Beazley Group is acquiring Boston-based First State Management Group, an underwriting manager specializing in excess and surplus lines commercial property insurance for $35.4 million in...
Feb 13 2009 // Arthur J. Gallagher & Co. announced it has acquired Fidelity Benefits & Insurance Services in Waco, Texas.Founded in 2003, Fidelity Benefits & Insurance Services (FBIS) is an employee benefits consultant and...
Feb 12 2009 // Marsh & McLennan Cos Inc , the No. 2 global insurance broker, reported better-than-expected fourth-quarter earnings, helped by lower costs, and forecast higher profits in 2009, sending its shares up 16 percent.The...
Feb 11 2009 // PGI Commercial has acquired the assets of Underwriters & Brokers, Inc. of Troy, Michigan. PGIC said it will merge the platform and staff of UBI with its existing Michigan office. Underwriters & Brokers, Inc....
Feb 10 2009 // State Automobile Mutual Insurance Co. of Columbus, Ohio, has completed its purchase of Rockhill Insurance Group of Kansas City, Mo. Rockhill writes approximately $120 million in specialty property and casualty direct...
Feb 9 2009 // Thailand’s Bank of Ayudhya Public Company Limited (BAY) and American International Group, Inc. (AIG) announced an agreement under which BAY will acquire AIG Retail Bank Public Company Limited and AIG Card (Thailand)...
Feb 9 2009 // Arthur J. Gallagher & Co. has acquired retail insurance broker and consultant PartnerSource Inc. in Dallas, Texas, Gallagher announced.Organized in 1994, PartnerSource specializes in the design, implementation and...
Feb 8 2009 // Stock Price: Commercial lines stocks mirrored those of major indices in 2008, trading down 14 percent.Mergers & Acquisitions: Middle market carriers continue to be major players in the acquisition market as they look...
Feb 6 2009 // More cash-strapped states want to give law enforcement officers the authority to pull over motorists who aren’t wearing seat belts.The 15 states, including Ohio, that are considering making the switch need to do so...
Feb 6 2009 // North Carolina-based G4S Compliance & Investigations has formed partnership with National Unity Insurance Company, a Texas-headquartered company specializing in providing liability insurance for Mexican private and...