All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Aug 17 2022 // MagMutual Insurance Co. and MDAdvantage Holdings Inc. have reached an agreement for MagMutual, headquartered in Atlanta, to acquire MDAdvantage Insurance Co., based in New Jersey.MDAdvantage, according to AM Best, is one...
Aug 17 2022 // Ocean International Reinsurance Co. Ltd. (Ocean Re), a Barbados-based reinsurer, announced it has acquired Oceva Risk Solutions Ltd., a London appointed representative that sources reinsurance, insurance, fronting and risk...
Aug 17 2022 // Nearly $12 million has been made available to the National Park Service to repair flood damage to roads in Death Valley National Park, the U.S. Department of Transportation’s Federal Highway Administration said.Most...
Aug 16 2022 // Applied Systems said it has acquired Tarmika, a leading commercial lines rating solution that streamlines small business insurance.This complementary acquisition will expand Applied’s commercial quoting and...
Aug 16 2022 // The Jensten Group, the London-based independent insurance broking group, has acquired J. Bennett & Son Insurance Brokers, based in High Wycombe, England, and its Oxford-based subsidiary, Mathews Comfort & Co., for...
Aug 15 2022 // Coalition said it received regulatory approval and completed the acquisition of Digital Affect Insurance Company from Munich Re Digital Partners US Holding Corporation. Digital Affect Insurance Company is a property and...
Aug 15 2022 // The U.S. government is providing almost $12 million to help residents pay rent and mortgages in south Florida, a place that has been called the epicenter of the nation’s affordable housing crisis. The South Florida...
Aug 15 2022 // Mergers and acquisitions in the global reinsurance sector will be limited into 2023 amid investor concerns over macroeconomic risks and heightened catastrophe losses linked to climate change, according to Fitch...
Aug 15 2022 // Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced it has acquired Jaimac Risk Management Inc. Terms of the transaction were not disclosed. Located in Ottawa, Ontario,...
Aug 12 2022 // The Biden administration on Friday announced it is putting more than $3 billion into two federal programs to help communities deal with floods, wildfires, extreme heat and other problems imposed by climate change.Funding...
Aug 12 2022 // Insurance broker Hub International Limited has acquired KT&D, Inc. in Wilmington, Delaware.Terms of the transaction were not disclosed. KT&D provides multi-line insurance services, including medical malpractice,...
Aug 12 2022 // Cross Insurance reported it has acquired Maine Insurance Agency of Portland.The acquisition of Maine Insurance Agency, a fifth-generation family-owned business, expands the coastal region division of Cross. Founded in...
Aug 11 2022 // Inszone Insurance Services announced the acquisition of First Bosnian Insurance, providing the second acquisition in the state of Missouri. First Bosnian Insurance opened in 2005 with the goal of helping the growing...
Aug 11 2022 // Higginbotham, an independent insurance and human resources firm, has kept up its pace of steady growth with the recent acquisition of Georgia-based Holman and Co., a broker of commercial and personal lines property and...
Aug 11 2022 // Arthur J. Gallagher & Co.’s Risk Placement Services Inc. acquired Hillsboro, Oregon-based Evergreen Insurance Managers Inc.Dyan Bates, Nancy Schultz and their associates will remain in their current location....
Aug 10 2022 // The IMA Group, a provider of independent medical examinations and case management in workers’ compensation, continues to expand with its acquisition of Florida-based Mollie Kallen Case Management. The terms of the...
Aug 10 2022 // Eastern Insurance Group announced it has acquired the John T. Burns Insurance Agency in Newton, Massachusetts. Family-owned since 1892, Burns Insurance offers personal auto and home insurance from carriers including...
Aug 10 2022 // PCF Insurance Services acquired A Insurance Agencies in Utah. A Insurance is a personal lines insurance provider specializing in life, home, auto, and business. The firm has offices in Syracuse, Kaysville, and...
Aug 9 2022 // The Hilb Group reports that it has acquired Massachusetts-based Lighthouse Insurance Agency, further building on the company’s presence throughout New England.Based in the Dorchester neighborhood of Boston,...
Aug 9 2022 // Mitsui Sumitomo Insurance Company, a subsidiary of Japan’s MS&AD Insurance Group Holdings, will spend about $400 million to buy U.S. reinsurance broker Transverse, the Nikkei business daily reported on Sunday.The...