Most Popular Mergers & Acquisitions Headlines This Year
The most viewed headlines from our Mergers & Acquisitions Topic Page over the last year.
#1 Aon to Buy Middle-Market Broker NFP for $13.4 Billion
Dec 20 2023 // Aon plc this morning said it has a $13.4 billion deal in place to purchase broker NFP to expand its middle-market segment. The purchase price will be funded by $7 billion in cash and $6.4 billion of Aon stock. Closing is...
#2 Iceland Plans to Buy Out Homeowners in Volcano-Struck Town
Feb 13 2024 // Iceland’s government has agreed to buy all residential properties in the fishing town of Grindavik, which has become uninhabitable after three volcanic eruptions rocked the region in the last two months. Grindavik...
#3 Arthur J Gallagher to Acquire Cadence Insurance for $904M
Oct 24 2023 // Arthur J. Gallagher & Co. today said it has signed a definitive agreement with Cadence Bank to acquire Cadence Insurance, Inc. for $904 million cash. Baton Rouge, Louisiana-headquartered Cadence Insurance, the second...
#4 Zurich’s Farmers Group Seeks More Fee Income Via Acquisition of 3 Brokers for $760M
Nov 16 2023 // Zurich Insurance Group announced that its subsidiary, Farmers Group Inc. (FGI), has agreed to acquire three insurance brokers of the Farmers Exchanges for US$760 million. The deal also includes the Farmers Exchanges’...
#5 Kansas Banker Charged With Embezzling $47M to Buy Crypto
Feb 8 2024 // The former chief executive officer of a Kansas bank was charged with embezzling $47.1 million from the lender to buy cryptocurrency, as the tale of tiny Heartland Tri-State Bank and its failure unfolds. Shan Hanes, who led...
#6 Judge in $6 Billion 3M Settlement Issues Order to Stop Litigation Funding
Sep 12 2023 // A federal judge has barred attorneys and claimants involved in 3M’s $6 billion settlement with U.S. military servicemembers from any third-party litigation funding agreements. District Judge M. Casey Rodgers in the...
#7 Travelers Completes Acquisition of Corvus Insurance
Jan 3 2024 // The Travelers Cos. completed its previously announced acquisition of Corvus Insurance Holdings Inc., a cyber insurance managing general underwriter. The $435 million acquisition was first announced in November 2023, which...
#8 Florida Senate Committee Adopts Litigation Funding Rules; Expands Wrongful Death
Jan 23 2024 // Litigation financing could soon become more transparent and less influential in Florida, but a 34-year-old restriction on who can file medical malpractice wrongful death claims would be expanded under bills approved Monday...
#9 Travelers to Buy Cyber MGU Corvus for $435 Million
Nov 3 2023 // The Travelers Companies today said it has agreed to buy cyber managing general underwriter Corvus Insurance Holdings, Inc. for about $435 million for its middle-market excess and surplus lines presence. “This...
#10 Aon Completes $13B Acquisition of Middle-Market Broker NFP
Apr 26 2024 // Aon plc said late Thursday that it has completed its $13 billion acquisition of middle-market P/C broker NFP. The purchase price will be funded by $7 billion in cash and $6 billion of Aon stock. Closing was earlier than...
#11 Towers Watson Again Denied Coverage for $90M Settlements Over 2016 Willis Merger
Mar 11 2024 // Towers Watson has been hit with another roadblock on its long and winding road to reach coverage for $90 million in settlements of two lawsuits related to its merger with broker Willis in 2016. A Virginia federal district...
#12 Aon-NFP Merger a Win-Win for Middle Market Segment, Aon Says
Dec 22 2023 // A merger between Aon and NFP will be a win-win for both brokers, creating a company that will be greater than the sum of its parts. While those weren’t the exact words used by Aon’s CEO Greg Case, they were...
#13 Arch Insurance to Buy Allianz’s U.S. MidCorp & Entertainment Insurance Businesses
Apr 5 2024 // Arch Insurance North America, part of Bermuda’s Arch Capital Group Ltd., announced it has entered into an agreement to acquire Allianz Global Corporate & Specialty’s US MidCorp and Entertainment businesses...
#14 Marsh McLennan Agency to Buy Fisher Brown Bottrell for About $316M
Apr 24 2024 // Marsh McLennan Agency, a subsidiary of Marsh, said it has a definitive agreement to acquire one of the largest agencies in the Southeast—Fisher Brown Bottrell Insurance, Inc. Marsh McLennan Agency will pay $315.9 million...
#15 Most Americans Want Legal Reforms Against Practices Like Litigation Funding: Survey
Mar 6 2024 // A majority of Americans are unaware of third-party litigation funding but most believe state and federal laws should be changed to address abuses in the legal system. According to the results of a recent survey of 2,000...
#16 Marsh McLennan Agency Acquires Graham Company
Aug 2 2023 // Marsh McLennan Agency, a subsidiary of Marsh, announced Aug. 1 the acquisition of Graham Company, a leading risk management consultancy and one of the top independent insurance and employee benefits brokers in the...
#17 Fired ‘Mandalorian’ Actor Sues Disney With Funding From Elon Musk
Feb 8 2024 // Actor Gina Carano sued Walt Disney for wrongful termination from Star Wars series “The Mandalorian” in a lawsuit filed Feb 6 and backed by billionaire Elon Musk. Carano argued in the suit that she was fired in...
#18 Chubb to Acquire MGA Healthy Paws From Aon
Apr 23 2024 // Chubb said it is acquiring managing general agent Healthy Paws from Aon plc. Whitehouse Station, New Jersey-based Chubb has been the exclusive underwriter of Healthy Paws’ pet insurance program for Aon since 2013....
#19 Largest Decline Ever in Agency M&A Through First Three Quarters: OPTIS
Nov 1 2023 // Investment banking and financial firm OPTIS Partners said the count of agency mergers and acquisitions through the first three quarters of 2023 saw the largest decline ever recorded. There were 534 announced M&A deals...
#20 Gallatin Point Buys Majority Stake in American Family’s Florida Unit, Has National Plans
Jan 4 2024 // If you can make it in Florida, you can make it anywhere—especially if you have a billion dollars in capital. That may be the thinking behind a plan by Gallatin Point Capital to purchase a majority stake in Trusted...
