Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Rains Insurance Acquires Sunbelt Agency in Tennessee
Sep 7 2022 // Rains Insurance Inc. has acquired the operating assets of Chattanooga-based Sunbelt Group, marking the first acquisition of an independent insurance agency by Rains. Rains, also an independent agency, is a subsidiary of...
NFP Expands Its Specialty Transportation With Acquisition of Quantum Risk Solutions
Sep 7 2022 // Major insurance broker NFP has acquired Quantum Risk Solutions, a Somerville, New Jersey-based managing general underwriter and wholesaler. Quantum specializes in insurance and risk management products for auto...
Truist Acquires Premium Finance Firm From Bank Holding Company
Sep 7 2022 // Truist Insurance Holdings Inc., one of the largest U.S. brokerages and a part of Truist Financial Corp., announced that it has agreed to acquire the national premium finance company BankDirect Capital Finance from Texas...
Hub Acquires Miniter Group, a Lending Risk Insurance Specialist in Massachusetts
Sep 7 2022 // Global insurance broker HUB International Ltd. has acquired the assets of James L. Miniter Insurance Agency, Inc. Located in Rockland, Massachusetts, Miniter Group is a provider of lending risk products and services in the...
Alera Group Acquires Texas’ Greenhill
Sep 6 2022 // Alera Group, a top independent national insurance and wealth services firm, today announced the acquisition of Houston, Texas-based Greenhill Insurance Services, a managing general underwriter and program manager with...
Crest Acquires Spiegler Insurance Services in California
Sep 6 2022 // Crest Insurance Group acquired Spiegler Insurance Services in La Jolla, California. Founder Steven H. Spiegler will play a role in the post-transaction process. Crest also adds the Mike, a senior broker with Spiegler...
Sompo International Sells Run-off Business at Lloyd’s to Legacy Specialist RiverStone
Sep 2 2022 // Sompo International, the Bermuda-based provider of commercial and consumer property and casualty re/insurance, announced the sale of its Endurance at Lloyd’s (EAL) run-off business to RiverStone Holdings Ltd., the...
Marsh McLennan Acquires South Carolina Agency
Sep 2 2022 // Marsh McLennan Agency, a subsidiary of Marsh, has acquired Steinberg & Associates, an independent agency based in Spartanburg, South Carolina. Steinberg, founded in 1969, offers employee health and benefits, estate...
Despite Supreme Court Win, Most Maine Religious Schools Shun State Funding
Sep 1 2022 // Parents of children enrolled in Maine religious schools fought for years — all the way to the U.S. Supreme Court — for the state to treat tuition reimbursements the same as other private schools. But only one of the...
Hilb Group Acquires Cook & Co. in Massachusetts
Aug 31 2022 // Insurance broker The Hilb Group reports it has acquired Massachusetts-based Cook & Company Insurance Services in Hanover. Cook & Co. offers health plan consulting and brokerage services to employers in New England,...
BenefitMall Acquires Iowa-Based Mutual Med
Aug 30 2022 // BenefitMall, a provider of next-generation broker services, announced the acquisition of Mutual Med, a Davenport, Iowa-based insurance distributor providing sales counseling and support for benefits agents serving large...
World Insurance Associates Acquires Kansas’ Woody Insurance Group
Aug 30 2022 // World Insurance Associates LLC announced that it acquired The Woody Insurance Group of Prairie Village, Kansas on August 1, 2022. Terms of the transaction were not disclosed. The Woody Insurance Group has been providing...
Generali Completes Acquisition of AXA’s Malaysian P/C and Life Businesses
Aug 30 2022 // Generali has completed the acquisition of the majority stakes in the AXA’s property/casualty and life businesses in Malaysia, which will position it as a top-tier general (or P/C) insurer in the country, in line with...
Biz Moves: PCF Acquires Apple Insurance in Florida
Aug 30 2022 // PCF Insurance Services (PCF), a brokerage headquartered in Lehi, Utah, has acquired Florida-based insurance broker Apple Insurance and Financial Services. Apple Insurance is an individual health and Medicare insurance...
World Insurance Acquires 2 Massachusetts Agencies: Tarpey and Rush-Kent
Aug 26 2022 // Insurance broker World Insurance Associates acquired two Massachusetts agencies: Tarpey Insurance Group of Wakefield, and Rush-Kent Insurance Agency Inc. of Arlington, on August 1. Tarpey is a family-owned and operated...
Arthur J. Gallagher & Co. Acquires Louisiana-Based Watkins
Aug 25 2022 // Arthur J. Gallagher & Co. today announced the acquisition of Alexandria, Louisiana-based Watkins Insurance & Benefits, LLC, dba Watkins Group — Insurance & Benefits Specialists. Terms of the transaction were...
Highstreet Acquires Michigan’s Paragon Underwriters
Aug 25 2022 // Highstreet Insurance Partners has acquired Michigan-based Paragon Underwriters. Paragon Underwriters is a program manager that focuses exclusively on attorneys and law firms. Highstreet. has now completed 125 transactions...
Hub Acquires Winter Harbor Insurance Group in Massachusetts
Aug 25 2022 // Global insurance broker Hub International reports it has acquired the assets of Winter Harbor Insurance Group. Located in Woburn, Massachusetts, Winter Harbor Insurance Group is an independent insurance agency providing...
Risk Strategies Acquires New Jersey’s Dickstein Associates
Aug 24 2022 // Risk Strategies, a Boston-based national specialty insurance brokerage, has acquired Dickstein Associates Agency, a retail insurance agency located in Tinton Falls, New Jersey. Founded in 1965, Dickstein Associates...
One80 Intermediaries Acquires Pennsylvania Wholesale Broker Agentic
Aug 24 2022 // Boston-based specialty insurance broker One80 Intermediaries reports that it has acquired wholesaler broker Agentic Insurance of Radnor, Pennsylvania. Agentic is a privately owned specialty operation providing professional...
