Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Hub International Acquires Canada Broker Huestis Commercial Insurance
Nov 6 2012 // Chicago-based Hub International Limited announced that it has acquired the shares of Huestis Commercial Insurance Ltd. (HCIL), a Saint John, New Brunswick, Canada-based insurance brokerage firm. Terms of the acquisition...
RLI Acquires Medical Malpractice Underwriting Agency
Nov 5 2012 // RLI Corp. has acquired Rockbridge Underwriting Agency, a managing general agency specializing in medical malpractice insurance. Rockbridge Underwriting Agency is a Houston-based managing general agency specializing in...
Businesses Call for Controls on Litigation Funding Firms
Nov 5 2012 // A business lobby group wants the U.S. Congress to regulate companies that provide financing for commercial lawsuits, describing the practice as “coercive enterprise.” The U.S. Chamber of Commerce Institute for...
Arthur J. Gallagher & Co. Acquires Aires Consulting Group
Oct 30 2012 // Arthur J. Gallagher & Co. has acquired of Aires Consulting Group Inc., headquartered in Batavia, Ill. Terms of the transaction were not disclosed. Founded in 1985, Aires Consulting Group, Inc. (Aires) is a licensed...
The Doctors Co. to Acquire Utah Medical Insurance Association
Oct 30 2012 // Utah Medical Insurance Association, a provider of medical professional liability insurance for physicians, and The Doctors Co., an insurer of physician and surgeon medical professional liability, have entered into a merger...
Burnham Benefits Names Two Partners in Southern California
Oct 29 2012 // Irvine, Calif.-based Burnham Benefits Insurance Services named Melanie Thomas and Dan Excee as equity partners. For the past 13 years, Thomas has been a contributor to Burnham Benefits working with mid- and large-size...
Aon to Target Small Acquisitions in 2013
Oct 26 2012 // Aon Plc’s quarterly profit beat analysts’ estimates as investments aimed at increasing margins at its human resources services unit helped boost profit, and the company said it planned a series of small...
Businesses Call for Controls on Litigation Funding Firms
Oct 26 2012 // A business lobby group has called on the U.S. Congress to regulate companies that provide financing for commercial lawsuits, describing the practice as “coercive enterprise.” The U.S. Chamber of Commerce...
Insurance Software Firm Ebix Partners With E-Signature Provider Silanis
Oct 25 2012 // Atlanta-based insurance software and e-commerce platform supplier Ebix Inc. is partnering with electronic-signature services provider Silanis. Ebix Inc. said Silanis’ technology will now become the preferred...
Arthur J. Gallagher Acquires Park Row Associates in Rhode Island
Oct 24 2012 // Itasca, Ill.-headquartered global insurance broker Arthur J. Gallagher & Co. has acquired Park Row Associates Inc. in Providence, R.I., from its parent company, Delta Dental of Rhode Island. Terms of the transaction...
Powter Acquires Jordan in Texas
Oct 22 2012 // Powter Insurance Inc. has acquired Jordan and Jordan Insurance Group, of Frisco, Texas. Jordan and Jordan Inc., which will continue to operate separately under its current structure, operates both commercial insurance and...
Nationwide Settles Harleysville Merger Suit
Oct 22 2012 // Nationwide Mutual Insurance Co. announced on Oct. 11 that it has agreed to settle litigation related to the merger with Harleysville Mutual Insurance Co. The $26 million settlement relates to In re Harleysville Mutual, a...
Electric Insurance Acquires Renewal Rights for Millers First Personal Lines
Oct 18 2012 // Beverly, Mass.-based Electric Insurance Co. has entered into an agreement for renewal rights to preferred personal lines business of Millers First Insurance Co. and Millers Classified Insurance Co. (collectively...
Hong Kong’s Li Nears $2 Billion Acquisition of ING Units: Reuters
Oct 18 2012 // Hong Kong businessman Richard Li, younger son of Asia’s richest man Li Ka-shing, is nearing a deal to buy ING’s Hong Kong and Thailand business for over $2 billion, sources with direct knowledge of the matter...
Mapfre Says Turkey Key to Its Expansion; Acquires Motor Repair Firm
Oct 18 2012 // Turkey holds strategic significance for insurer Mapfre in its plans to expand into East Europe and the Middle East, the chairman of the company said in remarks in Istanbul. Antonio Huertas confirmed his company’s...
Arthur J. Gallagher & Co. Acquires Unison Inc.
Oct 12 2012 // Arthur J. Gallagher & Co. announced the acquisition of employee benefits insurance broker Unison Inc. in Minnetonka, Minn. Terms of the transaction were not disclosed. Founded in 1980, Unison offers a full range of...
Hastings Mutual Insurance Partners with National Farmers Union
Oct 11 2012 // Hastings Mutual Insurance Co., a regional property/casualty insurance carrier headquartered in Hastings, Mich., announced a new marketing partnership with National Farmers Union. Through this new partnership, Hastings...
Arthur J. Gallagher & Co. Acquires Coyle Insurance Agency
Oct 11 2012 // Arthur J. Gallagher & Co. has acquired Coyle Insurance Agency Inc., in Peoria, Ill.. Terms of the transaction were not disclosed. Founded in 1984, Coyle Insurance is a retail insurance broker providing...
Kaufman Financial Group Acquires Premium Insurance Auditor
Oct 9 2012 // The H.W. Kaufman Financial Group announced the acquisition of Mertens Enterprises Inc. (DBA Tracz & Associates), a provider of premium insurance audit services headquartered in Lockport, Ill. The transaction closed on...
Cameron, Louisiana Residents Urged to Buy Flood Insurance Now
Oct 9 2012 // Residents without flood insurance in Louisiana’s Cameron Parish should buy coverage before the new Federal Emergency Management Agency flood maps become effective Nov. 16 so they can get the best premiums, a FEMA...
