Trending Mergers & Acquisitions Headlines
The most viewed headlines from our Mergers & Acquisitions Topic Page over the last 30 days.
#1 Marsh McLennan Agency to Acquire The Horton Group
Jul 10 2024 // Marsh McLennan Agency said it has a definite agreement to buy Illinois-based brokerage The Horton Group, Inc. Terms were not disclosed. The deal is expected to close during the third quarter 2024. “We have been...
#2 Zurich to Buy AIG’s Travel Insurance Business for $600 Million
Jun 26 2024 // Zurich early Wednesday said it is purchasing the global personal travel insurance business of American International Group (AIG) for $600 million. The deal, according to Zurich, may include an additional payment if...
#3 Onex Partners Completes Acquisition of R&Q’s Program Manager, Accredited
Jun 28 2024 // Accredited, the property/casualty program manager and subsidiary of R&Q Insurance Holdings Ltd., announced the completion of its acquisition by Onex Partners, the Toronto-based private equity company. The sale of the...
#4 Business Moves: Broker PCF Makes 4 Acquisitions in 4 States
Jun 25 2024 // Broker PCF Insurance Services continued its recent buying spree with the purchase of four insurance businesses in North Carolina, Pennsylvania, Mississippi, and Iowa. “At PCF Insurance, we are committed to...
#5 Disaster-Struck Cities Fight for Aid as FEMA Funding Runs Low
Jul 17 2024 // A once in 200-years storm dumped 11 inches of rain over four hours on the central Massachusetts town of Leominster in September, washing away culverts, creating a sinkhole that swallowed cars at a dealership and flooding...
#6 Arthur J. Gallagher Acquires Cornerstone in California
Jul 2 2024 // Arthur J. Gallagher & Co. acquired Rancho Cucamonga, California-based Cornerstone Commercial & Personal Insurance Services Inc. Phil Hakopian, Allison Hakopian and their team will remain in their current location...
#7 Fleming Files Lawsuit Against James River, Alleging Fraud During JRG Re Acquisition
Jul 17 2024 // Fleming Intermediate Holdings filed a lawsuit against James River Group Holdings Ltd., alleging it had been defrauded during its $300 million acquisition of JRG Reinsurance Co. Once the deal agreement was signed in...
#8 OPTIS: Insurance Agency M&A Reaches 4-Year, First-Half Low
Jul 17 2024 // The total of insurance agency mergers and acquisitions during the first six months of 2024 was the lowest over the first half since 2020, according to investment banking and financial firm OPTIS Partners. OPTIS...
#9 Alphabet in Talks to Buy Wiz in $23 Billion Cyber Deal
Jul 15 2024 // Google parent Alphabet Inc. is in talks to acquire cybersecurity startup Wiz Inc., according to a person familiar with the matter. A deal may be worth as much as $23 billion, said the person, who asked not to be identified...
#10 PCF Insurance Acquires Multiple Agencies, Benefits Platform
Jun 25 2024 // PCF Insurance Services, a multi-state brokerage headquartered in Utah, announced it has acquired four new operations, two of them in the Southeast. The Brady Agency, offering commercial and personal lines coverage in North...
#11 Marsh McLennan Acquires Minnesota’s AmeriStar
Jul 3 2024 // Marsh McLennan Agency, a subsidiary of Marsh, announced the acquisition of AmeriStar Agency, Inc., a Wayzata, Minnesota-based independent agency. Terms of the acquisition were not disclosed. Founded in 1987, AmeriStar...
#12 PointeNorth Keeps Growing with Acquisitions in the Southeast
Jul 5 2024 // PointeNorth Insurance Group, a large agency in the Southeast, has acquired Valdosta Insurance Services and Southern Insurance Advisors, both based in Georgia. PointeNorth said in a statement that it provides growth...
#13 Hub International Acquires Wyatt Agency in Tennessee
Jul 10 2024 // Hub International Ltd., the global insurance brokerage and financial services firm, has expanded again with the acquisition of Wyatt Insurance Services in Tennessee. With offices in Knoxville and Clarksville, Wyatt is an...
#14 Heffernan Acquires Costello Insurance Associates in Arizona
Jul 12 2024 // Heffernan Insurance Brokers acquired Costello Insurance Associates in Tempe, Arizona. Pat Costello and his team of five employees will continue to service their new and existing customers Costello services clients...
#15 Gallagher Buys NetClaim, a Claims Management Firm, from NAVEX
Jul 5 2024 // Arthur J. Gallagher & Co., the global insurance brokerage and consulting firm, said its claims and risk-management subsidiary, Gallagher Bassett, has acquired Georgia-based NetClaim from NAVEX. NetClaim, in Norcross,...
#16 Hub Acquires Swanson Insurance Agency in Louisiana
Jul 15 2024 // Hub International Limited announced the acquisition of the assets of Swanson Insurance Agency, Inc. & Swanson & Associates, Inc. (collectively, Swanson Insurance Agency). Terms of the transaction were not...
#17 Massachusetts Insurance Agency Deland, Gibson Acquires Atchue Agency
Jul 17 2024 // Independent insurance agency Deland, Gibson Insurance Associates in Wellesley, Massachusetts announced it recently acquired Atchue Insurance Agency, which is located about 35 miles away in Worcester. Founded by Earl V....
#18 World Insurance Acquires Rhode Island’s Affiliated Insurance Managers
Jul 16 2024 // Insurance broker World Insurance Associates announced that it recently acquired the business of Affiliated Insurance Managers (AIM) of Warwick, Rhode Island. AIM was founded in 1937. Today the agency is primarily focused...
#19 Hub Acquires Skinner & Co. in Georgia
Jul 3 2024 // Hub International, a global insurance brokerage, has acquired Georgia-based Skinner & Co., a brokerage offering commercial coverage, performance bonds and risk management services. Terms of the deal were not disclosed....
#20 Aviva Completes Acquisition of Probitas, Re-entering Lloyd’s After More Than 20 Years
Jul 11 2024 // UK insurer Aviva announced it has completed the acquisition of Probitas Holdings (Bermuda) Ltd., which marks the company’s return to the Lloyd’s market after a hiatus of more than 20 years. The deal with...
