U.S. Risk Insurance Group, Inc. has entered into an agreement involving the acquisition by U.S. Risk of an undisclosed ownership interest in Florida-based Strategic Program Managers, a specialist trucking MGA and broker. The combined premium volume in this class will …
Strickland Insurance Group, Inc. has reached a definitive agreement for Atlantic Casualty Insurance Co., based in Goldsboro, N.C., to be acquired by Auto-Owners Insurance Group of Lansing, Mich. According to Bobby Strickland, chairman and CEO of Atlantic Casualty Insurance Co., …
Regions Insurance, Inc., a subsidiary of Regions Insurance Group, Inc. and an affiliate of Regions Bank, has acquired The A.I. Group, Inc., with offices in Greater Atlanta and Athens, Georgia. The A.I. Group provides employee benefits consulting and insurance brokerage …
Regions Insurance, Inc., an affiliate of Regions Bank, has entered into an agreement with the Ronald F. Holehouse Agency to obtain the firm’s personnel and accounts. Financial terms of the agreement are not disclosed. Agency founder Ron Holehouse, along with …
Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Cooper, Simms, Nelson & Mosley (Cooper Simms), based in Winter Park, Fla. Terms of the acquisition were not disclosed. Cooper Simms is a full service firm with …
Berkshire Hathaway’s MedPro Group has agreed to acquire Oklahoma healthcare liability insurer PLICO Inc., which is owned by the Oklahoma State Medical Association (OSMA). The boards of each entity have approved OSMA’s sale to MedPro of 100 percent ownership of …
Aetna Inc.’s $37 billion deal to buy smaller health insurer Humana Inc. will face rigorous scrutiny from U.S. regulators, which antitrust experts said could also make other large-scale mergers in the sector more difficult. The Aetna-Humana tie-up would be the …
In a major transaction, ACE Limited has agreed to acquire The Chubb Corp. for $28.3 billion in cash and stock. The two firms said the combined company will have complementary businesses, skills and distribution and greater growth and earnings than …
International insurance broker and risk management firm Integro Ltd. has further expanded its benefits practice with the acquisition of Clearview Group, an Atlanta-based national health benefits consultant with a subspecialty serving the private equity industry. Financial details of the transaction …
Cigna Corp. rejected Anthem Inc.’s $47 billion takeover bid, saying it was inadequate, not in the best interests of shareholders and that Anthem’s management wasn’t fit to lead a merged insurance giant. Anthem on Saturday offered to buy the smaller …
