2018 mergers and acquisitions News

Hub International Acquires the Assets of Tennessee-Based The Barnett Group

Hub International Limited has acquired the assets of Barnett Corporate Insurers, LLC (or The Barnett Group). Terms of the acquisition were not disclosed. Headquartered in Memphis, Tenn., The Barnett Group provides employee benefits for more than 75,000 individuals. The company’s …

Kemper Corp. Acquires Infinity Property & Casualty of Alabama for $1.4B

Birmingham, Ala.-based Infinity Property and Casualty were bought for $1.4 billion. Kemper Corp. acquired the auto insurance provider in a cash and stock transaction, making it one of the largest nonstandard auto insurers in the country, Al.com reported. The merger …

Associated Benefits and Risk Acquiring Wisconsin’s Diversified Insurance

Associated Benefits and Risk Consulting (ABRC) announced it will acquire Diversified Insurance Solutions (Diversified), based in Milwaukee, Wisconsin. The transaction is expected to close next month. Terms of the transaction were not disclosed. Based in Green Bay, Wisconsin, ABRC is …

Ryan Specialty Group Completes Acquisition of New York’s Irwin Siegel Agency

Ryan Specialty Group LLC, a Chicago, Ill.-headquartered international specialty insurance organization, has completed its acquisition of the assets and operations of the Irwin Siegel Agency Inc. (ISA). This transaction was previously announced on January 24, 2018. ISA is a human …