merger and acquisition News

Georgia’s State Bank & Trust Acquires Boyett Agency, Creates Insurance Division

State Bank and Trust Co., a wholly-owned subsidiary of State Bank Financial Corp., has launched an insurance division to offer State Bank customers a range of personal and commercial insurance products. State Bank enters the insurance business through the acquisition …

White Mountains Buys Majority Stake in Internet Insurance Broker Tranzact

White Mountains Insurance Group Ltd. purchased a majority stake in Tranzact for $178 million as the insurer renews its bet on policy sales through the Internet. White Mountains acquired 63 percent of Tranzact, which operates DirectHealth.com, the online insurance comparison …

Sedgwick Finalizes T&H, VeriClaim Acquisition

Memphis-based Sedgwick Claims Management Services Inc. said it has completed its purchase of T&H Global Holdings, LLC and its subsidiaries (T&H). Terms were not disclosed. The acquisition brings to Sedgwick the people, business resources and global market presence of T&H’s …