Insurance Mergers & Moves: Friday, June 8, 2012

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June 8, 2012 Business Moves & Mergers of Special Note Arthur J. Gallagher & Co. Acquires Grossman & Associates Jun 7, 2012 -- Arthur J. Gallagher & Co. has acquired Grossman & Associates Inc. in Beachwood, Ohio. Terms of the transaction were not disclosed. ... Applied Systems Acquires Canada’s Compu-Quote Jun 5, 2012 -- Insurance software firm Applied Systems Inc. has acquired Compu-Quote Inc.,  a Canadian comparative insurance rating company. "The ... Dewey & Leboeuf Files for Chapter 11 in Record U.S. Law Firm Collapse May 29, 2012 -- The crippled law firm Dewey & Leboeuf LLP filed for chapter 11 bankruptcy protection Monday night and will seek approval to liquidate its ... Business Moves & Mergers Stahlka Agency Acquires Historic Square Agency's Western N.Y. Practice Jun 7, 2012 -- Stahlka Agency, an independent insurance agency and member of the EMS Group, based in Williamsville, N.Y., acquired the Western New York ... R K Harrison Completes Specialty Lines Purchases from Gibbs Hartley Cooper Jun 6, 2012 -- London-based R K Harrison announced that it completed the purchase of four businesses within Gibbs Hartley Cooper (GHC), a part of Marsh ... RSA Acquires Quebec Insurer L'Union Canadienne Jun 6, 2012 -- RSA announced that it has acquired L'Union Canadienne, Compagnie d'Assurances from  Co-operators General Insurance Company, subject to ... Insurance Exchange Ebix Acquires PlanetSoft for $40 Million Jun 5, 2012 -- Atlanta-based  insurance software and e-commerce supplier Ebix said it has agreed to buy  life insurance and annuity services provider ... Florida Cat Fund's Financial Condition Triggers A.M. Best Review of Insurer Ratings Jun 4, 2012 -- Insurers writing homeowners coverage in Florida could see a revision in their financial ratings after one of the nation's top rating ... N.H.-Based Northern United Agents Alliance Announces New Member Agency Jun 1, 2012 -- The Northern United Agents Alliance (NUAA), an independent agency partnership based in New Hampshire, said Hunkins & Eaton Insurance Agency ... USI Acquires Georgia’s Impact Benefit Management Services May 31, 2012 -- New York-based insurance broker USI Insurance Services has acquired Impact Benefit Management Services, LLC of Roswell, Georgia. USI said ... Southport Lane to Acquire Dallas National Insurance Co. May 31, 2012 -- Southport Lane, a New York-based private equity firm, through its subsidiary Lonestar Holdco LLC, will acquire Dallas National Insurance ... Wells Fargo Looking to Buy Insurance Brokers: CEO May 31, 2012 -- Wells Fargo & Co., which has been renewing its appetite for acquisitions lately, is interested in buying insurance sales businesses, ... Neace Lukens Acquires South Carolina Broker May 31, 2012 -- Louisville, Kentucky-based Neace Lukens is continuing its expansion by acquiring the independent risk management and insurance broker, ... State Auto Consolidates RED, Rockhill in North Carolina May 31, 2012 -- The specialty division of the State Auto Insurance Group is consolidating its Risk Evaluation and Design (RED) subsidiary and its ... Sun Life Forms Venture with PVI to Sell in Vietnam May 31, 2012 -- Sun Life Financial Inc. said Thursday it would form a joint venture with Vietnam's PVI Holdings that will allow Sun Life to sell insurance ... Prudential Buying U.S. Life Insurance Business from Swiss Re May 31, 2012 -- Britain's No.1 insurer Prudential Plc on Thursday said it will buy life insurer SRLC America Holding Corp. from Swiss Re AG for 398 million ... Indian Company Opens South Carolina Insurance Services Center May 30, 2012 -- An Indian company is slated to open a new facility to process insurance claims and provide insurers other financial and accounting services ... Willis Ireland Acquires Employee Benefits Firm, Attain Consulting May 30, 2012 -- Willis Risk Services (Ireland) Limited confirmed its commitment to further developing its domestic employee benefits business by acquiring ... Personable Insurance Acquires Texas-Based Endeavor General Agency May 29, 2012 -- Excellere Partners, a Denver-based private equity firm, announced that its subsidiary, Personable Insurance, has acquired Endeavor General ... 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