Insurance Mergers & Moves: Friday, September 28, 2012

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September 28, 2012 Business Moves & Mergers Prudential to Pay $615 Million for Hartford's Life Insurance Unit Sep 28, 2012 -- Prudential Financial Inc. will buy the individual life insurance business of Hartford Financial Services Group Inc. for $615 million in ... Tejas American General Agency Launches TAGA Program Managers Sep 27, 2012 -- Tejas American General Agency (TAGA,) a Texas-based specialist in surplus lines and wholesale insurance services, announced the launch of a ... American Family Acquiring Permanent General, Lumbermens Casualty Sep 27, 2012 -- American Family Insurance, based in Madison, Wis., is acquiring Nashville, Tenn.-based PGC Holdings Corp. and its subsidiaries, including ... Prudential Close to Deal to Buy Hartford Life Insurance Unit: WSJ Sep 27, 2012 -- Prudential Financial Inc. is close to a deal to acquire the individual life insurance business of Hartford Financial Services Group Inc, ... Service to Retail Agencies Is Aim of Texas Wholesale Insurance Group Sep 26, 2012 -- A group of Texas-based managing general agents/brokers has formed the Texas Wholesale Insurance Coalition (TWIC) with the goal of enhancing ... Hub International Expands in Caribbean with Puerto Rico Broker Buy Sep 26, 2012 -- Chicago-based Hub International Limited announced that it has entered into a definitive agreement to acquire Carrión, Laffitte & ... USI Completes Acquisition of TD Bank's U.S. Insurance Subsidiary Sep 25, 2012 -- USI Insurance Services, a brokerage and financial service firm based in Briarcliff Manor, N.Y., said Monday it has completed the ... M&A Inks Partnership Deal With Maestro Specialty in N.Y. Sep 25, 2012 -- Merger & Acquisition Services Inc. (M&A), an investment, advisory and financial services firm to the re/insurance industry, announced a ... Catalina Acquires Runoff Vehicle KX Re from Tawa Sep 24, 2012 -- Catalina Holdings (Bermuda) Ltd has announced that it has signed a definitive Share Purchase Agreement to acquire 100 percent of the shares ... Digital Insurance Acquires North Carolina's Strategic Benefit Solutions Sep 21, 2012 -- Employee benefits agency Digital Insurance in Atlanta has acquired Strategic Benefit Solutions of Raleigh, N.C., and merged it with its ... Ageas to Acquire Groupama Insurance (UK) Sep 21, 2012 -- Dutch-Belgian insurance group Ageas (the successor to Fortis) has confirmed that it has signed an agreement, through its UK subsidiary, to ... Meemic Insurance Services Now Available to Wisconsin Educators Sep 20, 2012 -- Meemic Insurance Co., a Michigan-based insurance provider offering personal auto, homeowners, and umbrella coverages tailored exclusively ... XL Group Opens New Insurance Office in Lyon France Sep 20, 2012 -- XL Group plc's insurance operations announced the opening of a new office in Lyon , France and the appointments of Auberi Etienne and ... Flood Insurer Fidelity National Indemnity to Change Name to Wright Flood Sep 19, 2012 -- Flood insurance company Fidelity National Indemnity Insurance Co. is being renamed Wright National Flood Insurance Co. The name change must ... AmWINS Forms Managing General Underwriter with Former Rockhill Execs Sep 19, 2012 -- North Carolina-based insurance wholesaler AmWINS Group Inc. said it has partnered with two insurance industry executives, Terry Younghanz ... ACE Acquires 80% of Indonesia Insurer Asuransi Jaya Proteksi Sep 19, 2012 -- ACE Limited announced that it has acquired 80 percent of Indonesian insurer PT Asuransi Jaya Proteksi. The Jakarta-based company is "one of ... AssuredPartners Acquires North Carolina's Moore & Johnson Agency Sep 18, 2012 -- AssuredPartners is making is first foray into North Carolina by purchasing the Moore & Johnson Agency. The Raleigh, North ... McCombs Risk Advisors Opens for Business in Austin, Texas Sep 18, 2012 -- McCombs Risk Advisors LLC (MRA) announced its launch as a newly created Texas-based insurance services company. MRA, which will initially ... Ryan Specialty to Buy Direct Group to Strengthen MGA and TPA Capabilities Sep 18, 2012 -- The Ryan Specialty Group (RSG) announced that it would "significantly strengthen its MGA and third party administration (TPA) capabilities ... SIAA Adds New Agency Members in Pennsylvania, New York Sep 17, 2012 -- The Strategic Insurance Agency Alliance (SIAA), a national alliance of over 4,000 independent insurance agencies, said four new agency ... SIAA Adds Midwest Agencies Sep 17, 2012 -- The Strategic Insurance Agency Alliance (SIAA) announced 30 new member agencies in August; among them are several agencies located in ... SIAA Adds Three in West Sep 14, 2012 -- Hampton, N.H.-based The Strategic Insurance Agency Alliance added three members in the West in August. SIAA added 30 total for the month. ... Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue September 24, 2012 Professional Liability Directory; The Best Insurance Agencies to Work For; Inland Marine More Newsletters Choose Newsletters Daily Headlines Weekly Reader Picks Magazine Update Insurance Journal TV Classifieds Breaking News MyNewMarkets Daily Claims Daily Enter Your E-mail New Insurance Jobs Underwriter Trainee (Bilingual)- Instant Quote Private Label Instant Quote Private Label - Underwriter Chief Information Officer (executive contract position) Underwriting Manager - Workers Compensation Have a job opening? 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