Friday, July 12, 2013

Insurance Mergers & Moves: Friday, July 12, 2013

Insurance Mergers & Moves
July 12, 2013
Business Moves & Mergers of Special Note

McGowan Purchases Assets of Professional Risk Placements in New Jersey

Jul 8, 2013 -- The McGowan Companies, based in Fairview Park, Ohio, acquired the assets of Professional Risk Placements LLC in Red Bank, New Jersey. ...

CoreLogic to Buy Marshall & Swift/Boeckh, DataQuick for $661 Million

Jul 1, 2013 -- CoreLogic Inc. agreed to buy three real estate data companies from TPG Capital's Decision Insight Information Group for $661 million to ...

Pennsylvania Lumbermens Mutual, Indiana Lumbermens Mutual Announce Affiliation

Jul 11, 2013 -- Pennsylvania Lumbermens Mutual Insurance Company and Indiana Lumbermens Mutual Insurance Company announced on Wednesday that they have ...
Business Moves & Mergers

Swiss Re in Talks with Phoenix on Admin Re Merger

Jul 12, 2013 -- Swiss Re Ltd., the world's second- biggest reinsurer, said it's in preliminary talks about combining its Admin Re business with Phoenix ...

Lockton Opens New Commercial Insurance Office in Ft. Worth, Texas

Jul 9, 2013 -- Lockton has expanded its commercial insurance operations, opening an office in the central business district of Fort Worth, Texas. The new ...

Lockton Adds Milwaukee Insurance Brokerage Operation

Jul 9, 2013 -- Insurance and employee benefits advisor, Lockton, has opened a new operation in Milwaukee, Wis., appointing two veteran employee benefits ...

Run-Off Specialist Enstar Buying Torus Insurance to Expand Into Direct Sales

Jul 9, 2013 -- Bermuda-based Enstar Group Ltd., a firm that typically acquires and manages insurance and reinsurance companies in run-off and portfolios ...

Guy Carpenter Acquires Maine-Based Disability Reinsurance Risk Manager

Jul 8, 2013 -- Guy Carpenter & Co. LLC, a global risk and reinsurance intermediary division of N.Y.-headquartered Marsh & McLennan Companies, announced ...

Ohio Insurer Expands to Dayton

Jul 2, 2013 -- A western Ohio insurance company's expansion should mean about 200 jobs for Dayton. Springfield-based Assurant Special Property plans to ...

Corelogic in Southern California Buying Marshall & Swift/Boeckh

Jul 2, 2013 -- Real estate data provider CoreLogic is buying Marshall & Swift/Boeckh and DataQuick Information Solutions for $661 million, helping to ...

Brown & Brown Completes Beecher Carlson Acquisition

Jul 1, 2013 -- Brown & Brown Inc. said it has completed the previously-announced acquisition of Beecher Carlson Holdings Inc. In May, Florida-based ...

Confie Seguros Acquires CW Baker, Lewiston Insurance Agencies in New York

Jul 1, 2013 -- Hispanic market-focused insurance agency network Confie Seguros announced the acquisition of CW Baker Insurance Agency and Lewiston ...

Holborn Buys Ownership Stake in Stonybrook Capital

Jul 1, 2013 -- New York-based reinsurance broker Holborn Corp. has acquired an ownership stake in Stonybrook Capital LLC, an investment banking advisor ...

Australian Insurance Broker Network Plans Nation's Biggest IPO Since 2010

Jul 1, 2013 -- Steadfast Group Ltd., Australia's largest network of insurance brokers, plans to raise as much as A$562.8 million ($515 million) in the ...

MHBT Acquires Wells Fargo Insurance Office in Texas

Jun 28, 2013 -- Dallas, Texas-based MHBT Inc. has acquired Wells Fargo's insurance brokerage operations in Lubbock, Texas. The deal includes all ...

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July 1, 2013
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