Friday, September 13, 2013

Insurance Mergers & Moves: Friday, September 13, 2013

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Insurance Mergers & Moves
September 13, 2013
Business Moves & Mergers of Special Note

NFP Acquires Insurance West Corporation in California

Sep 9, 2013 -- NFP Property & Casualty Services Inc. has acquired Insurance West Corporation, an independent insurance agency in Simi Valley, Calif. ...

KKR to Buy Claims Technology Firm Mitchell in $1B Deal

Sep 6, 2013 -- KKR & Co., the private-equity firm led by Henry Kravis and George Roberts, agreed to buy ., the first buyout by the firm's technology ...

AJ Gallagher to Acquire UK's Giles Group of Companies

Sep 4, 2013 -- Arthur J. Gallagher & Co. announced that it has signed an agreement to acquire the Giles Group of Companies, headquartered in London, ...
Business Moves & Mergers

Capital Benefits Group in Texas Becomes a Higginbotham Company

Sep 11, 2013 -- Higginbotham and Capital Benefits Group have merged their operations, becoming what the companies believe to be the largest independent ...

Krauter & Company Brings Brokerage Services to Texas

Sep 9, 2013 -- Krauter & Company has added a 10th U.S. base of operations with the addition of a new office in Houston. The Texas-based team will ...

American Family Insurance to Acquire Homesite Group for $616M

Sep 6, 2013 -- Madison, Wis.-based American Family Insurance announced that it reached agreement to acquire direct homeowners insurer Homesite Group Inc. ...

Confie Seguros Acquires Olympic Insurance in Washington

Sep 4, 2013 -- Confie Seguros has acquired Olympic Insurance in Shelton, Wash., a provider of auto, home and small commercial insurance. Olympic ...

UK's Nexus Underwriting Takes Over Torus Executive Risks

Sep 4, 2013 -- UK-based Nexus Underwriting Management Limited announced that it has acquired Torus Insurance Holdings Limited entire holding in Torus ...

RGEB Acquires Group Health Business of Archer Weiss in California

Sep 3, 2013 -- RGEB Employee Benefits has acquired the individual, Medicare and group health insurance business of Archer Weiss, a firm providing health ...

AssuredPartners Inc. Acquires GBP Risk Solutions in Arizona

Aug 30, 2013 -- AssuredPartners Inc. has completed the acquisition of Golseth & Gregson Insurance Services (dba GBP Risk Solutions), an independent ...

INSURICA Announces Flurry of Acquisition Activity

Aug 29, 2013 -- Oklahoma City-based INSURICA Insurance Management Network announced the acquisition of five insurance agencies since December 2012. The ...

Tennessee's Jamieson & Fisher Joins Keystone Insurers Group

Aug 29, 2013 -- Keystone Insurers Group said Covington, Tenn.-based agency Jamieson & Fisher Inc. has become its 21st franchise partner in the state. ...

Shareholders OK Sale of American Safety to Fairfax

Aug 27, 2013 -- American Safety Insurance Holdings Ltd. said its shareholders approved the merger plan between the company with Fairfax Bermuda Holdings ...

Arthur J. Gallagher Acquires Ottawa's Dickinson & Associates

Aug 27, 2013 -- Arthur J. Gallagher & Co. said it has acquired Dickinson & Associates Inc., an employee benefits brokerage in Ottawa, Ontario Terms ...

Specialty Underwriters & Risk Evaluators Acquires WSIB Insurance Agency

Aug 26, 2013 -- Specialty Underwriters & Risk Evaluators LLC has acquired Jackson, Mich.-based WSIB Insurance Agency from the Capacity Group of ...

ING Sells South Korean Insurance Unit to Asian Buyout Firm MBK

Aug 26, 2013 -- ING Groep NV sold its South Korean insurance unit on its second attempt within a year, raising about 1.84 trillion won ($1.7 billion) from ...

Travelers to Exit NFIP's Write-Your-Own Program

Aug 23, 2013 -- The Travelers Companies said it plans to discontinue its participation as a Write-Your-Own (WYO) company in the National Flood Insurance ...

Poms Adds Northern California Office

Aug 23, 2013 -- Poms & Associates Insurance Brokers Inc. has added a new branch in Sacramento. Cara Rhyner will be branch manager and oversee the ...

AssuredPartners Acquires Employee Benefit Advisory Firm AxisPointe in N.J.

Aug 23, 2013 -- Lake Mary, Fla.-based AssuredPartners Inc., through its subsidiary Herbert L. Jamison & Co., completed the acquisition of AxisPointe Inc., ...

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