Insurance Mergers & Moves: Friday, October 11, 2013

Contact us | Subscribe | Send to a Friend

October 11, 2013 Business Moves & Mergers of Special Note Confie Seguros Buys 2 Agencies in New York, 1 in Texas Oct 4, 2013 -- Personal lines insurance brokerage Confie Seguros, has acquired three additional brokers — two in New York and one in Texas. Terms were ... Monsanto to Buy Weather Data Modeler, Farm Insurer Climate Corp. for $930 Million Oct 2, 2013 -- Monsanto Co., the world's largest seed company, agreed to buy The Climate Corp. for about $930 million to provide farmers with weather ... Improving Meadowbrook Ends Reinsurance Deal with Swiss Re Oct 3, 2013 -- Meadowbrook Insurance Group Inc. and Swiss Re have mutually agreed to terminate a quota-share reinsurance agreement that was put in place ... Tower Reviewing 'Strategic Options' After Reserve Shortfall Oct 8, 2013 -- Tower Group International Ltd. is reviewing a "range of strategic options" after the insurer determined it had to add $365 million to ... Business Moves & Mergers Florida's First Light Program Managers Acquires Frontline Underwriters of Mississippi Oct 10, 2013 -- First Light Program Managers of Dania, Florida, said it has acquired substantially all of the assets of wholesale broker Frontline ... JC Flowers, Apollo to Bid on Hartford's Japan Unit: Reuters Oct 10, 2013 -- Private equity firms J.C. Flowers & Co and Apollo Global Management are among a handful of companies expected to bid for Hartford ... Catalina Completes Acquisition of American Safety Re Oct 9, 2013 -- Catalina Holdings (Bermuda) Ltd. announced that it has completed its acquisition of American Safety Reinsurance, Ltd. (AS Re), from Fairfax ... USI Insurance Acquires Richard J. Princinsky & Associates in Maryland Oct 8, 2013 -- USI Insurance Services announced the closing of the acquisition of Richard J. Princinsky & Associates Inc., located in Hunt Valley, ... Confie Seguros Acquires Family Insurance in Texas Oct 4, 2013 -- Confie Seguros, a national provider of personal lines insurance based in Huntington Beach, Calif., announced it has acquired Family ... Fairfax Completes Acquisition of American Safety Oct 4, 2013 -- American Safety Insurance Holdings, Ltd. has announced the successful completion of its previously announced acquisition by Fairfax ... AssuredPartners Acquires AJM Insurance in New Jersey Oct 3, 2013 -- AssuredPartners of New Jersey, an AssuredPartners Inc. platform operation, acquired Anderson-Jackson-Metts (d/b/a/ AJM Insurance). AJM ... Arthur J. Gallagher & Co. Acquires Kansas-Based RJ Dutton Oct 3, 2013 -- Insurance brokerage and risk management services firm, Arthur J. Gallagher & Co., announced it has acquired RJ Dutton Inc. (RJ Dutton) ... Allied World Europe Acquires Markel Int'l.'s Aviation Renewal Rights Oct 3, 2013 -- Allied World Assurance Company Holdings, AG and Markel International announced that they have entered into an agreement for Allied to ... Guy Carpenter Launches Specialty Practice for Excess and Surplus Lines Carriers Oct 2, 2013 -- Guy Carpenter & Co., a global risk and reinsurance intermediary specialist and member of Marsh & McLennan Cos., announced the ... Alliant Insurance Services Acquires Fort Worth-Based EnRisk Oct 2, 2013 -- Specialty insurance brokerage firm, Alliant Insurance Services Inc., has acquired EnRisk Services Inc., a Fort Worth, Texas-based firm that ... Allianz Global Specialty Targets Nordic Region with Branch in Stockholm Oct 2, 2013 -- Allianz Global Corporate & Specialty AG (AGCS) has opened its newest branch in Stockholm, Sweden, further expanding its services within ... CNA Said Looking to Sell Annuities Unit to Focus on P/C Oct 1, 2013 -- CNA Financial Corp., the insurer controlled by Loews Corp., is looking to sell its payout annuities business to focus on property and ... Hub Acquires Florida's Connelly, Carlisle, Fields & Nichols Oct 1, 2013 -- Global insurance broker Hub International Limited has acquired the assets of Connelly, Carlisle, Fields & Nichols (CCFN), a Clearwater, ... AmTrust to Acquire The Insco Dico Group in California Sep 27, 2013 -- AmTrust Financial Services Inc. has entered into a definitive agreement to acquire The Insco Dico Group for roughly $85 million, $7 million ... ProAssurance Backing New Lloyd's Syndicate Sep 25, 2013 -- Birmingham, Alabama-based medical liability insurer ProAssurance Corp. will be the majority capital provider to the proposed new Syndicate ... Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue October 7, 2013 Professional Liability Directory; The Best Insurance Agencies to Work For; The Food Issue: Restaurants, Fast Food, Bars, Liquor Liability, Grocers, Food Trucks, Food Manufacturing & Product Recall 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 How to Advertise For information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148. View our Media Kit for advertising options in our magazines and online properties. Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2013 by Wells Media Group, Inc.