Friday 21 October 2011

Insurance Mergers & Moves: Friday, October 21, 2011

Insurance Mergers & Moves
October 21, 2011
Business Moves & Mergers of Special Note

The Doctors Co. Completes Acquisition of FPIC

Oct 20, 2011 -- Medical liability insurer The Doctors Co. has completed its previously-announced acquisition of FPIC Insurance Group Inc., a major provider ...

Confie Seguros Enters Florida Market, Buys Trustway Agencies

Oct 11, 2011 -- Confie Seguros, a group of insurance agencies targeting Hispanic customers, has acquired the Miami, Florida-based Trustway Insurance ...

Allstate Closes on $1 Billion Acquisition of Esurance, Answer Financial

Oct 7, 2011 -- The Allstate Corp. said it has obtained all required regulatory approvals and closed its acquisition of Esurance and Answer Financial from ...

Atlantic Specialty Lines Acquires Financial Guarantee, American Tri-State Underwriters

Oct 7, 2011 -- Atlantic Specialty Lines Inc. (ASL) announced it has acquired Financial Guarantee Underwriters Inc. and American Tri-State Underwriters ...

Arthur J. Gallagher Acquires S. A. Freerks & Associates

Oct 7, 2011 -- Arthur J. Gallagher & Co. announced it has acquired S. A. Freerks & Associates Inc., headquartered in St. Louis, Mo. Founded in ...
Inbox Detox and the Habit of Email Excellence
Business Moves & Mergers

Lloyd’s Insurer Omega Backs Haverford Offer

Oct 20, 2011 -- Insurance entrepreneur Mark Byrne pulled ahead in the race to buy Lloyd's of London insurer Omega after Omega and its top shareholder ...

Lockton, First Equity Risk Management in South Africa Joint Venture

Oct 20, 2011 -- Insurance broker Lockton Companies LLP and First Equity Risk Management Services  Ltd are forming a South African joint venture company, ...

French Broker Filhet Allard Joins BrokersLink in Expansion Move

Oct 20, 2011 -- Filhet Allard, the 6th largest corporate broker in France, has become a member of BrokersLink, the independent insurance broker network, ...

AutoOne Employees Await as Sale to Interboro Nears Completion

Oct 19, 2011 -- As AutoOne auto insurance company transitions from one owner to another, employees can expect to face a number of changes, including some ...

Florida’s Ranew, Ranzino Agencies Merge

Oct 18, 2011 -- Two Florida insurance agencies have merged as part of a plan to increase their business in southeast Florida. Ranew Insurance President ...

Western Adjuster Jim Buckley Bought by IAS Claim Services

Oct 17, 2011 -- Jim Buckley & Associates of Anaheim, Calif. has been purchased by IAS Claim Services. Jim Buckley, a regional adjusting firm, which ...

Report AXA, Generali, Tokio Marine, MS&AD Submit Bids for HSBC Unit

Oct 14, 2011 -- European insurers AXA SA, Assicurazioni Generali SpA, Japan's Tokio Marine and MS&AD Insurance Group are among suitors to submit first ...

TowneBank Acquires North Carolina’s Stanton Taylor Agency

Oct 13, 2011 -- Hampton Roads, Virginia-based TowneBank has acquired the Stanton Taylor Agency, a Raleigh, North Carolina agency that provides insurance ...

Catalina Holdings (Bermuda) Completes Residential Loss Control Acquisition

Oct 13, 2011 -- Catalina Holdings (Bermuda) Ltd announced that following regulatory approval from the Colorado and Hawaii Departments of Insurance, it has ...

USG Opens California Satellite Office

Oct 12, 2011 -- National wholesaler and managing general agent USG Insurance Services Inc. has opened a satellite office in San Francisco, Calif. The ...

Bell-Anderson Agency in Washington Acquires Unico

Oct 11, 2011 -- Renton, Wash.-based Bell-Anderson Agency Inc. has acquired Unico Insurance of Woodinville, Wash. The terms of the deal were not disclosed. ...

Concordis to Acquire Advance Underwriting Managers

Oct 11, 2011 -- Destin, Fla.-based financial holding company Concordis Group Inc. has agreed to acquire Advance Underwriting Managers. Advance Underwriting ...

Swiss Re Opens General Aviation Office in New York

Oct 11, 2011 -- Swiss Re Corporate Solutions' aviation unit is expanding its operations in the North American general aviation (GA) market. It launched a ...

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