Friday 10 February 2012

Insurance Mergers & Moves: Friday, February 10, 2012

Insurance Mergers & Moves
February 10, 2012
Business Moves & Mergers of Special Note

Northern California-based ISU Network Expands In Three States

Feb 9, 2012 -- The San Francisco, Calif.-based ISU Network on Thursday announced expansions in three states, North Carolina, Maryland and North Dakota. ...

West Agencies Help SIAA Grow By 47 in January

Feb 7, 2012 -- Several agencies from the western region joined Strategic Insurance Agency Alliance in January, pushing its number added to 47 for the ...

BB&T to Acquire P/C, Life Insurance Units of Wholesaler Crump Group

Feb 3, 2012 -- North Carolina-based BB&T Corp. is buying the property/casualty and life insurance units of Roseland, N.J.- based insurance wholesaler ...

Chartis Acquires Warranty Services Provider Service Net

Feb 1, 2012 -- Chartis announced it has acquired Service Net Warranty LLC, an Indiana-based provider of warranty/extended service plan administration and ...

Kaufman Financial Acquires London’s Chesterfield Group, Texas MGA

Jan 27, 2012 -- The H.W. Kaufman Financial Group, parent company of wholesale broker and underwriting manager Burns & Wilcox, has purchased ...
Business Moves & Mergers

ISU Expands In Utah

Feb 9, 2012 -- Three Utah agencies have joined the San Francisco, Calif.-based ISU Network. ISU Service Insurance Agency in Roosevelt, Utah and ISU Rocky ...

Florida’s Agency Harbor Acquires Fidelity Insurance Associates

Feb 9, 2012 -- Harbor Insurance Agency as part of its plan to expand its market has purchased Fidelity Insurance Association. Both agencies are located in ...

ING to Split Investment Unit from Insurance Sale

Feb 9, 2012 -- ING has decided to split the sale of its Asian insurance business by auctioning its investment management business separately, a source ...

Want Fries With That Insurance Policy? Restaurants on Fidelity National’s Menu

Feb 7, 2012 -- A title insurance and mortgage services company that already owns a stake in the Bakers Square restaurant chain is buying the restaurant ...

Alleghany, Transatlantic Shareholders Approve Merger Agreement

Feb 6, 2012 -- Alleghany Corp. said its stockholders voted on Monday to approve the previously announced merger agreement with Transatlantic Holdings. ...

The Buckner Co. Acquires Leonardson Insurance in Idaho

Feb 6, 2012 -- Salt Lake City, Utah-based The Buckner Co. on Monday announced it is expanding operations Idaho with the acquisition of Leonardson ...

TDECU Insurance Acquires 2 More Texas Independent Agencies

Feb 3, 2012 -- TDECU Insurance Agency LLC announced it has acquired two independent insurance agencies: Assurance Insurance Agency Inc. (Assurance) based ...

Milliman Opens New Office in Belgium

Feb 2, 2012 -- Seattle-based independent actuarial and consulting firm Milliman announced that it has opened a new office in Brussels to augment the ...

Korea Life Considers Bid for ING’s Asia Insurance Business

Feb 2, 2012 -- Korea Life Insurance Co. Ltd said on Thursday that it is reviewing the feasibility of bidding for ING Groep NV's Asia-Pacific insurance ...

MetLife to Acquire Aviva’s Czech, Hungarian, Romanian Operations

Jan 30, 2012 -- MetLife, Inc. announced that it has agreed to acquire the life insurance businesses of UK-based Aviva plc in the Czech Republic (Aviva ...

Florida’s FCCI Names Executives for Texas, Maryland Expansion

Jan 30, 2012 -- FCCI Insurance Group has announced it is expanding its commercial insurance offerings into Maryland and Texas. The company has named ...

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February 6, 2012

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