Insurance Mergers & Moves: Friday, July 13, 2012

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July 13, 2012 Business Moves & Mergers of Special Note Marsh & McLennan Agency Acquires Security Insurance Services Jul 11, 2012 -- Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc.,  announced the acquisition of Security Insurance ... WellPoint to Buy Amerigroup for $4.46 Billion Jul 9, 2012 -- Health insurer WellPoint Inc. will buy rival Amerigroup Corp. for about $4.46 billion to create a company that will serve 4.5 million ... CBIZ Acquires Texas-Based Stolz and Co. Jul 3, 2012 -- Ohio-based professional business services firm, CBIZ Inc., announced it has acquired the assets of insurance firm Stoltz and Co. LTD., ... Michigan's InPro Insurance Group Acquires Falvay-Counihan Insurance Jun 27, 2012 -- InPro Insurance Group, a Troy, Mich.-based independent insurance agency, announced the acquisition of Falvay-Counihan Insurance Inc., of ... Business Moves & Mergers United Valley Adds Nine in Arizona and Nevada Jul 12, 2012 -- Fresno, Calif.-based-United Valley Insurance Services Inc., a network of independently owned insurance agencies, has expanded its ... Allied World U.S. Launches Construction Casualty Unit in New York Jul 11, 2012 -- Switzerland-headquartered Allied World Assurance Company Holdings AG has expanded its U.S. casualty operations with the launch of a new ... 2 New Agencies Join N.J.'s Consolidated Insurance Agents Jul 11, 2012 -- Consolidated Insurance Agents, an exclusive network of independently owned and operated insurance agencies in New Jersey, added two new ... S.A.C. Re Begins Operations in Bermuda; $500 Million in Capital Jul 10, 2012 -- S.A.C. Re, Ltd. announced that it has commenced operations with $500 million of contributed capital, raised in a private placement of the ... Catalina Holdings Acquiring Two Insurance Operations from HSBC Jul 9, 2012 -- Catalina Holdings (Bermuda) Ltd. announced that it has signed a definitive agreement to acquire two legacy businesses, HSBC Reinsurance ... UK Insurer Aviva Culls Units in Turnaround Drive Jul 6, 2012 -- Aviva, the UK's No.2 insurer, plans to sell or close more than a quarter of its businesses in a shake-up aimed at regaining the support of ... InPro Insurance Group Acquires Industrial Insurance Services Jul 6, 2012 -- InPro Insurance Group, a Troy, Mich.-based independent insurance agency, has acuiqired Industrial Insurance Services Inc. of Troy. Through ... Willis' Faber Global Division Establishes Singapore Office Jul 5, 2012 -- Faber Global, the facultative and wholesale reinsurance arm of Willis Group Holdings, announced that it has increased its global reach by ... Arthur J. Gallagher & Co. Acquires Miller Buettner & Parrott Inc. Jul 3, 2012 -- Insurance broker Arthur J. Gallagher & Co. has acquired Miller Buettner & Parrott Inc. in Rockford, Ill. Founded in 1998, Miller ... BancorpSouth Insurance Acquires Alabama Agency, Securance Group Jul 3, 2012 -- BancorpSouth Insurance Services Inc., headquartered in Tupelo, Mississippi, has agreed to acquire the assets of The Securance Group, Inc., ... CNA Completes Acquisition of Hardy Underwriting Bermuda Ltd. Jul 3, 2012 -- Chicago-based CNA Financial Corporation and Hardy Underwriting Bermuda Limited announced the successful completion of CNA's acquisition of ... Confie Seguros Adds 3 Agencies; Names Maxwell to M&A Post Jul 2, 2012 -- Confie Seguros, a national provider of personal lines insurance focused on the needs of Hispanic consumers, continued its national ... MDS Group Launches HighDome, a Self Insurance Protected Cell Company Jul 2, 2012 --  European and Latin American  insurance and reinsurance brokerage and risk consulting provider, MDS Group, announced the launch of ... White Mountains to Acquire 2 Runoff Subsidiaries From AIG Division Jun 28, 2012 -- White Mountains Solutions Holding Co., a specialist runoff acquisition operation for White Mountains Insurance Group Ltd., is continuing ... Medical Liability Insurer ProAssurance to Acquire Medmarc in Virginia Jun 28, 2012 -- ProAssurance Corporation, a Birmingham, Ala.-headquartered medical liability insurer, said it is acquiring Medmarc Insurance Group. ... Independent Nevada Doctors to Merge with ProAssurance Jun 27, 2012 -- ProAssurance Corp. (NYSE: PRA) announced that Independent Nevada Doctors Insurance Exchange, a Nevada reciprocal exchange, will become part ... Liberty Mutual's Indian Joint Venture Receives Insurance License Jun 27, 2012 -- Liberty Mutual Insurance Group announced that Liberty Videocon General Insurance Company Ltd, a joint venture between Liberty Mutual ... Britton Gallagher Acquires Wisconsin's Beckman Insurance Agency Jun 25, 2012 -- Britton Gallagher, based in Cleveland, Ohio, has acquired Beckman Insurance Agency of Wisconsin. The acquisition is part of the firm's ... White Mountains Acquires 2 PICO Holdings Insurers in Run-Off Jun 22, 2012 -- White Mountains Solutions Holding Co. , a wholly owned subsidiary of White Mountains Insurance Group, Ltd.  and the group's specialist ... Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue July 2, 2012 Agency Management Systems / Insurance Exchanges; Commercial Auto; Digital Product Guide 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 New Insurance Jobs Personal Lines & Commercial CSRs Account Manager Underwriter: Personal Lines - Excess & Surplus Account Manager - Commercial Insurance Have a job opening? 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