Friday 11 January 2013

Insurance Mergers & Moves: Friday, January 11, 2013

Insurance Mergers & Moves
January 11, 2013
Business Moves & Mergers of Special Note

Confie Eyes More Expansion, Push Into Standard Lines

Jan 10, 2013 -- In the coming year Confie Seguros plans to up its buying spree and expand into standard personal and small commercial lines, while ...

Monster Insurance Acquires Renewal Rights for OneBeacon Energy Book

Jan 8, 2013 -- MarketScout, the national electronic insurance exchange and specialty MGA headquartered in Dallas, announced that MarketScout subsidiary, ...

Fidelity National Financial Buys Health Insurance Broker Digital Insurance

Jan 3, 2013 -- Florida-based title insurer and financial services firm Fidelity National Financial Inc. has acquired Digital Insurance Inc., a health ...

Brown & Riding in California Merges with Travis-Pedersen

Dec 28, 2012 -- Los Angeles, Calif.-based Brown & Riding and Chicago, Ill.-based Travis-Pedersen have inked a deal that creates a large ...
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Business Moves & Mergers

China Regulator Seeks Information on HSBC-Ping An Deal

Jan 11, 2013 -- China's insurance regulator is seeking more information from Ping An Insurance after reviewing HSBC's planned sale of its $9.4 billion ...

Peak Re Launched in Hong Kong for 'Underserved' Asia Pacific Markets

Jan 10, 2013 -- Peak Reinsurance Company Limited formally announced that it has opened for business. The new reinsurer, established to capture the growing ...

USI Insurance Services Buys Illinois-Based Pediatrics Insurance Consultants

Jan 10, 2013 -- USI Insurance Services LLC has acquired Pediatrics Insurance Consultants (PIC), based in Chicago, Ill. PIC is the insurance member benefits ...

HUB International Acquires the Assets of Maritime Insurance Group

Jan 10, 2013 -- Hub International Limited (Hub) has acquired Maritime Insurance Group Inc. (Maritime) an insurance agency with its principal office located ...
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Home Value Insurance Co. Dissolved

Jan 9, 2013 -- The rehabilitation of Calif.-based Home Value Insurance Co. (HVIC) has been ended and the corporation has been dissolved by order of the ...

HUB International Acquires Louisiana-Based Brokerage Benefit Concepts

Jan 9, 2013 -- Insurance broker Hub International Limited (Hub) has acquired the assets of Benefit Concepts Inc. (BCI), a Shreveport, La.-based employee ...

China's Insurance Regulator Expected to Reject $9.4 Billion HSBC Deal

Jan 9, 2013 -- China's insurance regulator is expected to reject HSBC's sale of its $9.4 billion stake in Ping An Insurance to Thai conglomerate CP Group, ...

Tennessee's BOA Insurance Joins Keystone Insurers Group

Jan 9, 2013 -- Burchfiel Overbay & Associates Insurance Agency of Sevierville, Tenn., operating as BOA Insurance Agency, is now a partner to insurance ...

Digital Insurance Acquires Missouri-based Health Star Consulting

Jan 9, 2013 -- Digital Insurance announced the acquisition of Health Star Consulting of Clayton, Mo. The benefits firm merged with the St. Louis office of ...

ISU Network Adds RHD Insurance in Midwest

Jan 9, 2013 -- San Francisco-based ISU Network has added ISU RHD Insurance, an independent insurance agency in Lincoln, Neb. Michael J. Hall and his ...

Argo Group Establishes New Sidecar, Harambee Re

Jan 8, 2013 -- Argo Group International Holdings, Ltd. has established Harambee Re 2013-1 Ltd for the 2013 accident year. This is the first sidecar ...

Bolton & Co. Acquires Preferred Specialty in Southern California

Jan 8, 2013 -- Pasadena, Calif.-based Bolton & Co. acquired Preferred Specialty Insurance Services, an independent insurance agency providing ...

Skelton-Morris Joins Keystone Insurers in Georgia

Jan 8, 2013 -- Skelton-Morris Associates, a Hartwell, Ga.-based insurance agency, is the eleventh Keystone Insurers Group partner in Georgia. ...

HIIG Reorganizes Domestic Underwriting Operations

Jan 8, 2013 -- Houston International Insurance Group (HIIG) has reorganized ts domestic underwriting operations, which going forward will be re-branded ...

Marsh & McLennan Agency Acquires Michigan's McGraw Wentworth

Jan 8, 2013 -- Marsh & McLennan Agency LLC (MMA), a subsidiary of Marsh Inc., has acquired McGraw Wentworth Inc., an employee group benefits ...

Arthur J. Gallagher Acquires Insurance Risk Managers of Missouri

Jan 8, 2013 -- Arthur J. Gallagher & Co. has acquired Insurance Risk Managers of Missouri Inc. in St. Louis. Terms of the transaction were not ...

Russell Bond Buys Independent Garage and Towing Contractors Services in N.Y.

Jan 4, 2013 -- Buffalo, N.Y.-based insurance wholesaler Russell Bond & Co. Inc. recently acquired Independent Garage and Towing Contractors Services Inc. ...

Arthur J. Gallagher & Co. Acquires Gardner & White in Indiana

Jan 4, 2013 -- Arthur J. Gallagher & Co. has acquired Gardner & White Corp. (Gardner & White) headquartered in Indianapolis, Ind. Terms of the ...

Marsh & McLennan Agency Acquires Minnesota-Based Liscomb Hood Mason

Jan 4, 2013 -- Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Liscomb Hood Mason Co., a $2.2 million ...

EPIC Acquires Homeplace Insurance Brokers in Southern California

Jan 4, 2013 -- Edgewood Partners Insurance Center entered into an agreement to acquire Ontario, Calif.-based Homeplace Insurance Brokers Inc. The Ontario ...

BMS Group Opens Sydney Office

Jan 4, 2013 -- The UK's BMS Group, an independent global broker, has announced the opening of its Sydney office, which it said "marks another ...

Hub International Acquires Oklahoma Independent Agency, CFR

Jan 3, 2013 -- Hub International Limited (Hub) has acquired CFR Inc. (CFR), a Tulsa, Okla.–based insurance brokerage firm. Terms of the acquisition were ...

USI Acquires Wick Pilcher in Arizona

Jan 3, 2013 -- USI Insurance Services acquired Phoenix, Ariz.-based Wick Pilcher Insurance Inc. Terms of the deal were not disclosed. Wick Pilcher ...

Confie Seguros Buys 3 More Florida Brokerages

Jan 3, 2013 -- Hispanic market-focused insurance agency network Confie Seguros said it has acquired three insurance brokerages in Florida that will ...

Arthur J. Gallagher Acquires Hardman & Howell in Kansas

Jan 2, 2013 -- Arthur J. Gallagher & Co. acquired Hardman & Howell Benefits in Wichita, Kan. Terms of the deal were not disclosed. Hardman & ...

Northern Montana Insurance Services Expand Operations

Dec 28, 2012 -- Northern Montana Insurance Services, a Leavitt Group affiliate, has expanded operations with new offices in Helena and Butte. Jay LeProwse ...

R-T to Acquire Workers' Comp Wholesaler IFIS in California

Dec 28, 2012 -- R-T Specialty LLC entered into a definitive agreement to acquire West Coast workers' compensation specialist International Facilities ...

Insurer Plans $15M Expansion in Indiana

Dec 28, 2012 -- An insurance company that covers churches and their activities is planning a $15 million expansion of its Fort Wayne, Ind. headquarters. ...

Arthur J. Gallagher Acquires Heiser in Illinois

Dec 28, 2012 -- Arthur J. Gallagher & Co. acquired Heiser Insurance Agency Inc. in Morton, Ill. Terms of the deal were not disclosed. Heiser Insurance ...

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