Insurance Mergers & Moves: Friday, September 27, 2013

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September 27, 2013 Business Moves & Mergers of Special Note Maryland's IWIF to Convert to Private, Not-for-Profit Insurer on Oct. 1 Sep 24, 2013 -- On Oct. 1, IWIF, Maryland's largest provider of workers' compensation insurance, will launch a new name and corporate structure as a ... ProAssurance to Acquire Workers' Comp Insurer Eastern Holdings Sep 24, 2013 -- Medical professional liability insurer ProAssurance Corp. said it is acquiring monoline workers' compensation insurer Eastern Insurance ... JLT to Acquire Towers Watson Reinsurance Brokerage Unit, Expand Into U.S. Sep 20, 2013 -- UK-based broker Jardine Lloyd Thompson Group plc (JLT) said it is acquiring the reinsurance brokerage business of New York-based Towers ... Ryan Specialty Group Announces Merger of S.H. Smith & Co. Into R-T Specialty Sep 16, 2013 -- Ryan Specialty Group LLC today announced that it reached agreement to merge S.H. Smith & Company Inc. into R-T Specialty LLC, the wholesale ... Business Moves & Mergers TWFG Surpasses 300-Branch Mark with 24 New Offices Sep 25, 2013 -- The Woodlands Financial Group's TWFG Insurance Services division, based in The Woodlands Texas, has added another 24 offices to its ... Fairfax Consortium Bids $4.7 Billion to Take BlackBerry Private Sep 24, 2013 -- Smartphone maker BlackBerry has agreed to go private in a $4.7 billion deal led by its biggest shareholder, allowing the on-the-go email ... Cooper Gay and Swett & Crawford Acquires Lloyd's Broker NMB Sep 23, 2013 -- Cooper Gay Swett & Crawford (CGSC) has announced the acquisition of independent Lloyd's insurance and reinsurance brokerage group ... Ascension Acquires North Carolina Transportation Broker Transure Sep 19, 2013 -- Ascension Insurance Inc. has acquired transportation and trucking specialist Transure Services Inc., located in Whitsett, North Carolina. ... Texas-Based NLASCO Re-Brands as National Lloyds Corp, Sep 18, 2013 -- Waco, Texas-based NLASCO, a wholly owned subsidiary of Hilltop Holdings Inc., announced that the company has changed its name to National ... Michigan's Doeren Mayhew, Wolf-Hulbert Form New Insurance Group Sep 18, 2013 -- Accounting and advisory firm Doeren Mayhew announced it has merged with the Michigan-based insurance agency, Wolf-Hulbert Co. LLC, to form ... All Risks Ltd. Opens an Office in New Orleans Area Sep 18, 2013 -- Independent insurance wholesaler, All Risks Ltd., announced the opening of an office in Metairie, La. This is the twenty-second office for ... Arthur J. Gallagher Acquires U.K.'s Belmont International Sep 18, 2013 -- Arthur J. Gallagher & Co. has acquired Belmont International, located in Kent, England. Terms of the transaction were not disclosed. ... Confie Seguros Acquires Affirmative's Retail Agency Group Sep 18, 2013 -- Confie Seguros, a national group of personal lines insurance brokers, has agreed to acquire the retail distribution arm of Affirmative ... Networked in California Under New Ownership Sep 17, 2013 -- Property/casualty aggregator Networked Insurance Agents announced today that a small group of individual investors has acquired the company ... ANV in Strategic Deal with Ryan Specialty for Lloyd's Managing Agency Jubilee Sep 17, 2013 -- ANV Holdings BV, the Dutch-headquartered specialty insurance business founded by CEO R. Matthew Fairfield, and Ryan Specialty Group, LLC ... Capital Benefits Group in Texas Becomes a Higginbotham Company Sep 11, 2013 -- Higginbotham and Capital Benefits Group have merged their operations, becoming what the companies believe to be the largest independent ... Krauter & Company Brings Brokerage Services to Texas Sep 9, 2013 -- Krauter & Company has added a 10th U.S. base of operations with the addition of a new office in Houston. The Texas-based team will ... NFP Acquires Insurance West Corporation in California Sep 9, 2013 -- NFP Property & Casualty Services Inc. has acquired Insurance West Corporation, an independent insurance agency in Simi Valley, Calif. ... American Family Insurance to Acquire Homesite Group for $616M Sep 6, 2013 -- Madison, Wis.-based American Family Insurance announced that it reached agreement to acquire direct homeowners insurer Homesite Group Inc. ... KKR to Buy Claims Technology Firm Mitchell in $1B Deal Sep 6, 2013 -- KKR & Co., the private-equity firm led by Henry Kravis and George Roberts, agreed to buy ., the first buyout by the firm's technology ... Confie Seguros Acquires Olympic Insurance in Washington Sep 4, 2013 -- Confie Seguros has acquired Olympic Insurance in Shelton, Wash., a provider of auto, home and small commercial insurance. Olympic ... AJ Gallagher to Acquire UK's Giles Group of Companies Sep 4, 2013 -- Arthur J. Gallagher & Co. announced that it has signed an agreement to acquire the Giles Group of Companies, headquartered in London, ... UK's Nexus Underwriting Takes Over Torus Executive Risks Sep 4, 2013 -- UK-based Nexus Underwriting Management Limited announced that it has acquired Torus Insurance Holdings Limited entire holding in Torus ... RGEB Acquires Group Health Business of Archer Weiss in California Sep 3, 2013 -- RGEB Employee Benefits has acquired the individual, Medicare and group health insurance business of Archer Weiss, a firm providing health ... AssuredPartners Inc. Acquires GBP Risk Solutions in Arizona Aug 30, 2013 -- AssuredPartners Inc. has completed the acquisition of Golseth & Gregson Insurance Services (dba GBP Risk Solutions), an independent ... INSURICA Announces Flurry of Acquisition Activity Aug 29, 2013 -- Oklahoma City-based INSURICA Insurance Management Network announced the acquisition of five insurance agencies since December 2012. The ... Tennessee's Jamieson & Fisher Joins Keystone Insurers Group Aug 29, 2013 -- Keystone Insurers Group said Covington, Tenn.-based agency Jamieson & Fisher Inc. has become its 21st franchise partner in the state. ... 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