IFAwebnews » acquisition

Arthur Gallagher expands Upstate New York footprint with Albany deal

Bob Graham — Fri, 27 Jan 2012 21:31:46 +0000

Arthur J. Gallagher & Co. acquired Capital Bauer Insurance Agency, an Albany, N.Y.-based retail insurance broker allowing it to significantly expand its Upstate New York presence.

Arthur Gallagher expands Upstate New York footprint with Albany deal via IFAwebnews.

Gallagher & Co. expands its Northwestern U.S. footprint

Bob Graham — Wed, 16 Nov 2011 13:21:55 +0000

Arthur J. Gallagher & Co. acquired Mutual Insurance Services, a Federal Way, Wash.-based managing general agent and wholesale insurance broker.

Gallagher & Co. expands its Northwestern U.S. footprint via IFAwebnews.

Marsh & McLennan Agency continues Northeast expansion

Bob Graham — Mon, 07 Nov 2011 13:46:05 +0000

Marsh & McLennan Agency, a subsidiary of insurance broker Marsh Inc., acquired the employee benefits division of a Marlborough, Mass.-based agency, adding about $600,000 in annual revenue to its middle-market operations.

Marsh & McLennan Agency continues Northeast expansion via IFAwebnews.

NORCAL’s acquisition of Medicus approved, completed

Bob Graham — Thu, 06 Oct 2011 12:46:01 +0000

NORCAL Mutual Insurance Co.'s purchase of Austin, Texas-based Medicus Insurance Co. was approved by the Texas Insurance Department and finalized, company officials said.

NORCAL’s acquisition of Medicus approved, completed via IFAwebnews.

Aon buys Ohio-based benchmarking, best practices firm

Bob Graham — Wed, 20 Jul 2011 12:27:56 +0000

Aon Corp.acquired an Ohio-based benchmarking and best practices researcher provider to insurance companies.

Aon buys Ohio-based benchmarking, best practices firm via IFAwebnews.

Pacific Life buying reinsurance block from Manulife

Bob Graham — Tue, 19 Jul 2011 10:37:58 +0000

Pacific Life is going to acquire a large block of mortality retrocession and reinsurance business from Manulife Financial Corp.

Pacific Life buying reinsurance block from Manulife via IFAwebnews.

Virginia independent insurance agency acquired by The Dawson Cos.

IFAwebnews Staff — Tue, 19 Jul 2011 00:21:14 +0000

Tabb, Brockenbrough & Ragland, a 129-year-old independent insurance agency in Richmond, Va., has been acquired by an Ohio-based independent agency system.

Virginia independent insurance agency acquired by The Dawson Cos. via IFAwebnews.

Selective Insurance writes E&S into its commercial lines book

Bob Graham — Fri, 15 Jul 2011 17:37:26 +0000

A Branchville, N.J.-based holding company announced that its subsidiary entered a renewal rights and asset purchase agreement with an Alterra Capital Holdings subsidiary to add excess and surplus lines (E&S) to its portfolio.

Selective Insurance writes E&S into its commercial lines book via IFAwebnews.

Nationwide Better Health cutting 96 jobs in Maryland

IFAwebnews Staff — Tue, 12 Jul 2011 06:37:58 +0000

Nationwide Better Health, a division of Nationwide Mutual Insurance Co., intends to lay off about 100 employees at its Hunt Valley offices over the next few months, part of its move out of company wellness programs.

Nationwide Better Health cutting 96 jobs in Maryland via IFAwebnews.

Genworth sells Medicare supplement to strengthen remaining business

Jaime L. Brockway — Fri, 24 Jun 2011 09:43:25 +0000

A Richmond, Va.-based insurance holding company announced its agreement to sell for $290 million its Medicare supplement business and related blocks of in-force business.

Genworth sells Medicare supplement to strengthen remaining business via IFAwebnews.