IFAwebnews » acquisitions

Bravo Health’s sale to Cigna gets Maryland regulator’s approval

Bob Graham — Tue, 31 Jan 2012 18:13:22 +0000

The Maryland Insurance Administration has approved the Cigna's acquisition of Bravo Health, a Baltimore, Md.-based operator of Medicare Advantage plans.

Bravo Health’s sale to Cigna gets Maryland regulator’s approval via IFAwebnews.

LPL buying Maryland-based firm providing high net-worth solutions

Bob Graham — Tue, 03 Jan 2012 20:52:47 +0000

LPL Financial, the nation's largest independent broker-dealer, plans to acquire Fortigent, a Rockville, Md.-based provider of high-net-worth solutions and consulting services to RIAs, banks, and trust companies.

LPL buying Maryland-based firm providing high net-worth solutions via IFAwebnews.

Princeton Insurance bought by Berkshire Hathaway company

Bob Graham — Tue, 03 Jan 2012 13:10:51 +0000

A Berkshire Hathaway insurance subsidiary, Medical Protective Co., acquired the largest medical professional liability insurer in New Jersey.

Princeton Insurance bought by Berkshire Hathaway company via IFAwebnews.

Delaware approves Highmark-BCBSD affiliation, on 49 conditions

Jaime L. Brockway — Sat, 31 Dec 2011 03:49:39 +0000

Delaware's insurance commissioner approved the affiliation between Blue Cross Blue Shield of Delaware (BCBSD) and Highmark, imposing 49 conditions designed to protect consumers and BCBSD.

Delaware approves Highmark-BCBSD affiliation, on 49 conditions via IFAwebnews.

N.Y.-based company expands employee benefits reach with acquisition

Jaime L. Brockway — Thu, 22 Dec 2011 14:21:22 +0000

A Briarcliff Manor, N.Y.-based insurance company acquired a Wakefield, RI.-based employee benefit consulting and brokerage firm specializing in middle-market businesses.

N.Y.-based company expands employee benefits reach with acquisition via IFAwebnews.

Murray Risk Management to buy competitor based in Lancaster

Bob Graham — Wed, 21 Dec 2011 23:34:23 +0000

Murray Risk Management and Insurance in Lancaster, Pa., is buying an in-town brokerage competitor, The Securus Group, and its subsidiaries.

Murray Risk Management to buy competitor based in Lancaster via IFAwebnews.

PSA Financial sells defined benefit actuarial consulting unit to CBIZ

Bob Graham — Wed, 21 Dec 2011 17:37:45 +0000

The defined benefit actuarial consulting operations of PSA Insurance & Financial Services have been sold to a Cleveland-based professional services company.

PSA Financial sells defined benefit actuarial consulting unit to CBIZ via IFAwebnews.

The air seems more alive with the smell of agency acquisitions

Bob Graham — Mon, 19 Dec 2011 12:31:08 +0000

It seems to be buying season, with perennial agency buyers Arthur J. Gallagher & Co. and Brown & Brown, as well as Richmond, Va.-based Markel getting in the game.

The air seems more alive with the smell of agency acquisitions via IFAwebnews.

Highmark sells its Medicare unit to Florida-based Blues company

Jaime L. Brockway — Thu, 15 Dec 2011 09:58:12 +0000

A Jacksonville, Fla.-based Blue Cross/Blue Shield insurance subsidiary agreed to acquire Pittsburgh, Pa.-based Highmark's Medicare subsidiary.

Highmark sells its Medicare unit to Florida-based Blues company via IFAwebnews.

Boston-based firm completes second agency acquisition this year

Jaime L. Brockway — Mon, 12 Dec 2011 02:54:32 +0000

A Boston, Mass.-based insurance brokerage and risk management firm acquired its second independent insurance agency this year as part of its growth strategy in the Boston area.

Boston-based firm completes second agency acquisition this year via IFAwebnews.