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Integro acquires medical malpractice specialists

By: Matthew Lerner

Published August 27, 2015 - 1:56pm CST

Insurance brokerage Integro Ltd. has acquired HealthCare Risk Specialists of West Hartford, Connecticut, Integro said in a statement Thursday.

Integro expands entertainment practice with London agency buy

By: Joyce Famakinwa

Published August 25, 2015 - 2:27pm CST

New York-based insurance brokerage and risk management firm Integro Ltd. said Tuesday that it has acquired London-based managing general agent Entertainment Risk Management Ltd.

California insurance cover transfer ruling may change the game

By: Mark A. Hofmann

Published August 25, 2015 - 11:10am CST

The California Supreme Court's decision that transferring insurance coverage in a merger or acquisition does not require insurer consent could have ramifications beyond the Golden State, according to legal observers.

Proposed Zurich, RSA merger receives lukewarm response

By: Sarah Veysey

Published August 25, 2015 - 9:50am CST

Zurich Insurance Group Ltd.'s offer for rival RSA Insurance Group P.L.C. is being greeted with muted reaction from industry observers.

Zurich announces $9 billion offer for U.K. rival

By: Sarah Veysey

Published August 25, 2015 - 8:54am CST

Zurich Insurance Group Ltd. on Tuesday made a tentative offer to buy London-based RSA Insurance Group P.L.C. in a deal that would value RSA at about 5.6 billion ($8.79 billion).

Zurich, RSA investors face struggle to bridge valuation gap

Published August 21, 2015 - 11:30am CST

(Reuters) — Shareholders in British insurer RSA Insurance Group P.L.C. are bracing for a lowball bid from prospective suitor Zurich Insurance Group Ltd., putting one of Europe's largest-ever insurance deals in doubt.

Week in pictures

Published August 21, 2015 - 10:07am CST

Aetna's persistence, drone challenges, continued Asian flooding, Hurricane Danny and more fill the week in pictures for Business Insurance.View the gallery

Health Net considered takeover options since 2013

By: Bob Herman, Modern Healthcare

Published August 21, 2015 - 9:30am CST

Health Net, the Woodland Hills, California-based insurer that is being acquired, had explored the market for almost two years before inking its sale to Centene Corp. this summer, a regulatory filing shows.

Willis buys Australian rival

By: Matthew Lerner

Published August 20, 2015 - 11:21am CST

Willis Australia, part of Willis Group Holdings P.L.C., has acquired Perth, Australia-based CKA Risk Solutions Pty. Ltd., Willis said in a statement Thursday.

Aetna hires more lobbyists to ensure Humana deal

By: Bob Herman, Modern Healthcare

Published August 20, 2015 - 9:39am CST

Aetna Inc. is determined to nab government approval of its $37 billion acquisition of Humana Inc. And the health insurance titan has bulked up its roster of hired guns to meet that goal.

Aetna refiling federal review notice of proposed Humana merger

By: Matt Dunning

Published August 19, 2015 - 2:59pm CST

Health insurer Aetna Inc. said it will give federal antitrust regulators an additional month to review its proposed acquisition of rival insurer Humana Inc.

Marsh in discussions over possible U.K. broker buy

By: Sarah Veysey

Published August 19, 2015 - 9:28am CST

Marsh L.L.C. is in preliminary discussions about a possible purchase of Bristol, England-based insurance brokerage and employee benefits consultancy Jelf Group P.L.C.

Fitch isn't budging on negative outlook for Anthem

By: Matt Dunning

Published August 18, 2015 - 3:02pm CST

Fitch Ratings Inc. is holding to its negative view of Anthem Inc.'s credit rating as the Indianapolis-based health insurer moves forward with its proposed $54.2 billion purchase of rival insurer Cigna Corp.

Broker expands benefits, commercial lines with agency purchase

By: Joyce Famakinwa

Published August 18, 2015 - 2:54pm CST

Middle-market insurance broker The Hilb Group L.L.C. on Tuesday said it has acquired independent agency JWB Insurance Group.

Growing chorus warns of perils in hospital, insurer mergers

By: Melanie Evans, Modern Healthcare

Published August 18, 2015 - 9:27am CST

There’s a growing chorus among those who fear giants created by merging hospitals and insurers will squash innovation and boost prices.

Cash trumps strategy in PartnerRe deal

By: Matthew Lerner

Published August 16, 2015 - 6:00am CST

Exor S.p.A.’s $6.9 billion purchase of reinsurer PartnerRe Ltd., driven by the all-cash nature of Exor’s offer and support of proxy advisory firms, leaves open the question of whether PartnerRe made the right choice.

Week in pictures

Published August 14, 2015 - 11:33am CST

Arsenic and old lead, Indian Ocean piracy and the courtship of health insurers highlight the week in pictures for Business Insurance. View the gallery

New York broker Integro lands London aviation division

By: Joyce Famakinwa

Published August 13, 2015 - 3:07pm CST

New York-based insurance broker Integro Ltd. said Thursday that it has acquired AFL Insurance Brokers Ltd.'s aviation division.

How Humana hitched with Aetna (and drove Cigna to Anthem)

By: Bob Herman, Modern Healthcare

Published August 12, 2015 - 10:16am CST

The back story behind Aetna Inc.'s acquisition of Humana Inc. reads like a soap opera in which each of the “big five” health insurance companies were involved and multiple deals were hanging in the air at the same time.

Wells Fargo explores sale of crop insurance business

Published August 11, 2015 - 4:22pm CST

(Reuters) — Wells Fargo & Co. may divest its crop insurance business, one of the biggest in the United States, a spokeswoman told Reuters on Tuesday, as regulatory restrictions on U.S. banks force some to reconsider underwriting insurance policies.

Latest acquisitions keep broker consolidation trend rolling

By: Matthew Lerner

Published August 11, 2015 - 11:48am CST

The acquisition last week of brokerage Integro Ltd. by private equity firm Odyssey Investment Partners L.L.C. continues the pace of consolidation in the brokerage space and should provide Integro with growth opportunities.

XL acquiring specialty outdoor entertainment insurer

By: Mark A. Hofmann

Published August 11, 2015 - 10:08am CST

XL Group P.L.C.’s X.L. America Inc. subsidiary has entered into a definitive agreement to acquire Allied International Holdings Inc., XL announced Tuesday.

Japan's Sumitomo Life to buy U.S. insurer Symetra for $3.8 billion

Published August 11, 2015 - 9:05am CST

(Reuters) — Japan's Sumitomo Life Insurance Co. has agreed to buy U.S insurer Symetra Financial Corp. for about $3.8 billion, the latest multibillion-dollar deal in the world's largest insurance market by acquisitive Japanese companies.

Life insurer Symetra in talks to sell itself: Sources

Published August 07, 2015 - 3:07pm CST

(Reuters) — Symetra Financial Corp., a U.S. life insurance company with a market capitalization of around $2.9 billion, has been exploring the possibility of selling itself in recent months, according to people familiar with the matter.

Broker acquires tower construction specialty coverage firm

By: Joyce Famakinwa

Published August 07, 2015 - 1:02pm CST

Hunt Valley, Maryland-based wholesale broker All Risks Ltd. has acquired Austin, Texas-based Tower Program Insurance Services Inc.

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