Insurance Journal
 
 

Insurance Mergers & Acquisitions

 
January 29, 2021
 
 
 

Purmort & Martin Insurance Agency Acquires Jeff DeJongh & Associates of Florida

Jan 27, 2021 -- Sarasota, Fla.-based Purmort & Martin Insurance Agency, a locally owned insurance agency, has acquired Jeff DeJongh and Associates to...
 

Title Insurer First American to Exit P/C Insurance with Transfers to Safeco, Heritage

Jan 27, 2021 -- Title insurer First American Financial Corp. reported recently that its property/casualty insurance subsidiaries have entered into book...
 

China's Central Bank Says Ant IPO Could Resume Once Problems Resolved

Jan 27, 2021 -- Ant Group Co. could resume its plans for an initial public offering once problems are resolved, China's central bank chief said, offering...
 

Allstate to Sell Life Insurance Company to Blackstone for $2.8B to Grow in P/C

Jan 27, 2021 -- The Allstate Corp. is selling Allstate Life Insurance Co. to entities managed by investment firm Blackstone for $2.8 billion. Explaining...
 
 
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Insurance Industry Veterans Launch Upland Capital Group in Dallas

Jan 25, 2021 -- Upland Capital Group (Upland), a Dallas-based specialty insurance business led by long-time insurance and investment executives has...
 

Foley's SPAC in $7.3B Deal to Take Blackstone's Benefits Firm Alight Public

Jan 25, 2021 -- A blank-check firm backed by prominent investor Bill Foley has agreed to take Alight Solutions LLC, the U.S. benefits services provider...
 

Insurer Hallmark Financial Explores Splitting Off Its Specialty Commercial Lines Business

Jan 22, 2021 -- Hallmark Financial Services, a specialty property/casualty company, announced Thursday that it is exploring the separation of its...
 

Skyward Specialty Insurance Group Acquires Aegis Surety, Sells XPro

Jan 22, 2021 -- Skyward Specialty Insurance Group Inc. has acquired Aegis Surety and simultaneously sold XPro, which provides solutions for the pest...
 
 
 
 
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