business moves and mergers News

Sedgwick Claims Management May Sell for $2 Billion or More: Reuters

Private equity-owned Sedgwick Claims Management Services Inc., one of the largest U.S. providers of claims services, is exploring a sale that could value it at more than $2 billion, according to four people familiar with the matter. Sedgwick, which was …

Engle Martin Acquires PT&C Forensic Consulting Services

Engle Martin & Associates Inc., a national independent loss adjusting and claims management provider, has acquired PT&C Forensic Consulting Services, a forensic engineering, fire and explosion origin and cause, subrogation, special investigation and building consulting firm. Details were not released. …

EagleView Technologies and Pictometry International Announce Merger

EagleView Technologies, a provider of automated 3D measurement technologies and analysis and Pictometry International, a geo-referenced aerial image capture and visual-centric data analytics company, jointly announced a merger agreement. The merger creates one global company offering comprehensive capabilities in aerial …

ACCORD Restoration Acquires Welsh Construction’s Insurance Restoration Division

ACCORD Restoration acquired Baltimore-based Welsh Construction Remodeling’s Insurance Restoration Division. The acquisition will expand ACCORD Restoration’s reach and client base, however little else is expected to change. Welsh Construction Remodeling will continue to focus and operate solely on its retail …

LWG Consulting Merges with Electronic Loss Consultants

LWG Consulting announced their merger with Newark, N.J.-based Electronic Loss Consultants. Prior to the merger, Electronic Loss Consultants, managed by Stephen Aghaei, offered equipment loss consulting and equipment restoration services to insurance claims professionals primarily along the East Coast of …

Liberty Mutual Completes Acquisition of Quinn’s Irish Operations

Liberty Mutual Group, a diversified global insurer based in Boston, Mass., announced the successful completion of the planned acquisition of Quinn’s Irish insurance business, as well as the transfer of all existing Quinn Insurance employees to Liberty Mutual’s new Irish …

IAS Claim Services Acquires Jim Buckley & Associates

Headquartered in San Antonio, Texas, IAS, a claim services provider in more than 27 states purchased Jim Buckley & Associates of Anaheim, Calif. The regional adjusting firm, which also operated under the name JBA Insurance Adjusters, has multiple office locations …

Engle Martin Opens Three New Locations Nationwide

Engle Martin & Associates, Inc., a commercial loss adjusting and claims management firm, has extended its national presence with the opening of three new locations during the third quarter of 2011. The company has expanded into Tucson, Ariz., Fayetteville, Ark., …

Berkshire Unit to Acquire Another Malpractice Firm

Berkshire Hathaway’s malpractice insurance unit is acquiring the Princeton Insurance Company to expand its business. Medical Protective Company, which is owned by Warren Buffett’s Berkshire, announced the deal Wednesday. Medical Protective is buying Princeton from Medical Liability Mutual Insurance Company. …

Rimkus Consulting Opens Office in Columbus, Ohio

Rimkus Consulting Group, a full-service, forensic engineering consulting firm, has opened an office in Columbus, Ohio. This location will provide services to clients in Ohio, Northeast Kentucky and Western Pennsylvania. The expansion in Columbus is being led by Steve Weber, …