The tax bill passed by Republicans in the U.S. Senate over the weekend may boost profits for industries from banking to retail to fossil fuels. It also could put the squeeze on hospitals and renewable energy firms.
The driving force behind insurance agency M&A the last few years is no secret: Private equity investors accounted for more than half of all transactions over the past two years.
Insurance agency mergers and acquisitions hit a record high of 451 reported transactions for the U.S. and Canada in 2015, surpassing the previous record of 357 in 2014, according to a recent report from OPTIS Partners.