The transaction is expected to close in the fourth quarter of 2018. (Photo: AIG)

The race to conclude mergers and acquisitions before the end of 2018 continues. In the fifth major insurance industry deal announced this week, AIG revealed today that it has entered into a definitive agreement to acquire Glatfelter Insurance Group, a York, Pa.-based broker and insurance company providing services for specialty programs and retail operations. The terms of the transaction were not disclosed.

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Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].