Latest Employee Benefits Headlines
All the headlines from our Employee Benefits Topic Page, ordered by recency.
M&A Activity Continues at Industrious Pace: MarshBerry
Feb 6 2017 // Merger & acquisition activity in the insurance distribution space continued at an industrious pace throughout 2016, with 443 closed transactions. This was down from 456 in 2015, but still higher than previous years on...
EPIC Acquires Benefit Compass in Southern California
Feb 3 2017 // EPIC Insurance Brokers and Consultants has acquired Benefit Compass Insurance Services LLC, a specialist in employee benefits brokerage and consulting services in Irvine, Calif. Benefit Compass provides employee benefit...
Pennsylvania’s Henderson Brothers Hires Martinelli
Feb 3 2017 // Henderson Brothers Inc., an independent broker headquartered in Pittsburgh, Penn., has hired Scott Martinelli as a life/disability/worksite leader and business development consultant in the Employee Benefits Department. In...
Wells Fargo Market Outlook Has Favorable News for Cyber Security
Jan 26 2017 // San Francisco, Calif.-based Wells Fargo Insurance released its 2017 Insurance Market Outlook and Employee Benefits Outlook reports showing this year’s property/casualty insurance market will again be favorable to...
People
Jan 23 2017 // Ryan Specialty Group LLC has named Charlie Rosson senior vice president. Rosson is based in San Francisco, Calif. He will work to develop RSG penetration with brokers on a national basis. He has 23 years of experience in...
Arthur J. Gallagher Promotes Two Execs in Employee Benefits Division
Jan 17 2017 // International insurance brokerage and risk management services firm Arthur J. Gallagher & Co., based in Itasca, Ill., promoted James W. Durkin Jr. and William F. Ziebell in its employee benefit division. Durkin,...
USI Hires DePlacido to Employee Benefits Practice in Massachusetts
Jan 13 2017 // USI Insurance Services (USI) has hired Michael DePlacido as vice president of the employee benefits practice for its Woburn, Mass., office. In his new role, DePlacido is responsible for executive and strategic oversight of...
New Partners Named at Woodruff-Sawyer in Western Region
Jan 4 2017 // San Francisco, Calif.-based Woodruff-Sawyer & Co. has named 10 new partners to the firm. The partners represent various product lines, from property/casualty to management liability to employee benefits, and are...
24 Independent Insurance, Benefits Agencies Form National Brokerage, Alera Group
Jan 4 2017 // There is a new national independent insurance brokerage and wealth management firm that opens its doors with more than 20,00 clients, $158 million in annual revenues and 750 employees in 40 offices across 15 states. The...
USI Acquires Austin-Based Employee Benefits Firm, Ball Peoples
Dec 20 2016 // USI Insurance Services (USI) has acquired Ball Peoples, an employee benefits advisory firm headquartered in Austin, Texas. Since 1975, Ball Peoples has been providing employee benefits for clients throughout Central Texas...
Marsh & Mclennan Acquires Presidio Benefits Group in California
Dec 1 2016 // Marsh & McLennan Agency LLC has acquired Presidio Benefits Group, a San Francisco, Calif.-based employee benefits consulting firm. Terms of the deal were not disclosed. All of Presidio’s employees, including its...
Uber Working to Settle with California Drivers over Employee Benefits
Nov 17 2016 // Uber Technologies Inc. is trying to finalize a settlement with California drivers to resolve potentially billions of dollars in claims stemming from the company’s refusal to give them the protections and benefits of...
Hub Purchases Certain Assets of MDA in Montana
Nov 14 2016 // Hub International Ltd. has acquired certain assets of Kalispell, Mont.-based MDA Inc. Terms of the deal were not disclosed. Doug Anders, president, MDA, will join Hub Mountain and report to Michael Stockwell, employee...
Arthur J. Gallagher Buys London-Based Employee Benefits Firm, Argentis
Nov 10 2016 // Arthur J. Gallagher & Co. announced the acquisition of Argentis, based in London, England. Terms of the transaction were not disclosed. Founded in 2005, Argentis is a financial planning and employee benefits consultant...
AARP Suit Says Workplace Wellness Programs Raise Medical Privacy Concerns
Oct 25 2016 // A lobbying group representing older Americans sued the Obama administration on Monday claiming regulations for programs designed to rein in employee health care costs will subject workers to invasions of their medical...
USI Makes 3 Appointments, 2 Promotions in Ohio
Oct 25 2016 // Insurance brokerage USI Insurance Services (USI) has added Brianna Berry, Nick Giancola and Kim Patrick in the USI Independence, Ohio, office. In addition, Heidi King has been promoted to consultant and Brian Muldoon has...
Northwest Insurance Services to Acquire Pennsylvania’s Winans Insurance
Oct 17 2016 // Northwest Insurance Services, a Warren, Penn., headquartered subsidiary of Northwest Bank, has signed a definitive agreement effective November 1 to acquire Winans Insurance & Employee Benefits, a property and casualty...
Risk Strategies Company Acquires New York Based TSG Financial
Oct 14 2016 // Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, has strengthened its employee benefits practice and made its first move to offer wealth management and retirement plan...
New Jersey’s World Insurance Associates Appoints Margolies to Benefits Division
Oct 6 2016 // World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., has appointed Howard Margolies as principal, senior vice president and head of the benefits division. This comes after...
P/C Insurance Agency Mergers and Valuations Up Again: OPTIS
Sep 19 2016 // The number of insurance agency mergers and acquisitions in the first half of 2016 ranked as second-most-active six-month period since 2008. According to a new report on agency merger activity by Chicago-based investment...
