Latest Employee Benefits Headlines
All the headlines from our Employee Benefits Topic Page, ordered by recency.
Current State of P/C Insurance Agency Mergers and Valuations
Sep 8 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 acivity by Chicago-based investment...
Marsh & McLennan Acquires Atlanta-Based Benefits Advisory Group
Sep 2 2016 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Benefits Advisory Group, an Atlanta-based employee benefits consulting firm. Terms of the transaction were not...
Arthur J. Gallagher & Co. Acquires UK-Based Orb Financial Services Ltd.
Aug 1 2016 // Arthur J. Gallagher & Co. announced the acquisition of Orb Financial Services Ltd. in Surrey, England. Terms of the transaction were not disclosed. Founded in 2007, Orb Financial Services is an employee benefits...
Nurre Named President, Employee Benefits in USI’s Cincinnati Office
Jul 12 2016 // Insurance brokerage, USI Insurance Services (USI), has appointed David A. Nurre president, employee benefits for the Cincinnati, Ohio, office. As president, Nurre is responsible for the growth and overall performance of...
Baldwin Krystyn Sherman Partners Appoints Olson As Advisor in Tampa Office
Jul 12 2016 // Baldwin Krystyn Sherman Partners (BKS-Partners), an independent insurance brokerage firms, has appointed of Steve Olson to advisor. Olson comes to BKS with over 25 years of industry experience in the Tampa Bay market. Most...
Houston-Based Employee Benefits Firms to Merge
Jul 7 2016 // Advantage Benefits Solutions (ABS) and Collins Benefits Solutions, both based in Houston, are merging. Together, the two employee benefits firms manage collective premiums of $58 million, according to the merger...
Hanover Stone Partners, USA Risk Group to Offer Captive Management Services
Jun 24 2016 // Hanover Stone Partners, a risk management services firm, and USA Risk Group, an independent captive management firm, have collaborated to offer captive management, governance and related services to businesses and other...
Startup Embroker CEO Miller Pursues ‘Massive Improvement’ Over Disruption in Commercial Insurance Brokerage
Jun 15 2016 // Within venture capital circles, the insurance industry is sexy right now. It seems not a week goes by without another startup being announced, some with niche angles such as peer-to-peer distribution, insurance for...
Arthur J. Gallagher & Co. Acquires Wisconsin Employee Benefits Firm
Jun 14 2016 // Arthur J. Gallagher & Co. has acquired The Buchholz Planning Corp. (BPC), located in Madison, Wis. Terms of the transaction were not disclosed. Founded in 1968, BPC provides employee benefits consulting and brokerage...
EPIC Names Leventhal Vice President in Employee Benefits in California
Jun 3 2016 // EPIC Insurance Brokers & Consultants has named Eric Leventhal a vice president in its employee benefits consulting practice. Leventhal will be based in San Francisco and report to John Connell, president of employee...
Lockton Acquires Outland Consultants in Connecticut
May 19 2016 // Insurance broker Lockton announced Thursday that it has acquired Outland Consultants, a global employee benefits consultancy in Glastonbury, Connecticut. Terms of the transaction were not disclosed. Since 1998, Outland...
Lowe’s Pays $$8.6M for Firing Disabled Workers Who Sought Extended Medical Leave
May 13 2016 // Lowe’s Cos. has reached an $8.6 million settlement of a U.S. agency lawsuit accusing the nation’s second-largest home improvement retailer of illegally firing workers who went on medical leave for a long...
Eastern Insurance Acquires BBS Employee Benefits in Massachusetts
May 12 2016 // Eastern Insurance Group LLC, a Natick, Massachusetts-based independent agency, announced that it has acquired BBS Employee Benefits in Newton, Massachusetts. Terms of the transaction were not disclosed. Founded in 2002,...
Agency Mergers Set Record with ‘Unstoppable Momentum’ in Q1: Optis
May 11 2016 // Insurance agency mergers and acquisitions hit an all-time high for the first quarter of a year, with 109 reported transactions in the first three months of 2016. The pace slightly outstripped 107 deals reported in the...
Leavitt Group in Utah Names Pareti Director of Voluntary Benefits Enrollment
May 10 2016 // Leavitt Group in Utah has named Kelly Pareti director of voluntary benefits enrollment. Pareti will be working with employee benefits agencies to provide enrollment and voluntary benefits solutions to clients. Pareti...
Lockton Benefit Group Adds Leopold as Chief Medical Officer
Apr 29 2016 // Lockton Benefit Group, based in Kanas City, Mo., has added Dr. Ronald S. Leopold to its national Lockton Health Risk Solutions practice. As leader of the practice, Dr. Leopold will combine his clinical knowledge with...
EPIC Adds McKinney and Neer in Northern California
Apr 26 2016 // EPIC Insurance Brokers and Consultants has added Victoria McKinney as a team leader and employee benefits consultant and Robin Neer as an account executive. Both will be based in EPIC’s Gold River office in the...
Three Northern California Insurance Firms Merge
Apr 19 2016 // McDermott Costa Insurance, Mello Insurance Services and Myers‐Stevens Mello & Co. have merged. The firms will conduct business out of the McDermott Costa office in San Leandro. Mello Insurance is based in Fremont and...
Arthur J. Gallagher Acquires Insurance Plans Agency in Illinois
Apr 14 2016 // Arthur J. Gallagher& Co. has acquired Insurance Plans Agency Inc. in South Barrington, Ill. Terms of the transaction were not disclosed. Established in 1983, Insurance Plans Agency Inc. (IPA) is a retail insurance...
EPIC Names Miller Vice President in California
Apr 8 2016 // EPIC Insurance Brokers & Consultants has named Penny Miller vice president in the firm’s employee benefits consulting team. She will be based in San Francisco and report to David Wiesner, regional director of...
