Latest Employee Benefits Headlines
All the headlines from our Employee Benefits Topic Page, ordered by recency.
Insurance Agency M&A Continues at Fast Pace: OPTIS Partners
Oct 20 2017 // The number of insurance agency mergers and acquisitions over the first nine months of the year rose from 350 in 2016 to 457 this year, OPTIS Partners’ new quarterly report reveals. There were 132 deals announced...
Hub International Acquiring Michigan Employee Benefits Agency
Oct 12 2017 // Chicago-based international insurance brokerage Hub International Limited (Hub) has acquired the assets of Marwil & Associates LLC (Marwil & Associates) in Farmington Hills, Michigan. Terms of the acquisition were...
People
Oct 2 2017 // Global insurance broker Hub International Limited (HUB) named Marc Cohen, currently president, as president and chief executive officer, effective Jan. 1, 2018. He also will be a member of the board of directors. Cohen...
Rising Cost of Employee Benefits
Oct 2 2017 // It’s no secret that health insurance costs more and employers are planning for that trend to continue. Employers expect that their average cost per-employee for health benefits will rise by 4.3 percent in 2018, which...
Lockton Benefit Group Adds Buck as Chief Medical Officer in Dallas
Sep 29 2017 // Dr. Shealynn Buck, an expert in employee wellbeing and improving health outcomes, has joined Lockton Benefit Group in Dallas as chief medical officer. Buck will advise employers on health strategies that improve employee...
USI Insurance Services Acquires Pennsylvania’s David M. Banet & Associates
Sep 28 2017 // USI Insurance Services (USI) has acquired David M. Banet & Associates Inc. (Banet), an Exton, Penn.-based leader in benefits consulting and administration, human capital management and insurance brokerage and...
Mechura Joins Brady, Chapman, Holland & Associates’ Employee Benefits Team
Sep 25 2017 // Texas-based independent insurance agency Brady, Chapman, Holland & Associates Inc. has hired Julie Mechura as an employee benefits risk advisor in Houston. She will focus on sustaining and developing client...
Employers Expect Above-Average Rise in Cost of Employee Benefits in 2018: Mercer Survey
Sep 18 2017 // Employers expect that their average cost per-employee for health benefits will rise by 4.3 percent in 2018, which is above the average increase of 3 percent of the past five years. Early responses from Mercer’s...
People
Sep 18 2017 // Detroit, Mich.-based H.W. Kaufman Financial Group named Daniel J. Kaufman senior vice president of corporate growth. Kaufman will continue to serve as managing director and lead the Chicago, Milwaukee, Pittsburgh and...
Why Regulators Should Dump Anti-Rebating Laws
Sep 18 2017 // For the commercial property and casualty, and employee benefits segments of the insurance industry, anti-rebating laws are both nonsense and anti-consumer. Competition is intended to protect competitiveness in the...
Missouri’s HALO Insurance & Benefits Adds Lankford, Vaughn
Sep 13 2017 // Maplewood, Mo.-based HALO Insurance & Benefits Group has hired Brenden Lankford as a personal lines account manager and Denean Vaughn as an insurance producer. Lankford previously worked in personal lines insurance for...
Illinois’ Alera Group Taps Assurex Global’s Clark to Lead Employee Benefits Practice
Aug 15 2017 // Alera Group, a Deerfield, Illinois-based national employee benefits, property/casualty, risk management and wealth management firm, appointed John Clark as its national employee benefits practice leader. Clark will...
New Jersey’s Meeker Sharkey & Hurley Hires Henry as VP of Business Development
Aug 14 2017 // Meeker Sharkey & Hurley, a New Jersey-based provider of personal and commercial insurance, employee benefits and risk management services, has hired Dan Henry as vice president of business development. In this role, he...
Palmer & Cay Acquires Millennium Benefits Consulting of Atlanta
Aug 11 2017 // Privately held insurance broker Palmer & Cay, LLC has acquired Atlanta-based Millennium Benefits Consulting, according to Jack Cay, Palmer & Cay’s president and CEO. To formalize its benefit consulting...
Hub Acquires Assets of Oregon-Based Coordinated Resources Group
Aug 10 2017 // Hub International Ltd. has acquired the assets of Portland, Ore.-based Coordinated Resources Group LLC. Terms of the deal were not disclosed. Ruppert Reinstadler and Carol Dobbs, managing partners of CRG, will join Hub...
HUB Adds Martinez and Conlon in California
Aug 8 2017 // HUB International of California has named Amanda Martinez an employee benefits account executive and Timothy Conlon a commercial markets consultant and risk management advisor in the San Francisco Calif., office. Martinez...
Hub Acquires Assets of New Mexico-Based Bianchi
Aug 7 2017 // Hub International Ltd. has acquired the assets of Albuquerque, N.M.-based Bianchi & Assoc. Inc. Terms of the deal were not disclosed. Richard Bianchi, Bianchi’s president, will join Hub New Mexico and report to...
People
Aug 7 2017 // Ron Lockton, who has served as vice chairman of global insurance broker Lockton Inc. for the past two years as part of the succession plan, is expanding his role to become president and chief executive officer of the...
Texas’ Threlkeld & Co., Employee Benefits Consulting, Create New Entity
Aug 1 2017 // Threlkeld & Co. Insurance, an East Texas firm with 30-plus years in the benefits market, has formed a partnership with Employee Benefits Consulting LLC, a Tyler, Texas, firm with Houston and Dallas connections owned...
OPTIS Partners: Insurance Agency Mergers, Acquisitions Still Going Strong
Jul 27 2017 // Mergers and acquisitions (M&As) among North American insurance agencies continued at a strong pace during the second quarter of 2017, with 135 reported transactions in the second three months of 2017, Chicago-based...
