Latest Employee Benefits Headlines
All the headlines from our Employee Benefits Topic Page, ordered by recency.
Lake Norman Buys Aquesta Insurance’s Employee Benefits Unit in N.C.
Jan 14 2013 // Mooresville, N.C.-based Lake Norman Benefits has acquired the employee benefits practice unit from Aquesta Bank and its subsidiary Aquesta Insurance Agency Inc., based in Cornelius, N.C. Aquesta Insurance is an independent...
Business Moves – West
Jan 14 2013 // EPIC, Homeplace Edgewood Partners Insurance Center entered into an agreement to acquire Ontario, Calif.-based Homeplace Insurance Brokers Inc. The Ontario team will report to Dan Ryan, EPIC’s managing principal in...
HUB International Acquires Louisiana-Based Brokerage Benefit Concepts
Jan 9 2013 // Insurance broker Hub International Limited (Hub) has acquired the assets of Benefit Concepts Inc. (BCI), a Shreveport, La.-based employee benefits brokerage firm. Terms of the acquisition were not disclosed. BCI will...
Barney & Barney Names Four New Principals in California
Jan 8 2013 // San Diego, Calif.-based Barney & Barney LLC named four senior executives as principals of the firm in California. The new owners are: Dianne Wingfield and Todd Bennett, executives in the firm’s employee benefits...
Arthur J. Gallagher Acquires Hardman & Howell in Kansas
Jan 2 2013 // Arthur J. Gallagher & Co. acquired Hardman & Howell Benefits in Wichita, Kan. Terms of the deal were not disclosed. Hardman & Howell Benefits provides a range of employee benefit program consulting services for...
Marsh & McLennan Agency Acquires Independent Insurance Group Benefits in Texas
Dec 20 2012 // Marsh & McLennan Agency LLC, a subsidiary of insurance broker Marsh Inc., acquired Independent Insurance Group Benefits Inc., the employee benefits division of Dallas, Texas-based Independent Insurance Group. Terms of...
AssuredPartners Acquires Two Agencies
Dec 18 2012 // AssuredPartners Inc., based in Lake Mary, Fla., recently announced the acquisition of two independent insurance agencies. In its first significant expansion west of the Mississippi River, AssuredPartners acquired...
Arthur J. Gallagher Acquires Western Benefit Solutions of Idaho
Dec 12 2012 // Arthur J. Gallagher & Co. has acquired Boise, Idaho-based Western Benefit Solutions LLC. Terms of the transaction were not disclosed. Western Benefit Solutions LLC provides a range of employee benefit insurance...
Arthur J. Gallagher & Co. Acquires Nebraska’s Brendis & Brendis
Dec 6 2012 // Arthur J. Gallagher & Co. has acquired employee benefit specialist, Brendis & Brendis Inc., located in Omaha, Neb. Terms of the transaction were not disclosed. Founded in 1989, Brendis & Brendis Inc. provides a...
Poms & Associates Names Employee Benefits Executives in Colorado
Dec 5 2012 // Poms & Associates Insurance Brokers Inc. named William Martin and Justin Powell as account executives in the employee benefits group in the Greenwood Village, Colo. office. Martin has more than 38 years’...
Business Moves – East
Dec 3 2012 // Onex Corp., USI Canadian private equity firm Onex Corp. agreed to acquire insurance brokerage USI from Goldman Sachs Group’s GS Capital Partners private equity fund in a transaction valued at $2.3 billion. The deal...
Lockton Expands Philadelphia Office, Hires 2 Vice Presidents
Nov 30 2012 // Lockton, the world’s largest privately held independent insurance brokerage firm, expanded its Philadelphia regional operation with the addition of two industry veterans, vice presidents David Griffin and Scott...
Willis North America to Acquire Canadian Benefits Broker Avalon Actuarial
Nov 30 2012 // Willis North America, a unit of Willis Group Holdings, announced that it has entered into a definitive agreement to acquire the assets of Avalon Actuarial Inc., a Canadian employee benefits brokerage and actuarial...
Business Moves – Midwest
Nov 19 2012 // Arthur J. Gallagher, Coyle Insurance Agency, Unison Inc., Aires Consulting Group Arthur J. Gallagher & Co. recently announced acquisitions of three Midwest-based firms — Coyle Insurance Agency Inc., Unison Inc....
Business Moves – West
Nov 19 2012 // Hub International, Raintree Hub International Ltd. acquired the assets of Raintree Insurance Agency Inc., a San Bernardino, Calif.-based insurance brokerage firm. Raintree will become part of the California operations of...
Higginbotham Adds Carmichael as VP in Employee Benefits Practice
Nov 14 2012 // Fort Worth-based Higginbotham has hired former U.S. Department of Labor (DOL) investigator Ross Carmichael as the new vice president of compliance and operations for its employee benefits division. He will be based in the...
Marsh & McLennan Agency Acquires Protector Group in Massachusetts
Nov 8 2012 // Marsh & McLennan Agency LLC, a subsidiary of insurance broker Marsh Inc., acquired Worcester, Massachusetts-based The Protector Group Insurance Agency, one of the largest independent agencies in New England. Terms of...
Wells Fargo Insurance Announces New Regional Leadership in Midwest
Nov 7 2012 // Wells Fargo Insurance, part of Wells Fargo & Co., has named new regional leaders in the Midwest. Led by regional managing director John Meder, the team serves the Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri,...
CBIZ Buys Leavitt Pacific’s Employee Benefits in California
Nov 6 2012 // Cleveland, Ohio-based CBIZ Inc. has acquired the employee benefit division of Leavitt Pacific Insurance Brokers Inc. of Campbell, Calif. Leavitt Pacific Insurance provides employee benefits, retirement plan services, as...
Closing the Liability Gap
Nov 5 2012 // Underserved Fiduciary Market Creates Rich Opportunities for Agents When it comes to fiduciary liability, ignorance is risk. Many fiduciaries of company-sponsored retirement and health plans are unaware that they face...
