employee benefits News

Covered California Prices for Small Business to Rise 5.9%

Small business employees who get health coverage through the Covered California health insurance exchange will see an average price increase of 5.9 percent next year. The figure announced last week affects roughly 28,000 people who work for companies with up to 100 …

Arthur J. Gallagher & Co. Acquires UK-Based Orb Financial Services Ltd. 

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 consultant and broker offering a full range of …

EPIC Adds Ogilvie as Business Development Manager in Houston

EPIC Insurance Brokers & Consultants (EPIC), a retail property/casualty insurance brokerage and employee benefits consultant, has added Will Ogilvie in the firm’s southwest regional office. He will be based in Houston and report to Brett Haugh, managing principal, Southwest Region. …

Nurre Named President, Employee Benefits in USI’s Cincinnati Office

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 the business unit. Nurre has more than 17 years of …

Houston-Based Employee Benefits Firms to Merge

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 announcement. The merger is led by Mark Stefanick of Advantage …

Hub International Buys Toronto-Based HSBI Benefits

Hub International Ltd., the Chicago-based global insurance brokerage, announced it has acquired HSBI Benefits Inc. Terms of the acquisition were not disclosed. Based in Toronto, Ontario, Canada, HSBI Benefits specializes in employee benefits insurance solutions. Curtis McCone, president of HSBI …

Digital Benefit Advisors Acquires Minnesota’s Corporate Health Systems

Digital Benefit Advisors (DBA) a national employee benefits firm, has acquired Corporate Health Systems of Eden Prairie, Minn., expanding its footprint in the Minneapolis/St. Paul area. Corporate Health Systems’ executives, Mick Hawton and Al Hofstede, along with their 42-member benefits …

Arthur J. Gallagher Acquires Arkansas Agency, Hagan Newkirk

Arthur J. Gallagher & Co.  has acquired Hagan Newkirk Financial Services in Little Rock, Ark.  Terms of the transaction were not disclosed. With operations dating back to the 1960s, Hagan Newkirk Financial Services (Hagan Newkirk) is a retail insurance broker offering employee benefit consultation …

Top Exposures Facing Global Middle Market Firms Vary by Region: Assurex Survey

While all middle market businesses across the world have concerns about cyber risk, few of these firms view it as their biggest exposure, according to a global survey* of 68 leading independent insurance brokers, which gauged the concerns of their …

Massachusetts Regulators Examine Zenefits

The Massachusetts Division of Insurance said this month that it has opened an investigation into Zenefits, a human resources software startup. Founded in 2013, the San Francisco-based Zenefits offers software to small- and mid-sized businesses to help automate their HR …