Latest Employee Benefits Headlines
All the headlines from our Employee Benefits Topic Page, ordered by recency.
Merger & Acquisition Activity Off to a Quiet Start
Apr 22 2013 // After a record-setting year-end, 2013 started off with a whisper. First quarter merger and acquisition activity slowed to 37 announced transactions between January and March, down from 67 the prior year. Buyers were busy...
Baltazar to Head New BrokersLink Global Employee Benefits Group
Apr 11 2013 // Independent insurance broker network BrokersLink has launched a Global Employee Benefits Practice Group and appointed Gerard Baltazar as its first Chairman. The group “will drive business development in the area of...
Arthur J. Gallagher & Co. Acquires Advanced Benefit Advisors in New Jersey
Apr 8 2013 // Itasca, Ill.-based global insurance broker Arthur J. Gallagher & Co. announced the acquisition of Advanced Benefit Advisors Inc. of Cherry Hill, N.J. Terms of the transaction were not disclosed. Established in 2005,...
Burnham Benefits Expands To Northern California
Apr 3 2013 // Irvine, Calif.-based Burnham Benefits Insurance Services is staking out Northern California for a push toward further expansion with new offices in the region and new senior leadership on board to drive growth and market...
2012 Insurance M&A Snapshot
Mar 25 2013 // Here is a snapshot of the property/casualty insurance industry merger and acquisition activity reported byInsurance Journal in 2012. Major carrier transactions included Nationwide’s acquisition of Harleysville, The...
Agency M&A Advisory Firm Sees ‘Lack of Quality Acquisition Opportunities’
Mar 12 2013 // A mergers and acquisitions advisory firm focusing on the insurance agency sector says it is hearing more this year about “a lack of quality acquisition opportunities,” which could lead to fewer deals this year...
Marsh & McLennan Agency Names Gruppo Southwest Regional CEO
Mar 11 2013 // Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has appointed Anthony Gruppo as regional CEO for MMA’s Southwest Hub, effective March 18. He will be based in Houston. Gruppo brings...
The Acquisition Cycle
Mar 11 2013 // Insurance agency mergers and acquisitions were up last year, at an all-time high in fact, according to the Chicago-based M&A advisory firm OPTIS Partners. A recent survey conducted by the financial services consulting...
No Quick Savings from Workplace Wellness for Employers: Study
Mar 8 2013 // Your bosses want you to eat your broccoli, hit the treadmill and pledge you’ll never puff on a cigarette. But a new study raises doubts that workplace wellness programs save the company money. In what’s being...
Lockton Adds Two Executives To Arizona Employee Benefits
Mar 5 2013 // Jacob Brown and Jim Stabilito will join Lockton as senior executives in the insurance broker’s Phoenix, Ariz. operation. Brown and Stabilito are veteran employee benefits advisors who work with corporate clients to...
Hylant Promotes Crisan to Senior VP
Feb 27 2013 // Toledo, Ohio-based insurance brokerage, Hylant, has promoted Robert Crisan to the Hylant corporate employee benefits team as senior vice president, health care reform and strategic growth. In his expanded corporate role,...
Business Moves – Southeast
Feb 25 2013 // Swett, Southern Hospitality In an expansion of its specialized program business, Swett & Crawford has acquired the assets of Griffin, Georgia -based Southern Hospitality Underwriters Inc. (SHU), a regional firm...
Wells Fargo Introduces National Health & Productivity Practice
Feb 19 2013 // Wells Fargo Insurance, part of Wells Fargo & Co. is launching a health and productivity national practice, the San Francisco, Calif.-based company announced on Tuesday. The group, which is part of the company’s...
EPIC Adds Northern California Benefits Consultant Haley
Feb 8 2013 // Edgewood Partners Insurance Center named Jennifer Haley as an employee benefits consultant in its Northern California employee benefits division. Haley’s responsibilities with EPIC will include the acquisition of new...
Digital Insurance Acquires Tennessee’s Capital Benefits Group
Feb 6 2013 // Atlanta-based employee benefits agency Digital Insurance has acquired Tennessee’s Capital Benefits Group. It marks Digital’s first office in Tennessee. Terms were not disclosed. Capital Benefits Group, which...
Less Than 50% of Small Businesses Offer Employee Benefits: LIMRA
Jan 29 2013 // Only 47 percent of small businesses (2-99 employees) in the United States offer benefits to their employees, the lowest level in two decades of research by the life insurance industry research organization LIMRA. According...
Smith Promoted to President, Employee Benefits, at Assurance
Jan 28 2013 // Liz Smith has been promoted to president, employee benefits, at Assurance headquartered in the northwestern suburbs of Chicago, Ill. Her former title was executive vice president, employee benefits. Smith is a member of...
Business Moves – South Central
Jan 28 2013 // Caldwell and Partners, Midlands Holding Corp. Oklahoma-based Caldwell and Partners Inc. (CAP) acquired Midlands Holding Corp. (MHC) from PMA Capital Corp. (PMA). Midlands Management Corp. (Midlands) is a managing general...
Houston’s Chapman Schewe Now a Higginbotham Company
Jan 17 2013 // Higginbotham and Chapman Schewe Benefits Consulting have merged their operations in Houston. Fort Worth, Texas-based independent insurance broker, Higginbotham, will engage Chapman Schewe to supplement the in-house...
EPIC Adds Stanger to Employee Benefits in Southern California
Jan 14 2013 // Edgewood Partners Insurance Center named Janice Stanger an account executive on its Los Angeles benefits consulting team. As an account executive at EPIC, Stanger will provide client service leadership, including overall...