Latest Employee Benefits Headlines
All the headlines from our Employee Benefits Topic Page, ordered by recency.
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...
Insurance Agents and the 2012 Election: Interview with Big I CEO Rusbuldt
Nov 2 2012 // Bob Rusbuldt When it comes to the 2012 presidential election, insurance agents have, as industry insiders like to say, “skin in the game.” In addition to being concerned with how the overall economy will...
Schaffler to Lead Lockton Chicago
Oct 30 2012 // Privately held insurance broker Lockton has named Tom Schaffler as president of its Chicago operation and Tom Pluss as chairman. Schaffler is responsible for setting the vision and long-term strategies for the insurance...
Lockton’s Henson Named ISCEBS – Kansas City 2013 President
Oct 26 2012 // Sam Henson, JD has been named the 2013 president of the International Society of Certified Employee Benefit Specialists – Kansas City Chapter. Henson is the senior ERISA counsel for Lockton Retirement Services, a...
Arthur J. Gallagher Acquires Park Row Associates in Rhode Island
Oct 24 2012 // Itasca, Ill.-headquartered global insurance broker Arthur J. Gallagher & Co. has acquired Park Row Associates Inc. in Providence, R.I., from its parent company, Delta Dental of Rhode Island. Terms of the transaction...
Arthur J. Gallagher & Co. Acquires Unison Inc.
Oct 12 2012 // Arthur J. Gallagher & Co. announced the acquisition of employee benefits insurance broker Unison Inc. in Minnetonka, Minn. Terms of the transaction were not disclosed. Founded in 1980, Unison offers a full range of...
Business Moves – East
Oct 8 2012 // USI, TD Insurance USI Insurance Services, a brokerage and financial services firm in Briarcliff Manor, N.Y., said on Sept. 24 that it has completed the acquisition of TD Insurance Inc., a U.S. subsidiary of TD Bank, N.A....
Vermont Captive Insurance Leader Discusses Emerging Areas, Challenges
Sep 26 2012 // Vermont is the leading onshore captive insurance domicile. The Green Mountain State now has over 900 captives, having licensed more than four times the number of captives than any other domestic competitor. Richard Smith,...