employee benefits News

Hub International Buys Canada Employee Benefit Consultant, W.R. Carey Corp.

Hub International Ltd., a Chicago-based insurance broker, announced it has acquired the assets of W.R. Carey Corp. Terms of the transaction were not disclosed. Located in Winnipeg, Manitoba, Canada, Carey Corp. is an independent employee benefits consulting firm providing a …

Alliant Adds Merchant to Employee Benefits Team in Illinois

Employee benefits expert Shaan Merchant has joined Alliant Insurance Services in Bannockburn, Illinois, as first vice president. Merchant has experience designing and delivering employee benefits solutions that lower healthcare costs while bolstering operational strength. This includes a background in cost-benefit …

HUB International Acquires Canada’s RBI Advisory Group

Hub International Ltd., the Chicago-based insurance broker, announced it has acquired R Bruce Inc., which does business as RBI Advisory Group. Terms of the transaction were not disclosed. Located in Okotoks, Alberta, Canada, RBI Advisory Group has provided strategic group …

5 Montana Hospitals Settle Lawsuit over Employee Insurance

Five Montana hospitals are settling a lawsuit that claimed they made a deal with an insurer to inflate employee health coverage prices in return for $26 million. The hospitals, which deny wrongdoing, agreed to pay $6.9 million to employees to …

Hub International Acquires Canadian Broker PDF Financial Group

Hub International Ltd., the Chicago-based global insurance brokerage, announced it has acquired PDF Financial Group Inc. Terms of the transaction were not disclosed. Based in Toronto, Ontario, Canada, PDF is an independent brokerage offering consulting and outsourcing services for employee …

World Broker Network Adds CEO of Hong Kong-Based Pacific Prime to Board

Neil Raymond, founder and CEO of Pacific Prime Insurance Brokers, has recently joined the Worldwide Broker Network (WBN) as a board member. Founded in 1999, Hong Kong-based Pacific Prime serves more than 4,000 corporate clients from 175 countries worldwide, the …

Hub International Acquires Ontario-Based ProCorp Financial

Hub International Ltd., a Chicago-based global insurance brokerage, announced it has acquired ProCorp Financial Inc. Terms of the transaction were not disclosed. Based in Ottawa, Ontario, Canada, ProCorp Financial is a boutique benefits and retirement consulting firm, specializing in estate …

Alliant Acquires InvisionBenefit in Illinois

Alliant Insurance Services has acquired Northern Illinois-based InvisionBenefit. As part of the company’s Employee Benefits Group, InvisionBenefit will expand Alliant’s Midwest benefits presence while bringing a broad array of benefits, consulting and advisory services under the Alliant banner. Founded in …

Droz Joins Alliant Insurance Services in San Francisco

Michelle Droz has joined Alliant Insurance Services in San Francisco as vice president in the company’s Employee Benefits Group. She has 25 years of experience in the employee benefits field. Prior to joining Alliant, Droz was partner and senior vice …

Virtus Acquires Cobbs Allen’s Kansas City Employee Benefits Unit

Insurance brokerage, Virtus, has acquired Cobbs Allen’s Kansas City employee benefits practice. This acquisition supplements Virtus’ Kansas City presence and adds depth and expertise to its employee benefits practice group. Virtus was founded in Kansas City in 2013 with a …