Latest Employee Benefits Headlines

All the headlines from our Employee Benefits Topic Page, ordered by recency.

George Petersen in California Names Five New Principals

Jan 22 2021 // George Petersen Insurance Agency has promoted Joseph Feierabend, Jack Fess, Sean Parsons, Colby Ritch and Mindy Sehon to principals within the agency.The agency now has 20 principals across eight of the agency’s 10...

Hub Acquires Assets of MPE Employee Benefit Services of Mississippi

Jan 21 2021 // HUB International Limited (Hub), a global insurance broker, has acquired the assets of MPE Employee Benefit Services. Terms of the transaction were not disclosed. Located in Ridgeland, Miss., MPE Employee Benefit Services...

Insurance Agency M&A Deals Surged 20% in Year of Pandemic: OPTIS

Jan 20 2021 // There were 744 announced insurance agency mergers and acquisitions in 2020, up nearly 20% from 649 reported in 2019. The surge resulted from the pent-up supply of pending transactions from earlier in the year coupled with...

Newfront in California Adds Parker as Employee Benefits Producer

Jan 18 2021 // Newfront Insurance in San Francisco, Calif., has brought Nichole Parker on as a principal and employee benefits producer. Parker joins Newfront from TSM Insurance and Financial Services Inc., where she was heading the...

MJ Insurance Adds Crossland, Bushelle and Young in Indiana

Jan 11 2021 // MJ Insurance has hired Holden Crossland as employee benefits consultant, Branden Bushelle as database analyst and Matthew Young as risk transfer specialist at the independent agency’s Indianapolis headquarters.As an...

Top Southeast Region Insurance M&As of 2020

Jan 5 2021 // The top M&A story of 2020 was more a global than national story but it captured more readers in every geographic location than any other. Since it was first announced in March, the proposed Aon-Willis merger remained...

Lockton Dunning Benefits Adds 3 Key Executives in Houston

Jan 5 2021 // Lockton Companies’ Lockton Dunning Benefits has hired Jason Mahler, Travis Brashear and Don Harrison, expanding its growing presence in the Houston market.All three executives will work closely with the firm’s...

Marshall & Sterling Insurance to Acquire New York’s Jaeger & Flynn Associates

Dec 17 2020 // Marshall & Sterling Insurance, a 100% employee-owned company, has entered into an agreement to acquire Jaeger & Flynn Associates Inc. (JFA), an employee benefits broker and third-party administrative services (TPA)...

Texas Couple Sentenced to Prison in $15M Employee Benefit Plan Embezzlement Scheme

Dec 4 2020 // A Red Oak, Texas, couple have been sentenced to a combined 18-plus years in federal prison for their roles in a $15 million retirement plan embezzlement scheme, according to U.S. Attorney for the Northern District of Texas...

Zywave Acquires Insurance Technologies Corporation (ITC)

Nov 24 2020 // Insurance technology provider Zywave announced the acquisition of Insurance Technologies Corporation (ITC), a leading provider of marketing, rating and management software and services to the insurance industry.Zywave said...

Alera Group Names Parker as VP of Employee Benefits Technology & Services

Nov 16 2020 // Alera Group, a Deerfield, Ill.-based insurance and financial services firm, has named Brian Parker as vice president of Employee Benefits Technology & Services, effective November 1, 2020. He will be based out of...

HUB Acquires Assets Of Florida-Based Leading Edge Benefit Advisors & Affiliates

Nov 12 2020 // HUB International Limited (Hub), a leading global insurance brokerage, has acquired the assets of Leading Edge Benefit Advisors, LLC, Raimey, Corp., Leading Edge Human Resource Services, LLC, Leading Edge Companies, LLC,...

MJ Insurance Adds Heard as Employee Benefits Analyst

Nov 10 2020 // MJ Insurance, based in Indianapolis, is expanding its Health Risk Management + Analytics department with the addition of employee benefits analyst, Andrew Hearn.Hearn comes to MJ from Levy Restaurants, where he served as a...

Newfront Insurance in California Adds Tennis in Employee Benefits

Nov 5 2020 // Newfront Insurance in San Francisco, Calif., has named Dana Tennis a principal and employee benefits producer. Tennis was previously with Marsh & McLennan Agency as a client sales executive. She was a business...

Agency M&A Activity Continues Despite Pandemic: OPTIS Partners

Nov 2 2020 // There were 170 announced insurance agency mergers and acquisitions during the third quarter of 2020 compared to 173 for the same period in 2019, according to a report from consulting firm OPTIS Partners.The Chicago-based...

Risk Strategies Acquires LaRocca & Associates of Florida

Oct 28 2020 // Risk Strategies, a privately held national insurance brokerage and risk management firm, has acquired LaRocca & Associates, Inc., a specialty brokerage with expertise in health and welfare benefits across several...

Pandemic Having LittIe Effect on Insurance Agency M&A Activity: OPTIS Partners

Oct 27 2020 // There were 170 announced insurance agency mergers and acquisitions during the third quarter of 2020 compared to 173 for the same period in 2019, according to a report from consulting firm OPTIS Partners.The Chicago-based...

USI Insurance Services to Acquire Findley of Tennessee

Oct 22 2020 // USI Insurance Services has entered into a definitive agreement to acquire Nashville, Tenn.-based Findley, Inc. Subject to customary closing conditions, including regulatory approvals, the transaction is expected to close...

Graham Company Appoints Baxter as Senior Vice President of Employee Benefits

Oct 15 2020 // Graham Company, a Philadelphia, Penn.-based insurance and employee benefits broker, has appointed John Baxter to senior vice president of Employee Benefits.In this role, Baxter will be responsible for leading the...

Clegg Insurance Group Finalizes Acquisition of iCan Benefit Group

Oct 14 2020 // Clegg Insurance Group finalized the acquisition of the property and casualty division of iCan Benefit Group late September in Boca Raton, Fla., adding more than 1,500 clients to its book of business and expanding further...