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Is Humana Next on the List of Huge AcquisitionsAccording to reports originally published by Bloomberg Business, Louisville-based Humana Inc. could very possibly be an acquisition target. As a health and Medicare insurer, ageing baby boomers are currently driving significant business for the company, making them attractive to other healthcare agencies such as Aetna Inc. (AET) and Anthem Inc. (WLP). These two agencies are direct rivals to Humana within their segment.

Humana has recently been generating record revenue with aging U.S. baby boomers increasing enrollment in the government-sponsored Medicare program for the..



Posted:March 30, 2015

What Did Recent Architect Professional Liability Survey Reveal Each year, specialty insurance brokerage Ames & Gough conducts a survey amongst Architect and Engineer Professional Liability professionals to review rates and news within the industry. The 2015 Architects & Engineers Professional Liability Insurance Survey found that in the last couple of years, almost all leading insurers offering this specialty coverage has seen premium growth. This is thanks to new business, an improving economy, and moderately higher rates.

This year’s survey revealed that most architect and engineer professional liability insurers anticipate flat or..



Posted:March 27, 2015

When Should You Let Your Agency Be AcquiredIn an earlier blog post, we raised the question, “Is bigger better?” in regards to insurance agency acquisitions. Insurance companies big and small have been benefiting from the consolidation of the industry, showing that these acquisitions may in fact be a positive move for most who work in the insurance industry. If you are thinking of allowing your agency to be acquired, but are unsure of if now is the right time or if you should do it at all, it’s important to..



Posted:March 23, 2015

When Should Directors and Officers Be InsuredAs an agent with small to mid-sized businesses, you are likely aware of the many misconceptions that business owners have about insurance coverage; especially Directors and Officers Coverage. One of the biggest assumption executives make is that this coverage is only for publicly traded companies, and privately held companies don’t carry the same risk exposures. While this is for the most part true, a business does not have to have shareholders in order for the directors and/or officers to be sued.

So when should your..



Posted:March 20, 2015

EPL Reports Show Gender Gap is Dependent on Geographical LocationA recent report developed by Washington, D.C.-based nonprofit the Institute for Women’s Policy Research (IWPR) revealed that women employed in Colorado will not be receiving equal pay compared to men until 2057. The report took into account many factors; women’s status on the level of earnings, the gender-wage gap, labor force participation and women’s representation in professional and managerial positions.

Colorado is clearly not the only state to be affected by unequal pay for women; nationally women are not expected to achieve..



Posted:March 19, 2015

Insurance Industry Acquisitions Is Bigger BetterIn our previous post, we discussed the fairly recent uptick in consolidation in the insurance industry, stating that agencies decide to participate in mergers and acquisitions for a number of reasons, including acquiring other firms for their existing employees’ skills and experience. No matter the reason, as a trusted Insurance Broker Resource, we’d like to shed some light on the motives behind mergers and acquisitions.

There’ve been many factors contributing to the wave of acquisitions we’ve seen in the past decade in the middle-market insurance..



Posted:March 16, 2015

Insurance Industry Continues to ConsolidateAs most brokers are likely aware, the last decade has seen a significant uptick in consolidation in the insurance industry. The late 1990’s saw a boom in merger and acquisition activity, resulting from rising stock markets, declining interest rates, industry deregulations and increased globalization. One of the latest acquisitions is that of the Hub International Ltd. purchase of Laubacher Insurance Agency, Inc.

Laubacher is a California-based agency providing property and casualty, employee benefits, and personal lines services. The agency’s main focus is on farm and ranch..



Posted:March 13, 2015

New Bill Aims to Tackle EEOC Involvement in Wellness Programs

 

It’s no secret that the Equal Employment Opportunity Commission’s (EEOC) decisions are often cause for questions and anxiety from employers nationwide, leading many companies, including some of your clients to question if the EEOC is going too far in some cases. Your clients are increasingly facing a high number of Employment Practices Liability Risks simply by conducting their business; including claims of discrimination, harassment, FMLA violations, unfair pay, and more. The latest challenge to employers nationwide has been the EEOC’s..



Posted:March 9, 2015

Are Employers Still Unprepared for ACA Conditions

At the beginning of the year, we announced that ACA Compliance had begun for 2015, and discussed what this meant for employers; explaining that your clients will need to decide whether their new hires are variable hour employees subject to a measurement period, or whether they’re full-time employees.  Understanding and complying with new ACA conditions is vital to running a business in the U.S. and potentially reducing Employment Practices Liability Risks.

Some healthcare and employee benefit experts, such as those from Employee Benefit News,..



Posted:February 27, 2015

Is Email Still an Effective Marketing Method for Agencies

This question is a common one for insurance agents nationwide; both those selling personal lines as well as commercial lines insurance, such as Professional Liability or Errors and Omissions Insurance. In the age of social media, agents wonder if email marketing is losing its popularity and its effectiveness on generating leads. The good news is, according to a recent study by predictive analytics firm Custora, customer acquisition via email has actually quadrupled in the last four years. In fact, email..



Posted:February 25, 2015

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