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Insurance Brokers
Shepherd Insurance agency goes on buying spree
January 21, 2013
J.K. WallThe Carmel insurance agency acquired three separate companies in a flurry of activity at the end of the year that will add
17 people to its staff.
MoreTobias Insurance agency merges with Florida firm
January 10, 2013
Tobias Insurance, the Indianapolis area's eighth-largest independent insurance brokerage, is now part of Florida-based AssuredPartners.
Tobias will retain its name, employees and leadership.
MoreLongtime insurance agency acquired by local rival
October 6, 2012
Property-casualty and employee benefits firm MJ Insurance buys Mead & Co., which dates to the 1860s.
MoreEmployee benefits firm plans Indianapolis expansion
July 30, 2012
IBJ StaffApex Benefits Group plans to invest $1 million and add 25 jobs paying an average of $44 an hour.
MoreBenefits brokers gain ground without merging
June 16, 2012
J.K. WallWhile mergers and acquisitions have been rampant in central Indiana’s benefits-broker industry the past five years,
a handful of brokers has grown the old-fashioned way—by adding clients.
MoreBankers Life paying $10M fine following securities probe
April 5, 2012
Cory SchoutenCNO Financial Group Inc. has agreed to pay $9.9 million to settle allegations by regulators in four states that its Bankers
Life subsidiary acted as an investment adviser and broker-dealer without proper state licensing.
MoreS&P completes biggest first-quarter rally since 1998
March 31, 2012
Bloomberg NewsMore than $3.6 trillion has been restored to U.S. equity values since October amid better-than-estimated earnings and economic
data. Indianapolis-based WellPoint Inc. surged 11 percent this week, as the Supreme Court debated the health care law.
MoreGallagher sees more broker mergers coming
January 30, 2012
J.K. WallThe Carmel office of Arthur J. Gallagher & Co. just made its sixth acquisition in five years, and it expects looming changes
to tax and health laws to produce even more chances to snap up benefits brokers this year.
MoreEmployers face messy decision to drop health insurance
July 9, 2011
J.K. WallCompanies that drop insurance coverage could, without spending any more money than they are now, give workers an 11-percent
raise or else help them save as much as $2,000 per year buying health coverage in one of the exchanges, IBJ calculations
show.
MoreUnited Financial Systems slapped with lawsuit
April 9, 2011
Kathleen McLaughlinAn Indianapolis insurance brokerage disciplined for unauthorized legal practice might now face millions of dollars in claims
from more than 4,000 former clients because of a class-action suit filed in Marion Superior Court.
MoreHealth insurance brokers set for shakeout
February 5, 2011
J.K. WallHealth insurance brokers, who match up employers with health insurance policies, are about to have a brighter light shone
on the commissions they earn from insurers. The likely result: Commissions will fall or flatline and, eventually, fall away
in favor of fee-based business models.
MoreBrown & Brown acquires Mavum benefits brokerage
November 24, 2010
J.K. WallIndianapolis-based benefits brokerage Mavum Consulting LLC has sold its assets to Florida-based Brown & Brown Inc., the latest
in a wave of broker consolidation in recent years.
MoreIndianapolis, Fort Wayne brokerages complete merger
September 30, 2010
Ash Brokerage Corp. and InSource Inc. have merged to create Ash InSource LLC, a company with annual fixed and equity-indexed
annuity sales of more than $1 billion.
MoreNew McGowan takes helm of insurance agency
August 28, 2010
IBJ StaffMcGowan Insurance was founded in 1930 by William McGowan, who led it until his death in 1977.
MoreWellPoint may be anti-competitive, Connecticut AG says
March 8, 2010
IBJ Staff and Bloomberg NewsWellPoint Inc.'s Anthem Blue Cross & Blue Shield of Connecticut may constrain competition through contracts that require
that the insurer receives hospital discounts at least as favorable as any provided to a competitor.
MoreShepherd Insurance buys rival DeTrude & Co.
December 2, 2009
J.K. WallThe acquisition of DeTrude & Co. by Shepherd Insurance marks the 13th purchase of an Indianapolis-area benefits brokerage
since mid-2007.
MoreIndiana insurance industry weathers hard times
October 24, 2009
J.K. WallEmployment in Indiana's insurance industry has remained stable despite a poor economy.
MoreOak Street Funding raises $50 million in new capital
September 5, 2009
IBJ StaffGerman group invests in Carmel-based company that specializes in financial services for insurance agencies.
MoreA.J. Gallagher & Co. strikes again, hires two more benefits brokers
June 29, 2009
IBJ StaffNational acquisition-and-merger rage among benefits firms continues as Gallagher swallows groups in Noblesville and Louisville.
Gallagher's Carmel office grows its client portfolio to 300.
MoreBenefits mergers on the increase
March 30, 2009
J.K. WallBenefits brokers and agents—facing increasing demands from employers and declining commissions—are merging at an
accelerating
pace.
MoreAllied Group Insurance honors clients with charity gifts in their name
December 8, 2008
The Indianapolis office of Allied Group Insurance Services will make contributions to local charities in their clients' names
instead of sending them holiday gifts.
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liek the rest of America
These quaint,obsessed musings by the stalkers are certainly entertaining, but I'm trying to figure out what, if anything, all the yelping below has to do with Zak Brown.
It's evident that Moffett was pushing the right buttons and corporate America is now trying to squash him. He just wanted to withdraw the free pilot services provided to the company by the pilots to try and put some pressure on a company that has not been interested in negotiating a contract in over 5 years. The company does not provide a contract because not having one has saved them a bundle of money. Shame on any Republic pilots not standing behind their union leader just because things are getting tough, can you not see such strategic moves by the company as putting the last union president in a corporate position and into THEIR pocket. Do you really believe the last union president is so appalled at the attempts by Moffett, do you not remember his oppositions to the company? We stood behind him. It has been proven over and over again for thousands of years without fail, a man cannot serve two masters. Anyone that believes people vote contrary to their paycheck and livelihood deserve to be taken advantage of, the recent statements by the former union president are laughable as he denounces the current union president from his new corporate position. Have you ever seen a drafted sports player score points for his previous team, it cannot be done, he is not on the pilots side anymore, he gets his money a different way now than you and I do, and he should not be allowed to remain on the seniority list. A drafted player brings strength, credibility, tactical knowledge, and a strategic advantage to his NEW team, he would not be drafted or paid were it otherwise. We are all forced to choose only one side to play for and support, not doing so has many references in life such as insider trading and shaving points, all illegal for good reason. This basic fact is why corporate moguls, scientist, and engineers all sign non-discloser agreements and non-compete clauses, as protection in case they are lured into switching sides as our former union president has done. No NFL coach ever drafted a player so that both teams could benefit and better understand each other, they are recruited to win the game against that former team, period. Likewise the company does not recruit the former union president by accident or mutual understanding, its strategy. Don't confuse playing the game with good sportsman-like conduct in support of common business and prosperity goals, with the requirement to only play for one side. Good men we all love and favor fall subject to this manipulation, often without their knowledge, and it is not a betrayal of their friendship to oppose them when they switch sides. If we did not love and trust them, they would not have been chosen and lured to the other side in the first place. The deception by the drafted player is not made at a conscious level, it's just human nature and it's all about money and power which corrupts our ability to be objective and loyal to two masters. This is why our court system created the defense attorney, and why our military created counter intelligence. Its strategy and its propaganda, and it works, and that's why the "powers to be" manipulate the chess pieces by sometimes changing their colors. Some players know they are being manipulated when their color is changed, but it brings them more money and power so they do not care. The rest have good intentions but do not even realize they are being manipulated. This tactic is also known by another name, Divide and Conquer. In battle sending an imperfect message with an imperfect team is obviously not ideal, but it's still being sent by YOUR team, your union leader, a leader that has common goals and common rewards with you, they are the best, because we have elected them to do a job for us. If you are not backing Moffett but believing the spin by those that have recently switched sides, you are taking food out of your own mouth. Showing unity and backing an imperfect situation still results in taking just as much ground, it's about unity and bargaining power. It's not necessary to wait around for that perfect attack because it will never come, the company will spin and attempt to destroy anyone that gets in their way. Ultimately it's not about any specific attack anyway, ASAP or whatever it makes no difference, it is and always has been only about power. If this company cared about safety it would not build pairings with 8 hour overnights, come on, are you that naive? Besides, do you really think Hoffa cares, no, he got a call from corporate America and was squeezed into denouncing Moffett. If he didn't they would spin the safety card against him and the Teamsters National with implication for truckers, future contracts, insurance rates etc...saying something like the Teamsters use safety as a bargaining chip, blah blah blah... Do you really think any pilot is going to do something unsafe for the contract, absolutely not, the only ones threatening safety here is the company with reduced rest, fatigue, and poverty. Do you not find it odd that Hoffa and the Teamsters are opposing a Teamster president publicly? Would the Teamsters National not normally support and work with one of their own? Why did they not sit down and help him strategize, correct any mistakes, and charge ahead? Would the Teamsters National not normally support and leverage a contract for all those pilots that have been paying Teamster dues, isn't that why we have all been paying Teamster dues in the first place? I sure haven't been paying dues so that the Teamsters National could come along and write this kind of an article undercutting our union leader and our unity. Whose side is the Teamsters National really on, it's obviously not the Republic pilots side.
No matter what Moffatt does the company is going to spin it like he is the terrorist and brainwash people like you into believing it, wake up, back your players that are trying to change things for you and your livelihood. Where has Hoffa been for the last 6 years, except collecting our dues. Seriously, do you really think an FO going for upgrade, signed off by a checkairman ready for the upgrade, who then fails, is not even capable of returning as a First Officer.
whoa!