Viewed as a move to strengthen its presence in the Kansas market, Coventry Health Care announced its plan to acquire Preferred Health Systems.

Risk and reinsurance specialist Guy Carpenter & Co. announced an agreement to buy all the shares of United Kingdom-based reinsurance broker Rattner Mackenzie Limited from HCC Insurance Holdings Inc.

With the economy improving and a merger with Wachovia complete, the chairman of Wells Fargo & Co. has announced he will retire in early 2010.

Charlotte, N.C.-based AmWINS Group acquired a division of Willis HRH that brokers and administers employee benefit plans to small- and mid-sized employer groups.

Lincoln Financial Securities, an affiliate of Philadelphia-based Lincoln Financial Group, has added Braintree, Mass.-based U.S. Wealth Management as a branch office.

The Demetriou General Agency in New York has acquired H. Al Roth Agency, based in Manhattan. N.Y., as it continues plans to expand.

“We plan to increase our presence in the …  Read →

The following is a case study about how one person acquired an agency with no out-of-pocket expense.

Agent Profile:

Insurance Experience: 5 years
Product: Property-Casualty Insurance
State: Indiana
Annualized Commissions: $60,000
Credit Score: 550
Debt-to-Income Ratio: …  Read →

National insurer Aetna has an agreement to buy Horizon Behavioral Services, a Lewisville, Texas-based provider of Employee Assistance Programs to many mid-sized and large employers, for $70 million.

Aetna plans to …  Read →

National health insurer Aetna, fresh from a disappointing second quarter earnings report, appears ready to sell its pharmacy benefit management business.

Bankers at Bank of America-Merrill Lynch and Credit Suisse have …  Read →

A Northbrook, Ill.-based company has completed its acquisition of the majority of the U.S. life insurance premium finance assets of two subsidiaries of American International Group for $679.5 million in …  Read →