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Archive for the Insurance News Net Category

One year later: Here are the key events for Aetna-Humana so far

One year later: Here are the key events for Aetna-Humana so far

Happy birthday, Aetna Inc. and Humana Inc. July 3, 2016, is the one-year anniversary of when Connecticut-based Aetna (NYSE: AET) said it planned to buy Louisville-based Humana (NYSE: HUM) for $37 billion. We decided to mark the occasion by looking back at key dates in the deal […]

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Zenefits CEO cuts deal with investors to avoid litigation, slash valuation

Zenefits CEO cuts deal with investors to avoid litigation, slash valuation

In the latest surprise from struggling startup Zenefits, CEO David Sacks has given Series C investors a bigger stake in the company to compensate them for its shrinking valuation of $2 billion — less than half what it was just over a year ago. Investors put $500 […]

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Introducing OBJ’s 2016 Healthiest Employers honorees

Introducing OBJ’s 2016 Healthiest Employers honorees

Central Florida’s employers are pretty serious when it comes to their workforce’s health — and Orlando Business Journal this year has chosen 20 companies as honorees in our annual Healthiest Employers contest. The Healthiest Employers awards recognize local businesses that advocate healthy lifestyles. To be eligible, firms […]

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How skepticism creates innovation challenges for local firms

How skepticism creates innovation challenges for local firms

It’s not easy being the pioneer for a new product or service — just ask the many tech startups that are working to build up their innovative businesses in Orlando. Nearly a dozen tech health startup CEOs pitched their products and services at GuideWell’s Innovation Center in […]

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National General to buy Direct Auto & Life parent firm for $165 million

National General to buy Direct Auto & Life parent firm for $165 million

National General Holdings Corp. announced that it has agreed to acquire the parent firm of Direct Auto & Life Insurance, a Tennessee-based insurance company that predominantly writes non-standard auto business in the Southeastern United States, from Virginia through Florida. National General will acquire Elara Holdings, Inc., the […]

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Brousseau to lead sales for Prudential Group Insurance

Brousseau to lead sales for Prudential Group Insurance

Chuck Brousseau has been named the new head of Distribution for Prudential Group Insurance, a business of Newark, N.J.-based Prudential Financial, Inc. Brousseau will be based in Maryland. Brousseau will be responsible for the management of Prudential Group Insurance’s sales and account management services across all the […]

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Insurance Office of America acquires Delaware agency

Insurance Office of America acquires Delaware agency

Insurance Office of America (IOA), based in Longwood, Fla., has acquired Thomas J. Hornung & Associates, an independent insurance agency in the Wilmington, Del., area. Financial terms were not disclosed. Thomas J. Hornung, who founded the agency in 1997, and all employees will join the IOA team. […]

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People in research: Hartmut Stecher connects researchers to doctors, patients to trials

People in research: Hartmut Stecher connects researchers to doctors, patients to trials

As a 10-year-old walking through wetlands in the Alps with his grandparents, Hartmut Stecher was intrigued by a small collection of bubbles popping at the surface of a small lake. “I was so interested in what was happening and wanted to research that,” said Stecher, who went […]

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UT Southwestern seeks NIH funding for $200M cancer treatment facility

UT Southwestern seeks NIH funding for $200M cancer treatment facility

University of Texas Southwestern Medical Center is seeking funding from the National Institutes of Health to create a $200 million cancer treatment facility that would be the first of its kind in the United States. The facility would cost $70 million to build and would house $130 […]

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Greater Cincinnati hospital names new top executive

Greater Cincinnati hospital names new top executive

Michael Mewhirter has been promoted to president of Fort Hamilton Hospital in Butler County. He succeeds Mark Smith, who had been president since June 2013 and served as interim leader of the hospital for three months before then. Smith was named a vice president of the Kettering […]

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