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Walmart | July 09, 2020
In a surprise move, retail corporation Walmart has entered the health insurance market and has even begun hiring licensed insurance agents for its new business. The company announced in a virtual conference that it would start selling health insurance plans with the creation of “Walmart Insurance Services LLC.” MedCity News reported that the new business’s name was first filed with the Arkansas Secretary of State late last month....
Arthur J. Gallagher | January 31, 2020
It’s the turn of Arthur J. Gallagher & Co. (AJG) to report its financial results for the fourth quarter and full year 2019. The global insurance brokerage and risk management group posted net earnings of $105.6 million in last year’s final three-month period, which is lower than the $127.8 million recorded in the fourth quarter of 2018. The net earnings result for the whole year, however, improved to $715.8 million from $675.9 million previously. “We had an outstanding four...
Insurance Business Magazine | February 07, 2020
The California Consumer Privacy Act (CCPA) is a new law that came into effect on January 01, 2020, which protects the rights of Californian consumers. As the strictest state-level privacy and data protection law in the US, the CCPA law sets a new bar for businesses that collect and share the personal data of Californian consumers. The CCPA permits any Californian consumer to see what personal information is collected, used, shared or sold by businesses, in addition to a full list of all the thir...
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Woodruff Sawyer | February 10, 2022
Woodruff Sawyer, one of the largest independent insurance brokerages in the US, announced Bill Urick has joined the company to lead the Northern California Employee Benefits Practice. Bringing over 35 years of Commercial and Benefits brokerage experience to the role, Bill most recently led a large Healthcare Benefits Practice in California for a division of Assured Partners and held previous leadership roles at Johnson & Higgins, Marsh and A.J. Gallagher. As Northern Californi...
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