Here's what's been happening in employee benefits over the last month or so:

Lincoln Financial Group announced it has entered into a definitive agreement to acquire Liberty Life Assurance Company of Boston from Liberty Mutual Insurance Group. Upon completion of the transaction, Lincoln Financial will retain Liberty's Group Benefits business and reinsure Liberty's Individual Life and Annuity business to Protective Life Insurance Company. The combined organization will offer Life, Disability, Dental, Vision, Critical Illness, and Accident insurance, plus a full suite of enhanced absence management services.

Hub International of California, a wholly owned subsidiary of global insurance brokerage, risk advisory and employee benefits firm Hub International Limited, has hired Jason Del Grande as Vice President, Employee Benefits. Del Grande will join the San Francisco Employee Benefits team which effectively shares servicing responsibility with ten “sister” offices in Northern California.

Finworx, the fintech company that helps financial advisors put behavioral finance into action, is the latest company to join global fintech firm InvestCloud's Los Angeles-based Innovation Center fintech accelerator. In that residency, Finworx will further develop its recently launched Finworx360 app to provide AI-powered communications for financial advisors.

RIA insurance network DPL Financial Partners announced a growth capital investment from Eldridge Industries and the addition of 10 new professionals, including a half-dozen experienced insurance consultants.

Wealth management firm R. M. Davis announced the addition of two new equity owners, Scot E. Draeger, Director of Wealth Management and General Counsel, and Dean E. Walker, Vice President of Trading & Data Management. Their new roles add to the firm's leadership at a time of significant growth for R. M. Davis and offer greater breadth of expertise and experience to meet clients' evolving needs.

Worker's compensation insurance provider CopperPoint Mutual Insurance Company announced it has completed its acquisition of Pacific Compensation Insurance Company (PacificComp) from Alleghany Insurance Holdings LLC, a wholly-owned subsidiary of Alleghany Corporation (NYSE: Y). The purchase price equates to $150 million in cash and is subject to post-closing adjustments.

Independent wealth management and institutional advisory firm CAPTRUST Financial Advisors announced that it has acquired Salt Lake City-based Knox Capital Group. Led by partners Brodie Barnes and Stanley Kimball, Knox Capital Group brings with it more than $300 million in client assets and is comprised of 12 employees, including six financial advisors, all of whom will remain with the firm under the newly adopted CAPTRUST brand.

The law firm of Bressler, Amery & Ross, P.C. announced it has formed a multi-office, interdisciplinary team – Senior Issues: Counseling and Litigation Defense – to help clients deal with the many financial and legal issues relating to baby boomers preparing for retirement. The Senior Issues Group lawyers provide counsel to corporate clients who confront issues affecting seniors. The team includes 21 attorneys drawn from Bressler's insurance, securities, and estate planning and administration practice areas.

Financial services executive Michaela Scott has joined professional services firm Borislow Insurance. She works directly with clients in developing comprehensive strategic plans and reviewing existing estate plans. Michaela will expand offerings in these areas to complement Borislow's employee health and wellbeing solutions.

ArmadaCare, a supplemental insurance company, recently appointed Matthew Mattice to its newly created position, Vice President of National Accounts, to help address the growing demand for supplemental medical benefits. With his extensive experience in corporate executive benefits, consulting and insurance, Mattice will work with the benefit leaders of large national companies in collaboration with their benefit consultants.

The ASPPA College of Pension Actuaries (ACOPA) has named Martin Pippins as its new Executive Director and Director of Regulatory Policy, effective May 1. Previously he served as the Director, Customer Service & Stakeholder Relations for the Services & Enforcement ACA office.

Atrium Health, previously Carolinas HealthCare System, and Navicent Health jointly announced they have signed a Letter of Intent (LOI) to enter into a strategic combination to enhance access, affordability and equity of care for individuals and families in central and south Georgia.Navicent Health will become a part of Atrium Health, benefitting the central and south Georgia area.

The American Retirement Association has named Joseph A. Caruso, III, JD, MSPPM as Government Affairs Counsel, NAPA and NTSA, effective February 12. In his new role, Caruso will be involved with federal and state lobbying on behalf of ARA member associations, as well as drafting sample legislation, and providing comments on proposed regulations. The ARA is a non-profit professional organization representing over 20,000 members and comprised of five premier retirement industry associations: the American Society of Pension Professionals & Actuaries (ASPPA), the ASPPA College of Pension Actuaries (ACOPA), the National Association of Plan Advisors (NAPA), the National Tax-deferred Savings Association (NTSA), and the Plan Sponsor Council of America (PSCA).

Employee benefits newsmakers: Human Interest, Zenefits, Thrive Global

Benefits industry newsmakers: Wink, Carillon Tower Advisors, BPAS

Instant Insights /

Benefits newsmakers: Lincoln Financial, Finworx, Hub Int'l & more

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