Displaying items tagged: Lighthouse Group
Roundtable: Cannabis experts tackle evolving business climate, social equity pressures
As Michigan emerges as one of the top cannabis markets in the U.S., industry experts and operators still face the growing pains of a sector with high barriers to entry and increasing consolidation.
Lighthouse Group owner acquires West Michigan Insurance Inc. as industry consolidation continues
Chicago-area insurance brokerage and financial services firm Alera Group has acquired West Michigan Insurance Inc., a Grand Rapids property and casualty agency.
MiBiz Growth Report: January 17, 2022
Here is the MiBiz Growth Report for January 17, 2022.
Lighthouse Group expands lakeshore presence with Gales Agency acquisition
GRAND RAPIDS — Insurance and employee benefits agency Lighthouse Group has acquired Gales Agency from Shelby State Bank.
Insurance coverage available, but competition lacking for Michigan cannabis biz
Michigan cannabis companies should be able to readily secure the insurance coverage they need, but they face a lack of choice in the market compared to other industries.
CHANGING THE GAME: Insurance industry embraces AI to drive outcomes, cut costs
With the emergence of artificial intelligence over the last decade, insurers’ painstaking work to identify trends and analyze data increasingly has become automated.
Medical claims trends, prescription drug costs drive higher insurance rate proposals
Driven by higher medical claims trends, insurance rates for small business and individual health policies would increase significantly in 2022 compared to recent years under rate proposals before state regulators.
Insurance reimbursements, new virtual-first coverage plans to help ensure telehealth’s growth
As COVID-19 emerged last spring and closed physician offices for non-essential care — forcing connections with patients via telehealth platforms — health insurers began to pay doctors the same for virtual visits as they do for in-person care.
Lighthouse Group acquisition could spur more Michigan deals for Chicago-area firm
The Chicago-area insurance brokerage firm that acquired Grand Rapids-based Lighthouse Group intends to look for other deals in Michigan.
Lighthouse Group acquired by Illinois independent insurance firm
GRAND RAPIDS — Insurance and employee benefits agency Lighthouse Group has been acquired by Alera Group, a Deerfield, Ill.-based independent insurance firm that has more than 90 locations across the U.S.
As high-deductible health plans gain steam, more employers demand cost shopping tools
A few years back, employers seldom asked about what they could do to make their employees better shoppers for health care.