Core Viewpoint - Abacus Global Management has acquired AccuQuote, a US-based insurance brokerage, to enhance its growth strategy and support clients throughout the full life cycle of their insurance needs [1][3]. Company Overview - AccuQuote has nearly 40 years of experience in the insurance brokerage industry, helping clients understand and purchase life insurance policies [1][3]. - The acquisition allows Abacus to provide solutions for clients who may not qualify to sell their policies, thus capturing a broader market [3][4]. Strategic Alignment - The acquisition aligns with Abacus's strategy to transition into personal wealth management and asset management, creating opportunities for shareholders and new investors [6]. - Abacus aims to integrate AccuQuote's technology-driven instant quote platform to enhance client services on both the protection and asset management fronts [5][6]. Market Potential - There is a significant market opportunity for clients to understand their life insurance policies as assets, which can lead to better financial planning [4]. - The insurance industry is moving towards comprehensive client care, providing various options from the beginning to the end of the insurance lifecycle [4].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased SelectQuote, Inc. securities between September 9, 2020, and May 1, 2025, of the lead plaintiff deadline on October 10, 2025, for a class action lawsuit [1] Group 1: Class Action Details - Investors who bought SelectQuote securities during the specified period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by October 10, 2025 [2] - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3] Group 2: Allegations Against SelectQuote - The lawsuit alleges that SelectQuote made false and misleading statements and failed to disclose critical information regarding its business practices [4] - Specific allegations include directing Medicare beneficiaries to insurers that compensated SelectQuote, not providing unbiased comparisons for Medicare Advantage plans, and receiving illegal kickbacks [4] - The lawsuit claims that these actions made SelectQuote vulnerable to regulatory and legal sanctions, including potential violations of the False Claims Act [4]

Core Viewpoint - A class action lawsuit has been filed against SelectQuote, Inc. for allegedly receiving illegal kickbacks from health insurance companies and misleading investors about its business practices [5]. Allegation Details - The U.S. Department of Justice filed a complaint against SelectQuote, alleging that from 2016 to at least 2021, the company received "tens of millions of dollars" in illegal kickbacks for steering Medicare beneficiaries to specific insurance plans [5]. - The lawsuit claims that SelectQuote made materially false statements regarding its services, asserting it provided unbiased coverage comparisons while actually directing beneficiaries to the most profitable plans for the company [5]. Stock Impact - Following the DOJ's announcement, SelectQuote's stock price dropped by $0.61, or 19.2%, closing at $2.56 per share on May 1, 2025, with unusually high trading volume [5]. Legal Process - Investors who purchased SelectQuote securities between September 9, 2020, and May 1, 2025, have until October 10, 2025, to apply to be appointed as lead plaintiff in the lawsuit [5].

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Core Viewpoint - A class action lawsuit has been filed against SelectQuote, Inc. for allegedly receiving illegal kickbacks from health insurance companies and misleading investors about its business practices [6]. Allegation Details - The U.S. Department of Justice filed a complaint against SelectQuote, alleging that from 2016 to at least 2021, the company received "tens of millions of dollars" in illegal kickbacks for steering Medicare beneficiaries to specific insurance plans [6]. - The lawsuit claims that SelectQuote made materially false statements and failed to disclose adverse facts about its operations, including directing beneficiaries to plans that compensated the company the most, rather than providing unbiased comparisons [6]. Stock Impact - Following the DOJ's announcement, SelectQuote's stock price dropped by $0.61, or 19.2%, closing at $2.56 per share on May 1, 2025, with unusually high trading volume [6]. Legal Process - Investors who purchased SelectQuote securities between September 9, 2020, and May 1, 2025, have until October 10, 2025, to apply to be appointed as lead plaintiff in the lawsuit [6].

Core Insights - Brown & Brown has announced strategic updates to its Retail segment leadership team, emphasizing its commitment to delivering world-class solutions and enhancing collaboration globally [1][2]. Leadership Appointments - The company is integrating new leaders into its Retail segment as Retail Senior Leaders (RSLs) and Retail Vice Presidents (RVPs) to drive growth and collaboration following the acquisition of Risk Strategies [2][4]. - Mark Manzi has been appointed as the North American Retail Brokerage Leader, responsible for overseeing carrier relationships across various lines including Property & Casualty, Employee Benefits, and Personal Lines [5]. Leadership Statements - John Mina, senior vice president of the Retail segment, highlighted the exceptional talent and proven track record of the new leaders, stating that their collective experience will enhance customer service and unlock growth opportunities [6]. - Barrett Brown, executive vice president and president of the Retail segment, described the appointments as a pivotal moment for the Retail segment, aimed at strengthening the foundation for scalable growth and enhancing collaboration [6]. Company Overview - Brown & Brown, Inc. is a leading insurance brokerage firm with a global presence in over 700 locations and a workforce of more than 23,000 professionals, dedicated to delivering innovative strategies for customers [7].

Core Insights - Aon plc is positioned for sustained growth through new business wins, strategic acquisitions, operational efficiency, organic expansion, and shareholder-friendly initiatives [1] Strategic Acquisitions & Broader Reach - Aon is enhancing its capabilities and global presence through acquisitions like NFP and Griffiths & Armour, and partnerships with Cover Whale and Binary Defense, which improve regional presence and product offerings [3] - The company anticipates mid-single-digit or greater organic revenue growth [3] Operational Efficiency - Aon has achieved consistent earnings growth through disciplined cost control and effective execution, with the Aon United Restructuring program expected to unlock $350 million in annual savings by 2026 [4] - Management projects an adjusted operating margin expansion of 80–90 basis points for 2025 [4] Growing Health Solutions Numbers - The Health Solutions segment is experiencing strong demand, with revenues increasing by 9.4% in 2023, 37.1% in 2024, and 28.3% in the first half of 2025 [5] - Continued demand for executive benefits and pharmacy offerings is expected to drive further growth [5] Shareholder-Friendly Moves - Aon has returned significant value to shareholders through buybacks and dividends, repurchasing $1 billion in 2024 and an additional $500 million in the first half of 2025, with $1.8 billion remaining under its current authorization [6] - The company distributed $161 million in dividends in Q2 2025 and forecasts double-digit free cash flow growth for 2025 [6] AON's Earnings Surprise History - Aon's earnings have exceeded the Zacks Consensus Estimate in three of the last four quarters, with an average surprise of 3% [7] Challenges to Monitor - Aon's long-term debt was $15.5 billion at the end of Q2, with cash and equivalents dropping to $1 billion, resulting in a debt-to-capital ratio of 66%, significantly above the industry average of 49.7% [8] - Rising interest expenses increased by 19.2% in 2023 and surged 62.8% to $788 million in 2024, with a further increase of 18.6% year-over-year to $418 million in the first half of 2025 [8][10]

Core Points - Brown & Brown, Inc. will release its 2025 third-quarter earnings on October 27, 2025, after market close [1] - An investor update conference call will be held on October 28, 2025, at 8:00 a.m. EDT, hosted by the president and CEO, J. Powell Brown, and the executive vice president and CFO, R. Andrew Watts [1] - The conference call will be available for live listening on the company's website and will be archived for 14 days [1] Company Overview - Brown & Brown, Inc. is a leading insurance brokerage firm established in 1939, providing comprehensive and customized insurance solutions [2] - The company operates over 700 locations globally and employs more than 23,000 professionals [2] - Brown & Brown is committed to delivering scalable and innovative strategies for its customers throughout their growth journey [2]

Core Insights - Iridium Risk Services / Navacord is sponsoring the Schachter Catch the Energy Conference to connect investors with opportunities in Canada's energy sector [2][4] - The conference will feature direct interactions between investors and executives from 45 participating companies, covering various segments of the energy industry [4][5] - The event is positioned as a significant opportunity for investors to gain insights during the early stages of a new bull market in the energy sector [5] Company Overview - Iridium Risk Services / Navacord aims to provide better service to the energy industry by focusing on risk management rather than just insurance advice [3] - The company has expanded its expertise beyond the energy sector while maintaining a strong focus on risk management [3] - The firm emphasizes high standards and client satisfaction as core values, positioning itself as a disruptor in the insurance brokerage community [3] Conference Details - The Schachter Catch the Energy Conference will take place on October 18th at Mount Royal University in Calgary [1] - The conference will allow investors to meet company executives and ask questions in a moderated format [4] - Major sponsors include the TMX group, highlighting the conference's significance in the energy investment landscape [4]

Core Insights - Lockton Re has appointed Ed Le Flufy as the global head of cyber, based in London, to enhance its cyber capabilities and support clients globally [1][4] - The appointment is part of Lockton Re's strategy to develop a multi-disciplinary global cyber team that integrates innovative risk transfer solutions and advanced cyber analytics [2] - The cyber insurance market is experiencing significant growth, and Lockton Re anticipates this trend to continue, making cyber an increasingly important business segment [3] Company Developments - Ed Le Flufy will lead the cyber team and focus on delivering seamless services to clients worldwide, regardless of their location [2] - Lockton Re has recently made additional leadership appointments, including Peter Rapciewicz as US Casualty leader and Jessica Cullen as head of Excess Casualty and Operations [4][5] - Rapciewicz brings over 20 years of experience and will oversee the expansion of Lockton's casualty business in the US [5]