SelectQuote, Inc., a publicly traded insurance distribution company, has seen a dramatic collapse in its share price following a grim financial forecast. The stock plunged 43.73% to $2.02 as of September 13, 2024, representing a significant fall from its 50-day high of $4.31. This dramatic downturn is largely attributed to a disappointing earnings report and […]
MDI NetworX, a Baltimore-based provider of business management services for healthcare payers, has acquired American Healthcare Alliance (AHA) for an undisclosed price. Based in Overland Park, Kansas, American Healthcare Alliance is an alliance of preferred provider organizations (PPOs). The alliance, through its PPO networks, caters to payers, employers, brokers, and networks across the US. MDI […]
Global insurance brokerage Hub International has acquired the assets of Dissinger Reed, a Kansas-based special risk agency, for an undisclosed price. Based in Overland Park, Dissinger Reed particularly focuses on the unique insurance requirements of collegiate athletic departments and state high school associations. Presently, the special risk agency offers tailored insurance solutions to 200 plus […]