Morning Minutes: Sun Life to acquire Assurant, Nixon announces drop in workers’ comp rates

Photos courtesy of (clockwise from top left) Creative Commons, Assurant, and Moila Country Club
Photos courtesy of (clockwise from top left) Creative Commons, Assurant, and Moila Country Club

Here are this morning’s top business headlines from across Missouri:

Sun Life Financial to acquire KC’s Assurant Employee Benefits for $975 million

Canadian insurance company Sun Life Financial plans to acquire Kansas City-based Assurant Employee Benefits for $975 million in a deal the firms say will create the sixth-largest group benefits business in the U.S. Read more

Missouri employers to see reduced workers’ compensation insurance rates

Missouri employers can expect to pay less for workers’ compensation insurance next year. Read more

Annual USDA report on hunger gives Missouri a poor ranking

In the latest Household Food Security in the United States report, the US Department of Agriculture says Missouri has the second highest percentage in the nation of households without enough food to eat, with almost 8 percent of Missourians falling into the “very low food supply” category. Read more

Kansas City Council voices opposition to state bill that would limit municipal powers

The Kansas City Council approved a resolution Thursday opposing state lawmakers’ efforts to restrict local control over the minimum wage. Read more


Shriners International will bring big convention to Kansas City in 2020

Kansas City has netted its first giant convention since a new downtown hotel deal was announced earlier this year. Read more

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