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Health Net Is Exiting the California Group Market
Health Net will no longer offer small or large group coverage in CA. In-force groups terminate February 28, 2027. Your Claremont team is ready to help find alternatives. Call 800.696.4543 or email quotes@claremontcompanies.com.

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Beam Benefits Announces Acquisition by Principal Financial Group

Beam Benefits Announces Acquisition by Principal Financial Group

Beam Benefits Announces Acquisition by Principal Financial Group

Jul 10, 2026, < 1 Minute Read

Principal Financial GroupĀ® has announced an agreement to acquire Beam Benefits. The transaction is expected to close during the second half of 2026, subject to customary regulatory approvals. Beam and Principal will continue to operate as separate companies until the acquisition is finalized.

At This Time

What’s Not Yet Determined

Beam has indicated that additional information regarding future operational changes will be shared after the transaction closes.

As Beam’s general agency partner, we’re monitoring this announcement closely and will share verified updates with our broker partners as more information becomes available.

Key takeaway: There is no action required for brokers or employer groups at this time.

For additional information, refer to Beam’s FAQ and official announcement.

Questions about your Beam business? Contact your Claremont team at 800.696.4543 or info@claremontcompanies.com.

Contact us today for a Beam Benefits quote.

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