Humana dropping out as title sponsor of PGA Tour's former Bob Hope Classic after January event

MarketsAssociated Press

Humana is dropping out as title sponsor of the PGA Tour's former Bob Hope Classic after the January tournament at PGA West and La Quinta Country Club.

The Louisville, Kentucky-based managed health care company became the title sponsor in 2012.

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The PGA Tour said Monday it is searching for a new sponsor in consultation with Desert Classic Charities and the Clinton Foundation. The tournament also is looking for new courses after PGA West said in July that its Palmer Private and Nicklaus Private layouts will not be used after the Jan. 16-19 event.