Monthly Archives: November 2004

AON PREPS FOR SPITZER HAMMER:

Chicago-based Aon Corp., the world’s No. 2 insurance broker, said it is negotiating with lenders to access about $890 million...

MARSH TO LAY OFF 3,000:

New York City-based brokerage giant Marsh & McLennan Cos. revealed it would lay off about 3,000 employees to reduce annual...

Pride in the Independent Agency System

By N. Stephen Ruchman
Over the past five years the insurance industry has endured the entry of banks into the field; faced heinous attacks...

Storm Warnings:

As Insurers Tally ’04 Hurricane Losses, Experts See Similar Seasons Ahead The property insurance industry sustained record third-quarter losses this...

People & Places

Harvey Pierce Harvey R. Pierce, chairman and chief executive officer of the American Family Insurance Group has been elected chairman...