March 9, 2009
Marsh Marsh & McLennan Companies Inc., the No. 2 global insurance broker, said the 2008 restructuring at Marsh Inc., its flagship insurance brokerage unit, was on track to generate annual savings of $200 million, and it plans further spending cuts …
March 9, 2009
Marsh Marsh & McLennan Companies Inc., the No. 2 global insurance broker, said the 2008 restructuring at Marsh Inc., its flagship insurance brokerage unit, was on track to generate annual savings of $200 million, and it plans further spending cuts …
March 9, 2009
Legislative efforts to freeze insurance rate increases for coastal homeowners risk making policies less available and more costly for all state residents, North Carolina’s new insurance commissioner has warned. Such measures would keep the state’s insurer of last resort, the …
March 9, 2009
Marsh Marsh & McLennan Companies Inc., the No. 2 global insurance broker, said the 2008 restructuring at Marsh Inc., its flagship insurance brokerage unit, was on track to generate annual savings of $200 million, and it plans further spending cuts …
March 6, 2009
Highway Patrol troopers in North Carolina have issued nearly 9,000 citations during a campaign aimed at reducing the number of traffic accidents involving teenagers. Thirty-one drivers under age 21 were cited for driving while intoxicated, and more than 3,000 speeding …
March 6, 2009
Massachusetts Attorney General Martha Coakley wants a public hearing to review the auto insurance rates of a new company entering the market in Massachusetts. Occidental Fire and Casualty Insurance Co. of North Carolina is asking to charge Massachusetts drivers rates …
March 5, 2009
Charlotte, North Carolina-based insurance wholesale brokerage AmWINS Group, Inc. has acquired three medical stop loss wholesalers in three separate regions of the country. The firms acquired are American Stop Loss Insurance of Worcester, Mass.; Brokerage Services, Health Benefit Solutions of …
February 26, 2009
Zurich North America Commercial will begin accepting new business in 11 South Central and Southeastern states through its new Zurich Integrated Products unit, which services commercial customers in between the small-to-middle market segments. Effective immediately, agents and brokers can submit …
February 25, 2009
Legislative efforts to freeze big insurance rate increases for coastal homeowners risk making policies less available and more costly for all state residents, North Carolina’s new insurance commissioner said. Such measures would hold off increased surcharges of up to 25 …
February 22, 2009
6.4% The workers’ compensation rate increase approved by Florida Insurance Commissioner Kevin McCarty effective April 1. The increase reflects the impact from the Oct. 23 Florida Supreme Court opinion in the case of Emma Murray v. Mariner Health Inc. That …