Taken as a group, the nation’s largest public insurance brokers did better in 2007 than 2006, although the continuing soft market will make it harder for them to improve a lot on the 2007 performance in 2008, according to ratings …
Aon Corp, a provider of global risk management services, today announced that Mary Ann Krautheim has joined Aon Construction Services Group as its first National Client Strategy officer. Based in Minneapolis, Krautheim is one of a number of strategic hires …
Fitch Ratings will hold a will hold a teleconference to discuss the outlook for the Insurance brokerage industry, on Tuesday, Jan. 15. Fitch said it would specifically discuss the “prospects for publicly traded brokers Marsh & McLennan (MMC), Willis (WSH) …
The new year saw two reminders that the controversies over alleged bid-rigging, account steering and contingent commissions that began back in 2004 are not over. On Jan. 2, The Travelers Cos. Inc. said it had agreed to pay $6 million …
The Travelers Cos. Inc. will pay $6 million to settle investigations in 9 states and the District of Columbia over how it paid brokers. The St. Paul-based company said it had reached agreements with attorneys general in Michigan, Florida, Hawaii, …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Jewelers Block Nuts & Bolts: Jewelers Block is offering coverage including retail, wholesale and manufacturing …
The Travelers Cos. Inc. will pay $6 million to settle investigations in nine states and the District of Columbia over how it paid brokers. The St. Paul-based company said it had reached agreements with attorneys general in Michigan, Florida, Hawaii, …
Gov. Charlie Crist has asked three trial lawyers to review documents for a possible class-action lawsuit against property insurers, alleging that the industry hasn’t passed on savings to consumers as required by Florida law. Crist asked his general counsel and …
The Travelers Cos. Inc. will pay $6 million to settle investigations in nine states and the District of Columbia over how it paid brokers. The St. Paul-based company said it had reached agreements with attorneys general in Michigan, Florida, Hawaii, …
What will it take to get ahead in 2008? Managing insurance cycles to maintain profitability is a tricky proposition. Higher premiums produced by hard markets provide more income, but it may be difficult to find coverage for troublesome risks. Plus, …
