June 16, 2008
Insurance broker Aon Corp. reported that the five government agencies to its 2005 settlement have agreed to an amendment that will permit companies it acquires to continue to accept contingent commissions on existing business for three years following their acquisition …
June 16, 2008
In the wake of construction crane accidents in the past three months that claimed 11 lives, industry groups have called for nationwide safety standards. An industry council agreed on a set of standards in July 2004 but the proposal has …
June 16, 2008
First-Time Partnership Offers Agents in Small or Medium Agencies Wider Choices of Companies to Represent When buying a new or used car, cost is always an issue and car insurance shopping is always a stressful task. Just as some banks …
June 16, 2008
The first of a new mark that rates how well insurance companies have assessed their potential catastrophe losses has been issued to HomeWise Insurance Companies by Karen Clark & Co. HomeWise earned an IMARC Data Score of 675 (Excellent), which …
June 11, 2008
The South Carolina Medical Association launched its new subsidiary, the South Carolina Physician Assurance Co. The new insurance company will provide medical malpractice coverage to qualifying physicians who are members of the SCMA and to their extenders and the entities …
June 10, 2008
Standard & Poor’s Ratings Services has lowered its counterparty credit rating on Willis Group Holdings Ltd. to ‘BBB-‘ from ‘BBB’ following the recent announcement that it will acquire Richmond, Va.-based insurance broker Hilb Rogal & Hobbs (HRH) for a total …
June 9, 2008
In the wake of three construction crane accidents in the past three months that claimed 11 lives, industry groups on Thursday called for nationwide safety standards. An industry council agreed on a set of standards in July 2004 and recommended …
June 9, 2008
Willis Group Holdings, the third largest global insurance broker, said Monday it sees its $2.1 billion deal for a rival broker boosting growth, especially in the United States. Willis said late Sunday it would buy Richmond, Virginia-based Hilb Rogal & …
June 4, 2008
Insurance broker Aon Corp. reported today that the five government agencies to its 2005 regulatory settlement agreement have agreed to an amendment that will permit companies it acquires to continue to accept contingent commissions for three years following their acquisition …
June 4, 2008
Three insurance industry giants now boast the title as “one of the world’s most ethical companies,” according to a Ethisphere, a think-tank dedicated to the research and promotion of profitable best practices in global governance, business ethics, compliance and corporate …