Agency Management

Reinsurance broker Guy Carpenter & Company, LLC said it has agreed to sell its wholly owned subsidiaries--Reinsurance Solutions LLC, Reinsurance Solutions Ltd. (collectively RSL) and Excess & Treaty Management Corp. (ETMC)

Many of the residents driven from their homes after a pipeline exploded Thursday in San Bruno, Calif., were allowed to return to their homes, but more than 80 homeowners were not allowed to return.

The National Association of Professional Insurance Agents (PIA) has joined a host of insurance trade groups asking the Senate to quickly change a health care law tax reporting provision scheduled to go into effect in 2012.

Majestic Insurance Co. is the newest member of the Trusted Choice consumer branding program for independent insurance agents and brokers, becoming the 56th company nationwide to join the program.

Charlotte, N.C.-based wholesale insurance broker AmWINS Group Inc. said its international division, Colemont Global Group, has acquired a majority share of Korea-based CMK Insurance Brokers Company Ltd.

Martin J. Sullivan, the former chief executive of American International Group, has joined insurance broker Willis Group Holdings as deputy chairman, the company announced today.