Agency Management

A report that Florida's catastrophe funds have over $2 trillion in loss exposure will be clarified in the future, according to officials from the state's insurance department.

The Independent Insurance Agents & Brokers of New Jersey said it is looking for volunteers for this year's Trusted Choice Big "I" National Golf Championship.

New York Supreme Court Judge James A. Yates has thrown out the convictions of two former executives of Marsh after their 2008 conviction on felony monopoly charges for accepting contingent commission kickbacks.

Brown & Brown said it has acquired Meridian Group of New York Inc. and Eberhart & Company Insurors Inc. of Roswell, Ga. Financial terms of the transactions were not released.

The property insurance take-up rate for terrorism coverage continues to rise, with 61 percent of companies surveyed by Marsh--a record high--buying the additional protection against catastrophic risk.

Reader response to my June 14/21 column about the latest brouhaha over disclosure of producer compensation ("Don't Ask, Don't Tell?") was fast and furious.