Agency Management

Florida Insurance Consumer Advocate Sean Shaw calls on lawmakers to reject the "Consumer Choice" bill aimed at property insurance.

Willis North America, a unit of Willis Group Holdings, said it has named Alastair Swift chief placement officer. He will report to Don Bailey, chairman and chief executive officer of Willis North America (WNA), relocating from London to New York.

Insurance brokerage Lockton said it has acquired a significant holding in the South Korean insurance brokerage IMI, renaming it Lockton Companies (Korea) Inc., with options to purchase a bigger shareholding.

Two major insurance brokers said they will pay quarterly dividends to shareholders.

Marsh & McLennan Companies Inc. in New York said former CIGNA Corp. chief executive H. Edward Hanway has been elected to its board of directors.

What will the Democrats do on health care reform now that they've lost their 60-vote supermajority in the Senate? NU Editor Sam Friedman offers his take in his blog at www.NUSamSoapBox.com.