Commercial Lines

Marsh & McLennan reports net income increased 19 percent in the second quarter, driven by new business and strong retention in its insurance brokerage arm.

There are two areas of the current ISO Business Income Worksheet that are potentially misleading, and which can lead to problems.

Jardine Lloyd Thompson says net income grew by 8 percent for the first half of the year despite challenges from the continued soft market.

A well-run insurance company does not need a hard market to make a profit, and companies that are anxious to see one are desperate for the income, the chief executive of Marsh & McLennan Cos. says.

5Star Professional Programs Insurer(s): Axis Specialty Insurance, Lloyd's and Darwin Select Insurance Co. E&O insurance offered for: Advertising…

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