Commercial Lines

Even if an insured claims no owned autos, operating business entities still face auto liability exposures from non-owned and hired autos. As an agent, are you protecting your book?

The lackluster economy, loss of contingent commissions and business issues at certain offices conspired to reduce insurance broker Brown & Brown Inc.’s net income by 10 percent for the 2011 second quarter of this year.

The lackluster economy, loss of contingent commissions and business issues at certain offices conspired to reduce insurance broker Brown & Brown Inc.’s net income by 10 percent for the 2011 second quarter of this year.

Copper thieves have fueled a huge spike in claims for insurers of vacant and idle properties, but increased loss potential has not deterred competition in the residential and commercial property markets, experts say.

Underwriting and risk-engineering experts give tips for insuring and securing vacant property, and also provide the insurance and risk definitions of “vacant” and “idle” properties.

Underwriting and risk-engineering experts give tips for insuring and securing vacant property, and also provide the insurance and risk definitions of “vacant” and “idle” properties.

Moody’s says it expects Marsh & McLennan Cos. Inc. to remain the preeminent player in its primary business of insurance broking and consulting, as moves to improve business performance gain traction.

Marsh & McLennan Agency and Hub International say they have acquired employee benefits brokers Prescott Pailet Benefits and Workplace Benefits Solutions, respectively.