A report from the Consumer Federation of America critical of the homeowners-insurance marketplace raises some good points, but is based on erroneous data, says an industry consultant.

Standard & Poors Ratings Services revised its outlook for insurance broker USI Holdings Corp. from stable to positive while affirming the firms counterparty credit rating of B-.

Itasca, Ill.-based insurance broker Arthur J. Gallagher says it is expanding its excess and surplus lines business into Louisiana with the acquisition of First Premium Insurance Group, Inc.

Despite the challenges posed by a year of extraordinary catastrophes, Swiss Re says its 2011 net income increased by more than $1.7 billion thanks in part to a reserve release of $1.3 billion.

Baljit Dail, the co-chief executive officer of Aon Hewitt will be leaving the company for health reasons, insurance broker Aon said in a government filing.

Baljit Dail, the co-chief executive officer of Aon Hewitt will be leaving the company for health reasons, insurance broker Aon said in a government filing.

Bermuda-based OneBeacon Insurance Group, Ltd. says it completed the sale of its AutoOne business to Interboro Holdings, Inc.

Bermuda-based OneBeacon Insurance Group, Ltd. says it completed the sale of its AutoOne business to Interboro Holdings, Inc.