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Willis Group will not accept new supplemental commission programs from insurers if the payments are in reality just old-fashioned contingency fees in another format, the brokerage's top executive
CCC Information Services, a supplier of technology for the auto-claims industry, and AutoTrader.com announced an agreement that strengthens CCC's ability to provide fast and accurate local market
Meanwhile, there is federal legislation in the House and Senate (see accompanying story) that would complement the proposed compact by allowing the broker to pay the premium to the home state of the
Noting that the lack of capacity for catastrophe risk resembles the market for terrorism coverage after the Sept. 11 attacks, House Financial Services Committee Chairman Barney Frank, D-Mass.,
Life might have turned out quite differently for Sen. Trent Lott and the insurance industry had the Mississippi Republican--who lost his house in Hurricane Katrina--gotten his coverage through an
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