News

Acordia Keeping Contingent FeesBucking a trend among the largest insurance brokerage firms, Acordia said it intends to continue accepting contingent commissions despite being sued ...

New law designed to speed up payments, stabilize market, ease confusionFlorida Gov. Jeb Bush last week signed into law legislation designed to clarify windstorm ...

AFL-CIO blasts workers' comp research group as tool of insurance industryBy Daniel HaysThe head of the nationally recognized Workers' Compensation Research Institute and a ...

Insurers blast newest version for failing to provide exclusive claims remedyWashingtonDespite a strong vote by the U.S. Senate Judiciary Committee to release an asbestos ...

A second employee fired, a third suspended after internal investigationBy Mark E. RuquetThe president of Hilb, Rogal & Hobbs Company has resigned after the ...

Five-year combined profit cut by $3.9 billion; $850 million A&E charge announcedBy michael haAmerican International Group Inc., the insurance giant besieged by allegations of ...

West Virginia Attorney General Darrell McGraw has sued insurance broker Acordia, charging the intermediary received millions of dollars in "hidden" contingent commissions in return ...

Berkshire Hathaway announced that its subsidiary, General Re Corp., terminated the consulting services of Ronald E. Ferguson, its former chief executive officer, after he ...