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Joe Plumeri, chairman and CEO of Willis, told insurance executives that the new U.K. government must address the struggling economy to spur growth in the British insurance industry and called on the EU to resolve pending regulatory issues.

Fairfax Financial Holdings Limited has completed its acquisition of Zenith National Insurance Corp. for $38 per share in cash, the company announced.

Marsh & McLennan Companies' chief executive indicated there are no plans to break up the company--emphasizing it is more powerful together than apart--but he said nothing to damper press speculation about the sale of Kroll.

With forecasters predicting 15 named storms forming in the Atlantic basin between June 1 and Nov. 30, the Institute for Business and Home Safety (IBHS) has listed its top four myths in preparing structures for hurricanes.

More than 140 insurance and technology professionals attended the 2010 Duck Creek Insurance Forum, which was held earlier this month near Charleston, S.C.

The Insurance Council of New Jersey (ICNJ) has named Deana Lykins president.

Since 2001, the Centers for Medicare and Medicaid Services has been publishing policy memorandums explaining the details of Medicare compliance when settling future medical benefits in a liability, self-insured, no-fault, and workers' comp scenario.

Auto insurer Progressive reported April net income slipped four percent as its combined ratio climbed 1.5 points.