Marsh & McLennan Companies reported first-quarter net income rose 41 percent over the period last year as its business segments controlled costs and benefited from economic improvement.
Three major factors leading to home fires are cooking, candles and extension cords, according to an insurance company that has launched an interactive Web page to publicize those perils.
The Louisiana State Senate has passed a bill banning insurers from canceling homeowners and commercial property coverage because of Chinese drywall claims.
Legislation to fund the unwinding of failing companies that threaten the nation's financial system should not put assessments on insurers, three trade groups have written the Senate leadership.
The losses from the Deepwater Horizon drilling platform explosion are not expected to significantly impact the insurance marketplace or buying behaviors, a brokerage executive said.
Seven out of 10 merchants responding to a recent report indicated that today's economy was the same or better than it has been over the last 12 months.
Yesterday's article "Marsh & McLennan Agency Acquires Bostonian Group," incorrectly listed Insurance Alliance as Marsh & McLennan Agency's second acquisition. It was the fourth acquisition. Bostonian Group is MMA's fifth acquisition.
There are ways for brokers to maintain their books of business and keep growing even in a challenging economy, Eileen Frank, president of J.P. West, says in NU's latest video interview at www.property-casualty.com.