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Bermuda-based specialty underwriter Hiscox said that due to its recent expansion in the United States it has reorganized its corporate structure, placing all U.S. operations under one manager.

Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. will pay a quarterly dividend of 32 cents per share on common stock, payable July 15 to shareholders of record as of June 30.

The American Association of Managing General Agents is gearing up for its annual meeting in Boca Raton, Fla., next month, drawing its members to the gathering with the promise of networking opportunities.

American International Group Chief Executive Officer Edward Liddy has been asked to testify before a House oversight committee May 6 on what caused the downfall of AIG.

N.Y. Insurance Superintendent Eric Dinallo has begun an inquiry into whether Allstate Corporation engaged in illegal participation in unregulated insurance markets, after the insurer's CEO wrote an opinion piece calling for federal regulation.

Homeowner health complaints related to Chinese drywall products point up a need for contractors to obtain enhanced insurance coverage, but such protection may not be available, according to a brokerage expert.

Over the years, I have spoken with literally hundreds, if not thousands of agency owners, and whenever I ask why someone would want to become their client, almost without exception they say they provided great service.

Catastrophe risks can expect to see double-digit insurance premium increases through the rest of this year as underwriting capacity dwindles and the hurricane season approaches, an executive from Marsh said.