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Bond insurer Financial Guaranty Insurance Company, partly owned by private-equity power Blackstone Group, asked New York's regulator for approval to divide into two firms after Moody's Investors Servi

Surplus lines brokers and insurers, who will meet to discuss issues in the crosshairs of their market segment this month, will also have an opportunity to attend educational sessions about broader

The Roseland, N.J.-based company said Mr. Jennings was president of Tri-City Insurance Brokers, formerly part of BISYS, and was a key member of the senior leadership team of the recently merged commer

Certainly 2005 qualifies, since the crusade by Eliot Spitzer--then New York's attorney general, and now its governor--to expose bid-rigging and contingency fee abuse by major brokerages and their

San Francisco-based Genstar Capital, LLC, a middle-market private equity firm, said it has partnered with other insurance executives and Cypress, Calif.-based insurance brokerage firm Westline Corpora

One challenge facing the new chief executive of Marsh, Daniel Glaser, will be calls for a breakup of his corporate parent, Marsh & McLennan Companies, to maximize shareholder value and protect the

A Canadian private-equity firm is calling for the breakup of Marsh & McLennan Companies, saying that separating the consulting and risk management units from the insurance brokerage would maximize sha

A Canadian private-equity firm is calling for the breakup of Marsh & McLennan Companies, saying that separating the consulting and risk management units from the insurance brokerage would maximize sha