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Insurance broker Aon says the cost of a restructuring plan put in place when it bought Hewitt Assoc. in 2010 is $86 million higher than its initial estimate and the company is eliminating 1,100 more jobs than its initial estimate.

Aon says second quarter net income was down 1 percent compared to the prior years results despite a 3 percent increase in revenue as it continues to absorb restructuring costs.

The Wards 50 added six new P&C companies to its list of top performers as the group once again substantially out classed the total industry in return on equity and other metrics.

Lockton Companies has joined other major insurance brokers responding to changes brought on by the Patient Protection and Affordable Care Act by adding a private insurance exchange to its employee benefits division.

Agency and brokerage mergers & acquisitions have been on a steady upward climb since 2000, except for a blip in 2009 and 2010 due to the collapse of the economy. Those 2 down years were followed by a near blockbuster year in 2011, and the most active year since 2000...

Recently I had the pleasure of speaking at the third annual WorkComp Advisory Groups Knowledge and Networking event. (The organization works with independent agencies to develop sales strategies, centered on but not exclusively targeted to Workers Comp.)

Using private health insurance exchange administration as the enticement, big brokers could soon be buying their way into your clients' offices.

More than half of 2,000 U.S. employers responding to a recent survey are providing incentives to employees who participate in health improvement and wellness programs.