Agency mergers-and-acquisitions activity has come roaring back after plummeting during the economic crisis of 2008-2009. In fact, 2011 was the second-most-active year for M&A in the insurance industrys historyonly 16 deals short of the all-time record of 301 deals announced in 2008. If current trends hold, 2012 may set a...
Risk managers seeking to keep Workers Compensation costs down would do well to utilize claims data and perform analyses that could help them avoid the most expensive claims.
Bank holding company insurance-brokerage-fee income rose more than 9 percent last year compared to 2010, reaching record levels of close to $8 billion, according to a recent report measuring bank-insurance activity.
Bank holding company insurance-brokerage-fee income rose more than 9 percent last year compared to 2010, reaching record levels of close to $8 billion, according to a recent report measuring bank-insurance activity.
Three subjects dominated discussions among executives and risk managers in Philadelphia at this years Risk and Insurance Management Society convention: pricing, Business Interruption and Cyber risk.
Marsh, a wholly owned subsidiary of Marsh & McLennan Cos., says it has acquired Cosmos Services (America) Inc., the U.S. insurance-brokerage subsidiary of global trading firm Itochu Corp.
Risk managers seeking to control the cost of workers compensation coverage can find an effective weapon by utilizing claims data and performing analyses that will help them deal with the most expensive claims.
A federal appeals court reinstated a securities lawsuit involving the Ponzi scheme of R. Allen Stanford that names Willis Group Holdings as a defendant in the multi-billion-dollar fraud.
The Financial Services Roundtable wants the Treasury Department to use the Federal Insurance Office to coordinate all federal-agency activities regarding insurance in order to ensure that onerous and duplicative federal intervention in the insurance business does not occur.