While public health officials are urging masks in Los Angeles, New York City and other areas, employers across the U.S. might encourage employees to stay home if they are not feeling well and are symptomatic, recommend experts.
Marsh & McLennan Cos. reported strong second-quarter earnings, with net income increasing 18 percent backed by growth in its risk & insurance and consulting services segments.
P&C insurance premiums continue to exhibit increases as high as 10 percent on some risks, as reinsurance rate-softening on property risks will not pass through to the rest of the market immediately, says the CEO of insurance broker Brown & Brown.
The largest brokerage acquisition so far this year does not signal a change in merger and acquisition strategy for insurance broker Brown & Brown, says its CEO, but an industry consultant says it could set the tone for future private equity firm deals.