Insurance brokerage

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  DeWitt Stern Designs Super Bowl-Related Cancellation Policy for NY Metro Area

  By Chad Hemenway, PropertyCasualty360.com  |  May 15, 2013

  Insurance brokerage DeWitt Stern has come up with a way for businesses looking for a big payday from the 2014 Super Bowl to protect expected revenues.

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  N.Y. Labor Law for Construction Doubling Rates, Scaring Away Carriers

  By Bonnie Cavanaugh, PropertyCasulaty360.com  |  May 10, 2013

  Insurance rates in the state have risen steadily over the past five years, since the New York lawmakers enacted statutes to its Workers’ Compensation Law to give broader rights to injured construction employees.

• Willis Q1 Net Income Drops 4% on Reorganization Charge

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 1, 2013

  Willis Group Holdings reports first-quarter net income dropped 4 percent over the same period last year on a pre-tax charge of $46 million related to the company’s reorganization that eliminated 207 positions.

• BB&T Revenues Up 35% in Q1; WellsFargo Insurance Services Down 11%

  By Mark E. Ruquet, PropertyCasualty360.com  |  April 24, 2013

  Two major bank-owned insurance brokers reported mixed first-quarter results.

• Bank-owned Brokerages Report Mixed Q1 Results

  By Mark E. Ruquet, PropertyCasualty360  |  April 24, 2013

  Two bank-owned insurance brokers reported mixed first quarter results, with BB&T increasing revenues by 35 percent and Wells Fargo experiencing an 11 percent decline.

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  Uncertainty Surrounds Compensation for Boston Bomb Victims

  By Ben Berkowitz, Reuters  |  April 19, 2013

  Victims of the Boston Marathon bombings will eventually win some kind of compensation, but it is far too early to know how much money there will be, whether private donors or insurers will provide most of it, and how long it might take to distribute.

• Meet Our Risk Managers Advisory Board

  March 29, 2013

  They are some of the most experienced and respected risk-management professionals in the industry: The members of National Underwriter’s Risk Managers Advisory Board serve as a go-to, essential resource, allowing us to ensure we are delivering the most timely, accurate picture of the ever-evolving challenges faced by risk-mitigation professionals.

• Marsh: Modest Gains in Global P&C Pricing; Firm’s Net Income Up

  By Mark E. Ruquet, PropertyCasualty360  |  February 13, 2013

  Global P&C insurance-pricing trends have led to modest gains for Marsh clients—with the U.S. leading price increases of more than 2 percent, says an executive with the industry’s top insurance brokerage.

• Brokerage Business Drives 10% Increase in Aon's Q4 Net Income

  By Mark E. Ruquet, PropertyCasualty360  |  February 1, 2013

  London-headquartered insurance broker Aon plc. says fourth-quarter net income was up 10 percent, primarily due to the strength of its insurance-brokerage business, where revenues grew by 15 percent.

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  Designer Jeans, French Fries and Crazy Clowns: Job Training for Insurance

  By Therese Palmiotto  |  January 23, 2013

  Advanced degrees and professional designations are nice, but other on-the-job experiences prove priceless.

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  Producer Profiles: Meet Your Peers

  By Staff Writer  |  January 22, 2013

  Becoming an insurance agent can be a life-changing event for some, especially when the opportunity turns into a calling. The following six producers may have come into the business for different reasons, but they’re each staying in the industry for the same: to improve the lives of others.

• U.S. Supreme Court to Decide Whether Willis, Others Can Be Sued over Allen Stanford Ponzi Scheme

  By Terry Baynes, Reuters, Jonathan Stempel, Reuters  |  January 21, 2013

  The Supreme Court on Friday accepted appeals by law firms that once represented convicted swindler Allen Stanford and were trying to avoid lawsuits by victims seeking to recoup losses from his $7 billion Ponzi scheme. Insurance broker Willis Group Holdings was also sued over its alleged role in the fraud.

• New Hires and Promotions at Vertafore, Norman-Spencer, SPARTA, Sterling and More - Around the Industry

  By Staff Writer  |  December 18, 2012

  Interstate Restoration acquired InStar, AmWINS acquired Gresham & Associates. New programs from Allied World, Victor O. Schinnerer & Co., NIP Programs, Philadelphia, Euclid Specialty Managers and The Main Street America Group.

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  James to Leave Lockton

  By Mark E. Ruquet, PropertyCasualty360.com  |  December 13, 2012

  Julian James, a highly regarded figure within the insurance industry, is leaving his post at Lockton.

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  Willis' Joe Plumeri: The Farewell Interview (PC360 Exclusive)

  By Mark E. Ruquet, PropertyCasualty360.com  |  December 7, 2012

  It’s not retirement, says Joe Plumeri, the chief executive officer of Willis Group Holdings, but just another phase in his long career as he reflects on his 12 years in the insurance brokerage business.

• Hub International Tops November Broker Acquisitions with Four

  By Mark E. Ruquet, PropertyCasualty360.com  |  December 3, 2012

  Chicago-based HUB International topped the month of November with four publicly announced acquisitions, followed by Marsh & McLennan Agency with two.