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By Kevin Stipe |
May 21, 2012
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 industry’s history—only 16 deals short of the all-time record of 301 deals announced in 2008. If current trends hold, 2012 may set a...
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By Reuters |
April 24, 2012
Marsh & McLennan will take a minority stake in Juniperus Capital, which specializes in catastrophe bonds and other capital markets insurance products, Juniperus and its private equity backer Aquiline Capital Partners.
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By Mark E. Ruquet |
April 5, 2012
Robert S. Goldstein, former chairman and CEO of the managing general agency BenefitPort Mid-Atlantic, has come out of retirement to launch Unique Insurance Concepts LLC, a Palm Beach, Fla.-based holding company that aims to acquire surety agencies.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 30, 2012
A veteran of the insurance industry is coming out of retirement to launch a holding company that aims to acquire surety agencies because this is a prime opportunity for agents to sell their business.
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By Staff Writer |
March 26, 2012
National Alliance for Insurance Education & Research Elects Board Officers; The Main Street America Group Inducts 5 to 'Circle of Excellence'; Marsh & McLennan Acquires KSPH, HSB Introduces Freestyle Advantage Program
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By Mark E. Ruquet, PropertyCasualty360.com |
March 14, 2012
Close to four years after the New York Department of Insurance proposed its disclosure rule for producer compensation, a risk-management association and an independent-agents group remain at odds over the implications of Regulation 194, issuing dueling statements over its impact.
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By Mark E. Ruquet, PropertyCasualty360.com |
February 14, 2012
Professional services firm Marsh & McLennan Cos. reports 2011 fourth quarter net income increased 26 percent, as both its risk and insurance and consulting divisions reported positive growth.
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By Staff Writer |
January 17, 2012
Julio A. Portalatin was named president and chief executive officer of Mercer, Marsh & McLennan Cos.' human resource consulting subsidiary.
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By Mark E. Ruquet |
December 15, 2011
Property-and-casualty insurance brokers were given a continued “stable” outlook from Fitch Ratings, as revenue and earnings growth in 2012 is forecast to match or exceed
levels recorded during the first nine months of 2011.
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By Mark E. Ruquet, PropertyCasualty360.com |
December 9, 2011
Property and casualty insurance brokers received a continued stable outlook from Fitch Ratings, as revenue and earnings growth next year is expected to match or exceed levels for the first nine months of this year.
