retail brokerage

• At Captive Insurance Companies, the Role of the Independent Director Is Growing

  By Andrew J. Barile  |  May 3, 2012

  The current climate is gravitating toward pushing captives—including single-parent captives, association captives and agent-owned captives—to appointing experienced, independent directors to their boards.

• Aon Fourth-Quarter Net Income Up 20%; AJG Emphasizes Organic Growth

  By Mark E. Ruquet  |  February 9, 2012

  Arthur J. Gallagher (AJG) kicked off the fourth-quarter earnings report season for insurance brokers by saying that its net profit dropped 18 percent, primarily due to increased expenses. But the Itasca, Ill.-based insurance-brokerage firm says earnings are on the rise.

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  Aon 4Q Net Income Up 20%

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

  Chicago-based insurance broker Aon Corp. says 2011 fourth-quarter net income increased 20 percent as pricing in the insurance marketplace showed signs of stabilization.

• Hub Acquires Morcos Insurance; AJG Buys Worksite Communications

  By Staff Writer  |  December 2, 2011

  Two major insurance brokers announced acquisitions today, with Hub International Ltd. acquiring an Illinois-based insurance broker and Arthur J. Gallagher acquiring an employee benefits communication and enrollment firm in Florida.

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  TMPAA Study Shows Program Business Booming, Defying P-C Market Woes

  By Laura Mazzuca Toops, PropertyCasualty360.com  |  November 2, 2011

  In defiance of current property-casualty market woes, the growth and potential in the program business niche make it a "growing and vibrant" field.

• Brokerages Report 2Q Income Growth

  By Mark E. Ruquet, PropertyCasualty360.com  |  August 4, 2011

  While carriers’ second-quarter results largely declined due to catastrophe losses, three brokerages recently reported growth during the quarter, led by Aon Corp.’s 69 percent increase in net income.

• Aon’s 2Q Net Income Jumps 69%

  By Mark E. Ruquet, PropertyCasualty360.com  |  July 29, 2011

  Aon says net income increased 69 percent due to new business and the integration of Hewitt into its consulting business.

• Former N.Y. Supt. Dinallo Joins Debevoise

  By Staff Writer  |  December 6, 2010

  New York State's former Superintendent of Insurance, Eric R. Dinallo, has joined the law firm of Debevoise & Plimpton, the firm announced today.

• Krauze To Replace Bailey As Willis NA Chairman, CEO

  By Staff Writer  |  November 23, 2010

  Vic Krauze has been appointed chairman and CEO of Willis North America, succeeding Don Bailey, who will leave the company in December to work for a U.S. personal lines carrier.

• Aon Reports Net Income Rose 20%

  By Mark E. Ruquet, PropertyCasualty360.com  |  October 29, 2010

  Aon Corp. reported third quarter net income increased 20 percent over the previous year with the the help of acquisitions.