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The subject line on the analyst’s note from David Small at Bear Stearns said it all, “Christmas comes early for MMC shareholders,” following the announcement today that Mike Cherkasky, the embattled president and CEO of Marsh & McLennan Companies, is on his way out the door–a move I suggested was inevitable in my blog back on Dec. 10.Recommended Stories
Congress working to avert rail strike & further supply chain snarls
Should railroad workers strike, insurers would quickly face inflationary pressures from the supply chain slowdown.
Pa. justices eye whether deleting vehicle from insurance is a 'purchase' in UIM stacking
“In order to hold in the manner in which you’re arguing we would have to read 'purchase' to mean any change in coverage," said Justice Christine Donohue, who sits on the Pennsylvania Supreme Court bench.
HUD to allow private flood insurance for FHA-insured mortgages
Previously, only NFIP insurance was allowed for FHA-insured mortgages, which limited consumers’ options, HUD reported.
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eBook
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Innovations for Efficiency: How Insurance Companies Can Work Smarter, Not Harder
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Basics of Unstructured Data: How It Can Transform Insurance Claim Management
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White Paper
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Facilitate Faster Time to Close with Accelerated FNOL Operations
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