Agent & Broker

Kathleen Blomquist, a Justice Department spokeswoman, said there is an ongoing investigation of "anti-competitive practices in the municipal bond industry." She would not comment further. The SEC does

Aon Corp. has named Baljit "Bal" Dail as its global chief information officer. In this role, Mr. Dail will have direct responsibility for all information technology functions across Aon, the Chicago-b

Under the terms of the arrangement, the broker said the repurchased shares are subject to a price adjustment based on the volume weighted average market price of Willis' common shares during the term

Richard J. Decker, president of AIG Global Marine, was elected chairman of the American Institute of Marine Underwriters (AIMU) at its annual meeting in New York. He becomes the 48th chairman since AI

The Fairfield, Ohio-based insurer reported net income was virtually flat at $55 million in the quarter, with net income per share rising four cents to 89 cents a share. Revenues were down $17 million,

American International Group will pay a quarterly cash dividend of 16.5 cents a share on March 16, 2007 to shareholders of record as of March ...

A survey of insurance brokers has found rates for most of their clients' group medical benefit plans increased by more than 10 percent, but another study indicates there may be some relief in sight fo

Not enough attention is paid to risk exposure issues in merger and acquisition transactions involving insurers, sometimes leaving the purchaser with unexpected exposures, an insurance brokerage execut