Agency Management

A public awareness campaign to educate risk managers about the evils of contingent commissions launched by Willis

Risk and Insurance Management Society President Terry Fleming urged RIMS members not to agree to pay contingent commissions to insurance brokers.

Captive insurers tend to be capitalized in excess of the statutory minimums regardless of where they are domiciled, according to a new report from Marsh insurance brokerage.

Some teens are so busy texting, they must think their cars have autopilots.

Willis Group Holdings, plc, reported first-quarter net income rose 6 percent over last year as the company captured new business and continued to control costs.

As debate continues on financial services reform legislation in the Senate, insurance industry representatives said they will work to eliminate regulatory provisions they consider too "bank-centric."