Agency Management

Marsh & McLennan Companies Inc. in New York said former CIGNA Corp. chief executive H. Edward Hanway has been elected to its board of directors.

The public is invited to weigh in on windstorm mitigation credits at a Jan. 25 hearing.

The Independent Insurance Agents & Brokers of America said four chief executives from leading independent insurance agent carriers will join this year's CEO panel during the association's annual Legislative Conference & Convention.

Specialty insurance brokerage Alliant Insurance Services said it has acquired Almond Valley Insurance (AVI) Services Inc., a regional employee benefits firm based in Chico, Calif. Financial terms were not released.

Controversial compensation disclosure rules proposed by the New York State Insurance Department could still spark a lawsuit if that agency fails to make changes, an agent group said.

Medical costs per workers' compensation claim increased in Florida in 2005 and 2006, new study reveals.