Agency Management

A recent publication from risk management and insurance intermediary Willis Group Holdings said securities class action filings in the United States between 2007 and 2009 were about 60 percent higher than in 2006.

Brokers in all regions of the U.S. agreed that the commercial property and casualty market remains competitive, particularly for new business, and that insurers are still willing

The National Association of Insurance Commissioners (NAIC) decided against moving to exempt agents' commissions from the medical loss ratio in the MLR blank it forwarded to the Department of Health and Human Services for final action.

Daytona Beach, Fla.-based brokerage Brown & Brown reported 2010 third-quarter net income of $44.2 million, an 8.1 percent increase over the 2009 third quarter.

Chicago-based insurance brokerage Hub International has acquired Englewood Cliffs, New Jersey-based brokerage Burnham + Company.

Ever heard of the Fujiwara effect? It's when two tropical cyclones come in such close proximity that they actually begin to orbit one another.