Agency Management

The co-founder and deputy chairman of Beazley Group, Andrew Beazley, died yesterday at the age of 57 after a long bout with cancer.

Experts in the energy field believe insurance market pricing will remain flat for the next 12 months despite early concerns that the Deepwater Horizon spill would drive prices higher.

Aon Corp. said it plans to eliminate more than 1,500 jobs as part of its restructuring plan with the merger of Hewitt Associates.

Larry Pentis, president and chief executive officer of GMAC Insurance, will be the keynote speaker at the Society of Insurance Research's 40th annual conference.

Reports that the Federal Deposit Insurance Corp. has given the green light to sue more than 50 directors and officers of failed banks has one broker wondering how much due diligence was done before deciding to sue.

Hurricane Paula is causing uncertainty among forecasters over the long term as the Category 2 hurricane is predicted to spend time over Cuba, but there are questions about its direction from there.