Agency Management

NU Editor Sam Friedman won the Bronze Award for Editorial Excellence for his weekly column, given out by the American Society of Business Publication Editors. See www.NUSamSoapBox.com to review the winning entries about Hank Greenberg and Eliot Spitzer.

With its chief executive calling the current business climate the most difficult since the Great Depression, Arthur J. Gallagher (AJG) reported flat net income for the 2010 second quarter and another quarter of organic growth decline.

Willis Group Holdings reported a 2 percent increase in 2010 second quarter net income as it increased organic growth by 4 percent despite the headwinds of a soft market and continued challenges from the economic downturn.

The Multiple Peril Insurance Act could be back on the House agenda as early as this week, before Congress leaves for the August recess.

Aon is risking the wrath of risk managers and playing right into the hands of one of its biggest competitors by announcing plans to start taking contingent commissions once again, says NU Editor Sam Friedman on his blog at www.NUSamSoapBox.com.

Twenty-five members of the House have asked federal health regulators to ensure a role for licensed insurance agents in the web portal that will be used to aid consumers in comparing coverage options.