Agency Management

The three biggest insurance brokerages reported mixed results for the first quarter, with Aon seeing a big drop in net income, Marsh & McLennan reporting a substantial gain, and Willis a more modest jump.

A soft market hasn't stopped excess and surplus lines industry veterans from building and launching businesses--and wholesale brokerages have been as active as carriers in the early part of 2010.

Signs of life may be returning to the residential construction industry, but the recession has left banks and developers suffering an unpleasant hangover.

Non-U.S. organizations vaulted up a premium ranking of writers of excess and surplus lines insurance in the United States in 2009, although industrywide U.S. E&S premiums shrank for the third straight year.

One grim reality faces Americans today in a way not felt for generations--there are simply not enough jobs to go around.

With Richmond, Va., continually growing as an excess and surplus lines insurance hub, the newest E&S carrier to set up shop there will distinguish itself with a "contrarian underwriting strategy," the company's chief executive says.