Brian Duperreault, Marsh and McLennan Inc.'s chief executive, said the company is no longer in survival mode and that he expects it to continue to grow through acquisition now.

The chief executives of four major insurance brokerage firms roundly disputed criticism that contingent commissions are an inherent conflict of interest because total disclosure eliminates the issue.

Property and casualty insurance rates won't begin to significantly firm up before 2011, according to the most recent industry forecast from Conning Research & Consulting...

The U.S. property and casualty industry was a lot more profitable last year despite a shrinking pie of insurable exposures and a persistently soft commercial market...

A combination of new business and high retentions contributed to an 11 percent increase in net income for Itasca, Ill.-based insurance broker Arthur J. Gallagher.

The firm owning the drilling rig that sank in the Gulf of Mexico could be liable for millions of dollars depending on its leasing agreement with BP, a lawyer familiar with oil and gas litigation said.

Although none of its clients were harmed financially, Acordia insurance brokerage should pay a penalty for failing to tell them it had a special compensation arrangement with certain carriers, a judge has ruled.

The return on catastrophe bonds increased 11 percentage points over the last twelve months with North America Wind bonds leading the pack, according to a report from Aon Benfield Securities.