A federal judge has rejected a former Aon executive's claim that he was entitled to pension benefits that the firm denied him for violating a non-compete agreement.

Energy insurance sector prices are being driven down and carrier competition is increasing, the result of record capacity and low losses, a brokerage is reporting.

Maurice Greenberg's Starr International will sell 10 million shares in American International Group, relinquishing the bulk of its common stock holdings in a deal with UBS Securities LLC worth more than $278 million, the firm reported.

Chilean earthquake insurance claims from the energy industry should not exceed $350 million, according to an energy claims specialist with Marsh insurance brokerage.

The beginning of the 34th National Conference of the AMS Users Group in Nashville this month could mark the beginning of the end of a very challenging year for the association.

A U.S. District Court judge has ordered Aon and Marsh insurance brokerages to negotiate a settlement for a lawsuit that alleges three former employees of Aon stole trade secrets and clients from their former employer when they joined Marsh.

Progressive Corp. reported net income for February dropped 22 percent despite a 3 percent increase in net premiums earned.

Marsh & McLennan Agency LLC announced it has acquired Thomas Rutherfoord Inc. Financial terms were not released.