A New York insurance agents group said a meeting with state legislators has drawn a positive response to their call for repeal of auto photo inspections.

During its stockholders meeting today, Marsh & McLennan Companies announced it would pay a quarterly cash dividend, and shareholders rejected three proposals from individual shareholders.

Magazine publisher and former Republican presidential candidate Steve Forbes told an industry conference here that insurers should choose who will regulate them.

Wholesale brokers are in a prime position to grab new business when a revived economy begins producing start-up companies that standard line carriers won't insure, a trade group leader advised here.

A survey of U.S. fire departments finds they lack adequate training gear and funding, which impacts insurers, the chairman of Fireman's Fund is warning.

American International Group said it has enough money on hand to pay its obligations, complete its reorganization and repay its loans for at least the next 12 months.

Producers at the educational session of this year's annual meeting of managing general agents were advised on bottom line improvements including captive creation and better internal communication.

The best and brightest insurance agency technology leaders are usually those who make a long-term commitment of money and brainpower, and constantly upgrade their capabilities to keep ahead of the competition.