Aon noted that he has more than 30 years experience in the brokerage industry and said he will be responsible for designing and implementing owner and contractor controlled insurance programs and sure

Nationally, even though the commercial insurance market is viewed as going through one of its inevitable soft pricing cycles, the picture is entirely different when it comes to homeowners coverage,

The Zurich, Switzerland-based reinsurer said in its October performance report it had a $1.07 billion mark-to-market loss before taxes--stemming from its exposure to two credit default swaps written by

Where there may have been some qualification last year over the depth and speed of the softening market, there is virtually no dispute today about the direction insurance rates are going--DOWN!--with

A Pennsylvania appeals court has turned down an attempt by Gallagher Bassett risk management firm to vacate a jury award for more than $2 million in favor of a Catholic Diocese in a case involving a s

The cuts amount to 7 percent of the IT staff and one percent of the personal lines group nationally. This amounts to about one percent of the company's total workforce of more than 20,000. Most of the

The Zurich, Switzerland-based insurer reported net income rose $831 million from $3.33 billion last year to $4.16 billion. Earnings per share rose CHF (Swiss Franc) 6.22 to CHF 34.80 a share, which tr

By comparison, for medium-sized accounts with 51 to 500 employees, 44 percent saw rates increase 11- to 15 percent, while 5 percent experienced increases of 16- to 20 percent. Thirty-five percent expe