Kathleen Blomquist, a Justice Department spokeswoman, said there is an ongoing investigation of "anti-competitive practices in the municipal bond industry." She would not comment further. The SEC does

Under the terms of the arrangement, the broker said the repurchased shares are subject to a price adjustment based on the volume weighted average market price of Willis' common shares during the term

Never let the facts get in the way of a good speech is apparently the notion of Willis brokerage chief executive Joseph J. Plumeri, who has been giving talks citing a bogus letter purportedly written

A survey of insurance brokers has found rates for most of their clients' group medical benefit plans increased by more than 10 percent, but another study indicates there may be some relief in sight fo

Not enough attention is paid to risk exposure issues in merger and acquisition transactions involving insurers, sometimes leaving the purchaser with unexpected exposures, an insurance brokerage execut

Alfred Tobin, managing director of Aon's national property practice, said that a profitable 2006 for insurers could spell some relief for insureds on catastrophe risks, and another light hurricane sea

The days of cutting out unethical executives from a directors and officers policy after they are uncovered is gone, said an insurance brokerage executive, and buyers need to figure out how to deal wit

Title insurers have been under increasing scrutiny since investigations in several states have uncovered what officials said were entrenched systems where title companies used illegal incentives and i