New York-based MMC is the parent company of insurance broker Marsh. MMC last year was required to create a compliance committee from its board of directors as part of a settlement amending Marsh busin

Representatives from both insurance brokerages in New York said they would not comment on the Sunday Times of London story that representatives from Willis were prepared to make a cash-and-shares

The Washington, D.C.-based Council of Insurance Agents & Brokers released its third-quarter market survey of its member brokers yesterday. The survey indicates that generally the market continues its

The National Association of Professional Insurance Agents' new president said she intends to work at raising the independent agent's profile and improving an industry reputation damaged by business pr

The damage figures are beginning to roll in from Sunday's earthquake that struck Hawaii and its edging into the hundred of millions, but insurance carriers do not know yet what the insured losses will

Using words such as "competitive" and "stable," executives from Marsh, the insurance brokerage arm of New York-based Marsh & McLennan Companies, discussed the status of the current market and offered

The annual study released by insurance broker Marsh said the cost of risk stood at $2.68 for every $1,000 of revenue. This was a modest increase of 4 percent over 2004, where the cost of risk stood at

The report, released by the London office of Chicago-based Aon insurance brokerage, surveyed 140 property-casualty insurers and 104 insurance buyers from a cross section of industries during July, 200