Reinsurance broker Guy Carpenter will pay Connecticut $4.25 million to settle anti-trust allegations brought by the state’s attorney general, as both sides declared victory in a lawsuit going back to 2007.
Like the rest of the world, the insurance community is watching events unfold in Egypt and trying to anticipate the implications of this popular uprising.
Like the rest of the world, the insurance community is watching events unfold in Egypt and trying to anticipate the implications of this popular uprising.
Public-private partnership solutions can substantially ease the financial burden natural disasters put on government budgets as evidence mounts that the burden is growing beyond some nations’ abilities to pay, according to a report from Swiss Re.
The continuing soft market and compliance issues will remain front and center for buyers in 2011, not just in the United States, but globally, according to a series of reports issued by insurance broker Marsh.
As agents seek to leverage technology and social media, they should familiarize themselves with professional practices and potential exposures to protect themselves from errors and omissions claims.
The New York attorney general has withdrawn charges against two Marsh executives who recently won an appeal of their conviction on felony monopoly charges for accepting contingent commission kickbacks.