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Marsh & McLennan Companies reported first-quarter net income rose 41 percent over the period last year as its business segments controlled costs and benefited from economic improvement.
Three major factors leading to home fires are cooking, candles and extension cords, according to an insurance company that has launched an interactive Web page to publicize those perils.
Legislation to fund the unwinding of failing companies that threaten the nation's financial system should not put assessments on insurers, three trade groups have written the Senate leadership.
There are ways for brokers to maintain their books of business and keep growing even in a challenging economy, Eileen Frank, president of J.P. West, says in NU's latest video interview at www.property-casualty.com.
The Mexican earthquake in early April with effects in California created a loss for insurers estimated at more than $300 million, according to reinsurance broker Aon Benfield.
U.S. Senate Republicans believe that failure to increase federal oversight of large insurance companies is a major deficiency of financial services reform legislation.
The Louisiana State Senate has passed a bill banning insurers from canceling homeowners and commercial property coverage because of Chinese drywall claims.
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