Marsh & McLennan Companies Inc. today announced it has reached a settlement in the securities class action lawsuit filed in 2004 in the U.S. District Court for the Southern District of New York.

A plaintiff who is not entitled to medical payments after an auto accident cannot recover from an insurer because the reasons the claim was denied were not properly spelled out, a Florida appeals court ruled.

SCOR said today it has been informed of arbitration results regarding the World Trade Center indemnification dispute between Allianz and SCOR--in that Allianz had not exceeded its rights and obligations.

Homeowners Choice, Inc., the Clearwater-based insurance holding company, reports that net income for the third quarter.

Surety bond insurers are up in arms over a provision in the House health care reform legislation that waives a bond requirement for most pharmacies that provide durable equipment to Medicare beneficiaries.

Final training in a job placement program and a graduation ceremony will be held next week for 25 disabled veterans participating in an "Aon Salute to America's Wounded Warriors," event, the brokerage announced.

Marsh & McLennan Agency LLC, a subsidiary of insurance broker Marsh Inc.,announced the first of a series of planned strategic acquisitions in its plan to build a national business.

Western National Insurance Group, a Minneapolis-based super regional insurer has announced plans to acquire Monee, Ill.-based Titan Property and Casualty Insurance Company. No financial details were disclosed.