Willis Group Holdings Ltd. said today that it plans to change its place of incorporation from Bermuda to Ireland and re-domesticate there.

The U.S. Senate Finance Committee this week could add specific provisions curbing the cost of medical malpractice lawsuits when it acts on broader health reform legislation this week.

Companies sued for creating damage by contributing to global warming have a major defense available against such charges, according to an attorney at a legal session for policyholders.

Toronto-based Fairfax Financial Holdings Limited will be paying $1 billion to fully acquire Odyssey Re Holdings at a higher share price than originally announced.

Marsh & McLennan Companies said today that it has extended MMC President and Chief Executive Officer Brian Duperreault's $1 million a year base contract and bonus rate unchanged for an additional three years.

Moody's Investors Service, which had said last week it would not attend a hearing by insurance regulators concerning rating service failings, has changed its mind.

Standard & Poor's Equity Research said it had raised its opinion of American International Group shares to hold from sell, and company shares rose.

U.S. Rep. David Scott, D-Georgia, an advocate of multistate licensing for producers, was given the National Association of Mutual Insurance Companies' Federal Legislator of the Year Award.