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With the backing of $500 million and a chief executive seasoned in the ways of mergers, Marsh & McLennan Agency LLC is preparing to line up acquisitions, which it sees as the fast-track way to grow
WASHINGTON--The Federal Reserve Board of New York has named three trustees, including Jill Considine, a former New York banking commissioner, to control the government's 79.9 percent share of American
The St. Paul, Minn.-based company said the gift will help build the four-acre memorial on the National Mall and provide support for Kids for King, an educational outreach program to schools
Mr. Mered joins Zurich from AIG where he held various senior positions during his long tenure with the company, from financial lines underwriting and running AIG's Egypt operations to holding a
Richard Kerr, CEO of Dallas-based MarketScout--which conducts the monthly "Market Barometer" survey--said the decline in insurance prices will be coming to a halt because rates have become inadequate
Ravello Solutions has announced the acquisition of KLJ Computer Solutions Claims Management Technology. The acquisition puts Ravello in a position to provide solutions for the entire insurance
American International Group's bailout by Washington does not prove the need for a national regulator, but if a federal charter is established by Congress it should not be optional and Uncle Sam
The property-casualty industry is entering an "invisible hard market" as exposures disappear in a contracting economy, which hides the bottom-line benefits of rising prices, Brian Duperreault, the
The entry deadline for the second annual National Underwriter "Agency Technology Achievement Award" program, run in partnership with the ACORD LOMA Insurance Systems Forum, has been extended until
Jonathan Legge, a managing director with Mercator Risk Services, said while it is too early to estimate a worst-case scenario in terms of total claim costs, the E&O reverberations will likely
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