Late Friday, New York-based Marsh & McLennan Companies Inc. said Mr. Storms' departure was effective immediately and that a search for a successor is underway. In the interim Michael G. Cherkasky, pre

Late Friday, New York-based Marsh & McLennan Companies Inc. said Mr. Storms' departure was effective immediately and that a search for a successor is underway. In the interim Michael G. Cherkasky, pre

WASHINGTON--The Bush administration threatened today to veto legislation extending the Terrorism Risk Insurance Act in the form expected to pass the House tomorrow unless it is drastically scaled back

Florida's chief financial officer has written the governor and legislative leaders urging them to enact a transition measure if they plan to let the state's no-fault auto insurance law expire in two w

Carrier had been called on the carpet for linking homeowners to other

Reinsurers and primary carriers flush with cash after a few good years of strong earnings could be spending their money more wisely by beefing up their training programs and technology

Six years after the Sept. 11 terrorist attacks, it is vital that a long-term government terrorism risk insurance program be passed, according to the president of the Insurance Information Institute,

Applied Systems has announced what it says is the insurance industry's first download of claims data into an automated agency management system. In a pilot process begun in early August, Frankenmuth