News

The Multiple Peril Insurance Act could be back on the House agenda as early as this week, before Congress leaves for the August recess.

Aon is risking the wrath of risk managers and playing right into the hands of one of its biggest competitors by announcing plans to start taking contingent commissions once again, says NU Editor Sam Friedman on his blog at www.NUSamSoapBox.com.

Twenty-five members of the House have asked federal health regulators to ensure a role for licensed insurance agents in the web portal that will be used to aid consumers in comparing coverage options.

W.R. Berkley Corp. experienced its first growth in overall premiums in 15 quarters due to growth in companies Berkley has started since 2006.

The pace of federal securities class action filings was slower in the 2010 first half than in 2009, with filings on track to decline for a second consecutive year, an economic consulting firm said.

Hamilton, Bermuda-based insurance and reinsurance company Arch Capital Group Ltd. reported second-quarter net income rose 54 percent as overall catastrophe losses were light.