News

Westfield Group in Westfield, Ohio, announced that Ed Largent has been selected as chief administrative officer and Stuart Rosenberg as chief technology officer.

It's time for independent agencies that do an outstanding job selling insurance and providing risk management services for their clients to prepare their entries for NU's "Commercial Insurance Agency Of The Year" award program.

AIG last week revealed the institutions to which it paid some $120 billion in taxpayer bailout money to settle controversial derivatives trades, announcing it now sees use of such money should be public.

Risk Management Solutions, the Newark, Calif.-based catastrophe modeling firm, announced that Philippe Stephan has been appointed to the newly created post of chief technology officer.

Insurers seeking business with the tech-savvy Generation Y group should consider contacting this entrepreneurial segment at an early age about group and commercial insurance, according to a consulting firm.

A $400 million bond issue offering by Marsh & McLennan Companies Inc., the parent firm of Marsh insurance brokerage, has been rated "Baa2" (adequate).