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Marsh's insurance brokerage unit will be allowed to accept contingent commissions for its managing general agency business under an agreement reached with New York's attorney general and superintenden

Marsh & McLennan's new agreement with New York authorities allowing it to receive some contingent commissions for managing general agent activity should be a mild positive for the firm, according to a

Sam Sorich, president of the Association of California Insurance Companies, said the group hasn't decided whether or not to pursue an appeal to obtain a stay, and wondered whether pursuing such an app

Mr. Stander added, "We know tougher building codes save lives, reduce property damage, speed post-storm recovery, and protect property values. Moreover, the cost of building homes and commercial prop

WASHINGTON--In a case with potentially broad implications, insurance trade groups have joined in contesting the latest legal move by a group of workers seeking money for medical monitoring against pote

Ceded recoverables from alien reinsurers came in at $123.9 billion for a 16 percent rise from 2004. Total premiums ceded to affiliated alien reinsurers increased by 29 percent to $68.5 billion last ye