New Jersey Manufacturers Insurance Company said it will send out special dividend checks averaging more than $107 to its personal auto policyholders for the 16th year in a row.

A day after announcing the acquisition of a Texas agency through its Marsh & McLennan Agency subsidiary, Marsh & McLennan President and CEO Brian Duperreault said the brokerage could announce several more agencies by year end.

The health care reform bill passed by the House is a "trial lawyer's dream," and could have a "spillover effect" to the property and casualty industry, according to Insurance Information Institute (I.I.I.) President Robert P. Hartwig.

A plaintiff who is not entitled to medical payments after an auto accident cannot recover from an insurer because the reasons the claim was denied were not properly spelled out, a Florida appeals court ruled.