BB&T Corp. said its insurance operations produced record quarterly revenues despite the impact of the soft market.

After several years of doing without contingent commissions, insurance broker Aon said it plans to begin accepting the bonus payments from carriers once again, drawing fire from risk managers and one of its chief competitors.

Recent concerns over public entities' credit quality is not expected to materially impact U.S. property and casualty insurers' capital position, despite the insurers' heavy investments in municipal bonds, Fitch said.

Insurance broker Marsh, a subsidiary of Marsh & McLennan Companies, said its specialist international placement broker Bowring Marsh has opened an office in Asia--the company's ninth office.