The Pennsylvania Department of Insurance has determined that a carrier's reduction of an insurance agency's compensation to zero is an act of termination and illegal under state law.

Willis Group Holdings Ltd. said its shareholders have approved changing parent company Willis Group's place of incorporation from Bermuda to Ireland.

Twenty percent of agents and brokers in a reader poll said they are considering using social networking for marketing, but less than 25 percent currently employ it, according to an exclusive American Agent & Broker survey.

Will insurers ever be able to project the positive image it has of itself to the public at large, wondered NU Associate Editor Mark Ruquet after attending an industry love fest honoring Joe Plumeri of Willis.