New York-based Marsh & McLennan Companies Inc., the parent company of insurance broker Marsh and reinsurance broker Guy Carpenter, said it would pay a quarterly dividend of 20 cents per share on

WASHINGTON--Despite claims to the contrary, federal reinsurance of terrorism risk is not working because the government program has crowded out private coverage at the highest tiers, according to a

PCS, a unit of Jersey City, N.J.-based Insurance Services Office, in December 2008 released an updated estimate for insured property damage in all Ike-hit states of $10.655 billion. Swiss Re

WASHINGTON--Two members of the House Financial Services Committee will ask the Obama administration's new Treasury secretary to unilaterally create an Office of Insurance Information within that