Reinsurance broker Guy Carpenter will pay Connecticut $4.25 million to settle anti-trust allegations brought by the state’s attorney general, as both sides declared victory in a lawsuit going back to 2007.

A Florida couple arrested three years ago for similar offenses was again arrested for submitting $118,000 in fraudulent insurance claims.

Three independent insurance brokers announced acquisitions this week, expanding their books of business in diverse marketplaces.

A lack of market differentiators in the insurance realm makes it easier for individuals to switch companies without many material changes in service. Other than cost, customer service and fast processing are the prime differentiators that can make the difference between solid customer retention or an outpouring of customer attrition....