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Willis Works Out Ownership Deal with France's Gras Savoye
Willis Group Holdings Ltd. said it and the original family shareholders of French insurance broker Gras Savoye & Cie. have signed an agreement with As
Date: 11/19/2009     Source: Bestwire

Marsh Mourns Death of Board Member David Olsen
David A. Olsen, a board member of insurance broker Marsh & McLennan, died on Nov. 14 at the age of 71. Olsen joined MMC when Marsh and Johnso
Date: 11/18/2009     Source: Bestwire

Tower Closes on Specialty Underwriters' Alliance Acquisition
Tower Group Inc. said it has closed on the acquisition of Specialty Underwriters' Alliance Inc. in a move Tower said will bolster its specialty busine
Date: 11/16/2009     Source: Bestwire

Key Brokers Support Lloyd's Exchange Service
Insurance brokers Aon Corp., Marsh Inc. and Willis Group said they are supporting the latest push by Lloyd's to modernize its insurance market. Accord
Date: 11/16/2009     Source: Bestwire

Finite's Fallout: New Disclosures, Fewer Takers
The use of finite reinsurance, the product that launched many headline-grabbing civil and criminal investigations into insurance companies a few years
Date: 11/16/2009     Source: Bestwire

Marsh to Pay $435 Million to Settle Two Class-Action Lawsuits
Insurance broker Marsh & McLennan Cos. Inc. said it would pay $435 million to settle two class-action lawsuits dating back to 2004. The lawsuits were
Date: 11/13/2009     Source: Bestwire

Phoenix Shrinks Board to Reflect a Smaller Company, Slashes Expenses
Phoenix Cos. Inc. has reduced the size of its board of directors to reflect the smaller size of the company and as a way to slash expenses. T
Date: 11/13/2009     Source: Bestwire

Marsh & McLennan Agency Makes First Acquisition; CEO Says More Will Come
Marsh & McLennan Agency, formed in October 2008 by insurance broker Marsh Inc. to compete for the business of small to midsize companies, has made its
Date: 11/12/2009     Source: Bestwire

Live From the C-Suite: Mutual Taps YouTube to Access Agents
It's not every day that an independent agent gets the message straight from an insurance carrier's chief executive officer. Then again, YouTu
Date: 11/11/2009     Source: Bestwire

Aon Benfield: Lloyd's Capital Strengthened in First Half
As a result of an improved investment environment and the arrival of new capacity, Lloyd's capital position strengthened "significantly" in the first
Date: 11/11/2009     Source: Bestwire