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Quiet quarter boosts Crawford profits

By: Gloria Gonzalez

Published August 09, 2016 - 8:54am CST

Crawford & Co.'s profits more than doubled in the second quarter of 2016 despite a revenue drop led by volume declines in major cases and foreign exchange headwinds.

AIG sells majority stake in managing general agent

By: Joyce Famakinwa

Published August 08, 2016 - 12:07pm CST

The insurer has agreed to sell a controlling stake in NSM Insurance Group to private equity investment firm, ABRY Partners.

Cyber extortion risks increase as threats grow more sophisticated

By: Douglas McLeod

Published August 07, 2016 - 12:01am CST

Cyber extortion is a growing threat across industries, and particularly health care organizations, as criminals cast their nets wider using increasingly sophisticated malicious code.

Willis Towers Watson revenue up 7.6% in second quarter

By: Rob Lenihan

Published August 05, 2016 - 2:24pm CST

Willis Towers Watson P.L.C. said Friday that its second-quarter revenue rose 7.6% to $1.95 billion, its second earnings report since its $18 billion January merger of Willis Group Holdings P.L.C. and Towers Watson & Co.

Poaching spat between regional brokers dismissed

By: Judy Greenwald

Published August 04, 2016 - 4:23pm CST

"Competitive infighting, though sometimes unattractive, is not per se unlawful," a federal appeals court ruled.

Broker acquires wholesaler with marine expertise

By: Joyce Famakinwa

Published August 04, 2016 - 2:34pm CST

U.S. Risk L.L.C. has acquired Lodi, California-based Continental Risk Insurance Services.

D&O rates decline amid high capacity, retention rates

By: Judy Greenwald

Published August 04, 2016 - 1:47pm CST

Directors and officers liability pricing for publicly held clients decreased 9.8% in the second quarter, Aon Risk Solutions says.

Organic growth slows for agents, brokers in second quarter

By: Judy Greenwald

Published August 04, 2016 - 12:54pm CST

Agent-broker organic revenue growth fell to the lowest level since the second quarter of 2011, a survey shows.

Marsh offers access to pre-approved legal panel

By: Joyce Famakinwa

Published August 04, 2016 - 10:19am CST

Marsh L.L.C. on Thursday said it has launched an endorsement that makes it easier for asset managers to access legal counsel.

Managing general agency buys natural resources wholesaler

By: Joyce Famakinwa

Published August 03, 2016 - 2:47pm CST

Totten Insurance Group said Wednesday it has acquired the shares of Canadian Resources Insurance Solutions Inc.

Hub International names Midwest execs

By: Joyce Famakinwa

Published August 03, 2016 - 2:13pm CST

Hub International Ltd. on Tuesday said it has appointed executives to lead the national staffing and specialty practices for its Midwest region.

Gallagher expands in South and West with acquisitions

By: Joyce Famakinwa

Published August 02, 2016 - 11:46am CST

Arthur J. Gallagher & Co. has expanded in the U.S. South and West with a pair of acquisitions.

Gallagher picks up benefits consultant and broker

By: Rob Lenihan

Published August 01, 2016 - 1:48pm CST

Arthur J. Gallagher & Co. said Monday that it has acquired employee benefits consultant and broker Orb Financial Services Ltd. in Surrey, England.

UP CLOSE: Mark R. Shumway

Published July 31, 2016 - 12:01am CST

PHILADELPHIA-BASED GLOBAL HEAD OF STRATEGIC ADVISORY

Q&A: Francie Starnes, Worldwide Broker Network

By: Judy Greenwald

Published July 31, 2016 - 12:01am CST

Francie Starnes, who was named chief executive of San Mateo, California-based Worldwide Broker Network on Aug. 1, joined WBN as president and chief operating officer in July 2015 after a 23-year career at American International Group Inc. Members of the international network of independent insurance brokers and employee benefits consultants generate an estimated $50 billion in property/casualty...

Organic growth aids Arthur J. Gallagher’s 4.1% rise in quarterly revenue

By: Rob Lenihan

Published July 29, 2016 - 12:25pm CST

Despite a challenging quarter for its risk management segment, Arthur J. Gallagher & Co. said Friday that organic, merger-related and productivity growth helped boost its second-quarter revenue 4.1% to $1.43 billion.

Aon posts lackluster second quarter results

By: Mark A. Hofmann

Published July 29, 2016 - 11:21am CST

Aon P.L.C.'s revenues for the second quarter of this year dropped 1.4% from those of the same period a year earlier to $2.77 billion, Aon announced Friday.

The BI Top 10

Published July 29, 2016 - 12:01am CST

Executive moves at Marsh L.L.C. and pregnancy bias claims against Brown & Brown are among Business Insurance's 10 most read features.

JLT Re snags Marsh exec to business development role

By: Joyce Famakinwa

Published July 28, 2016 - 12:31pm CST

Jardine Lloyd Thompson's reinsurance arm has named Pete Chandler executive vice president and managing broker.

Marsh & McLennan posts higher revenue, profit

By: Mark A. Hofmann

Published July 28, 2016 - 12:25pm CST

Marsh & McLennan Cos. Inc. posted $3.38 billion in revenue in the second quarter of this year, a 4.7% increase from that of the same period a year earlier, Marsh & McLennan announced Thursday.

Reinsurance broker expands cyber team

By: Joyce Famakinwa

Published July 27, 2016 - 1:42pm CST

Capsicum Reinsurance Brokers L.L.P. on Wednesday said it has made additions to its cyber team.

Gallagher acquires excess and surplus lines broker

By: Joyce Famakinwa

Published July 27, 2016 - 1:05pm CST

The broker has acquired Gabor Insurance Services, including its American Professional Liability Underwriters subsidiary.

Risk and insurance segment boosts Jardine Lloyd Thompson revenue

By: Gloria Gonzalez

Published July 26, 2016 - 2:53pm CST

Jardine Lloyd Thompson Group P.L.C. on Tuesday said it saw revenue grow 4.7% in the first half of 2016 to 619.4 million ($811.8 million) compared with the first half of 2015.

EEOC sues Brown & Brown for pregnancy discrimination

By: Judy Greenwald

Published July 26, 2016 - 1:34pm CST

The broker allegedly rescinded an applicant's job offer after learning she was pregnant, the EEOC says.

Women insurers see inroads on gender equality

By: Mark A. Hofmann

Published July 25, 2016 - 3:17pm CST

In a survey conducted in conjunction with the Insurance Industry Charitable Foundation’s 2016 Women in Insurance Conference Series last month, more than four out of five women say the industry is making progress toward gender equality.

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