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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.

E.U. working with consumer groups to pressure VW for compensation

By: Thomson Reuters

Published July 25, 2016 - 11:00am CST

(Reuters) — Europe's Commissioner for Justice is working with E.U. consumer groups to pressure Volkswagen A.G. to compensate clients in Europe as it has in the United States over the diesel emissions scandal.

Marsh appoints U.S., Canada president, shuffles execs

By: Rob Lenihan

Published July 22, 2016 - 11:47am CST

The broker says that Martin South will head its U.S. and Canada business division and that it would realign some international units.

The BI Top 10

Published July 22, 2016 - 9:28am CST

The Justice Department's move to block health insurer mergers, confirmed Thursday, is among Business Insurance's top 10 most read features.

JLT Re acquires Latin America broker's portfolio

By: Joyce Famakinwa

Published July 21, 2016 - 2:18pm CST

JLT Re, the reinsurance arm of Jardine Lloyd Thompson Group P.L.C., on Thursday said it has acquired the portfolio of Lima, Peru-based Olsa Re.

Broker expands casualty leadership team

By: Joyce Famakinwa

Published July 20, 2016 - 1:53pm CST

Beecher Carlson Insurance Services L.L.C. has named Atlanta-based Sharon Brainard to the newly created role of chief casualty innovation director.

Starbucks move furthers private health insurance exchanges

By: Jerry Geisel

Published July 19, 2016 - 4:48pm CST

The coffee chain plans to serve up health care coverage for its employees through an Aon Hewitt insurance exchange.

Brown & Brown reports revenue growth

By: Rob Lenihan

Published July 19, 2016 - 12:00pm CST

Brown & Brown Inc. reported second-quarter revenue of $446.5 million, up 6.5%, from the year-ago period, despite continued pressure on rates.

Tokio Marine Kiln launches online broker platform

By: Joyce Famakinwa

Published July 18, 2016 - 1:29pm CST

Tokio Marine Kiln on Monday said it has launched One TMK, a digital exchange for brokers to quote and bind policies online in real time with the specialty insurer.

Top 10 brokers

Published July 17, 2016 - 12:01am CST

These are the Top 10 insurance brokers in the 2016 rankings by Business Insurance.

Broker mergers keep rolling in during 2016 first half

By: Timothy J. Cunningham and Daniel P. Menzer

Published July 17, 2016 - 12:01am CST

Private equity-backed buyers again dominated the insurance brokerage merger and acquisition landscape during the first half of 2016, but their share declined slightly amid increased activity by privately held and bank-owned brokers.

Top insurance brokers: Willis Towers Watson P.L.C.

By: Rob Lenihan

Published July 17, 2016 - 12:01am CST

The transformative merger that created Willis Towers Watson P.L.C. is an ongoing project but, if executed successfully, should position the firm to better compete with its larger rivals.

Top insurance brokers: Wells Fargo Insurance Services USA Inc.

By: Shelby Livingston

Published July 17, 2016 - 12:01am CST

Wells Fargo Insurance Services USA Inc. increased its brokerage revenue in 2015 as it focused on cross-selling insurance and luring senior talent from competitors, while selling its crop insurance business to focus wholly on distribution.

Top insurance brokers: Marsh & McLennan Cos. Inc.

By: Mark A. Hofmann

Published July 17, 2016 - 12:01am CST

Marsh & McLennan Cos. Inc. enjoyed another profitable year in 2015 despite a challenging economy.

Top insurance brokers: Lockton Cos. L.L.C.

By: Judy Greenwald

Published July 17, 2016 - 12:01am CST

Lockton Cos. L.L.C. had a solid performance in 2015 and expects more of the same this year, as it stays the course as a private firm.

Top insurance brokers: Jardine Lloyd Thompson Group P.L.C.

By: Sarah Veysey

Published July 17, 2016 - 12:01am CST

Jardine Lloyd Thompson Group P.L.C. is looking to continue its U.S. brokerage expansion in specialty insurance and reinsurance, but it does face some headwinds in its efforts to hire talent to further that business.

Top insurance brokers: Hub International Ltd.

By: Stephanie Goldberg

Published July 17, 2016 - 12:01am CST

As one of the few privately held companies among the world's largest brokers, Hub International Ltd. remains one of the most acquisitive.

Top insurance brokers: Arthur J. Gallagher & Co.

By: Gavin Souter

Published July 17, 2016 - 12:01am CST

Gallagher's aggressive international expansion appears to be paying off as the brokerage reports another year of strong, acquisition-fueled growth.

Top insurance brokers: Brown & Brown Inc.

By: Rob Lenihan

Published July 17, 2016 - 12:01am CST

Brown & Brown boosted its brokerage business in 2015 despite the market's competitive environment and sees ongoing opportunity related to health care reform.

Cyber expertise in high demand as market for coverage grows

By: Judy Greenwald

Published July 17, 2016 - 12:01am CST

Clients' growing interest in cyber insurance has prompted brokers to increase their staffs, but employees with experience in the relatively new field are in short supply.

Top insurance brokers: BB&T Insurance Holdings Inc.

By: Mark A. Hofmann

Published July 17, 2016 - 12:01am CST

A change at the top followed by a major acquisition marked the start of 2016 for BB&T Insurance Holdings Inc.

Top insurance brokers: Aon P.L.C.

By: Judy Greenwald

Published July 17, 2016 - 12:01am CST

Aon faces challenges in growing in today's market, but the brokerage plans to address them by servicing its clients innovatively.

Brokers step up merger activity

By: Mark A. Hofmann

Published July 17, 2016 - 12:01am CST

Despite a still-soft commercial property/casualty insurance market, insurance brokers have performed fairly well over the past year or so. The record merger and acquisition activity, encompassing the blockbuster joining of Willis Group Holdings P.L.C. and Towers Watson & Co. as well as hundreds of smaller transactions, established larger entities that are better able to compete in the marketplace.

Big insights out of big data

By: Rob Lenihan

Published July 17, 2016 - 12:01am CST

Big data in the insurance industry, which is used to reveal patterns and trends, looks poised to grow even more.

Willis Towers Watson reveals revenue for business segments

By: Rob Lenihan

Published July 15, 2016 - 1:12pm CST

Benefits and human capital consulting are the largest segments of Willis Towers Watson's business, according to an SEC filing.

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