Insurance News from March 02, 2005
National News
MMC Downsizing Plan Includes Dropping ‘Unprofitable’ Marsh Accounts But Not Selling Putnam or Mercer
Giant insurance broker Marsh, battered by regulators, soft market prices and...
International & Reinsurance News
FM Global Sees Strong Numbers for 3rd Straight Year
Commercial and industrial property insurer FM Global has reported a third consecutive...
East News
N.Y. Bill Seeks Fiduciary Duty on Producers, Permits Profit Sharing with Disclosure
Assemblyman Ryan Scott Karben (D/I-Rockland), a majority member of the New York State...
West News
Calif. Commissioner Vows to Continue Fight Against ‘Use it and Lose it’ Abuses in Homeowner Industry
California Insurance Commissioner John Garamendi issued the following statement in...
Southeast News
14 Floridians Indicted for Federal Emergency Management Agency Fraud
A federal grand jury, sparked by a Fort Lauderdale Sun-Sentinel investigation into...
Texas / South Central News
Fink Joins Texas Mutual
Texas Mutual Insurance Company announced that Donna Fink is the new underwriting and...