Agents & Brokers News

INSURANCE SCANDAL TOUCHES S.C.:

The unfolding scandal has claimed one victim in South Carolina, and there could be others, according to two area newspapers....

Marsh & McLennan Cos. Lowered

Standard & Poor’s Rating Services lowered its counterparty credit rating on Marsh & McLennan Cos. (MMC) to “BBB+/A-2” from “A+/A-1.”...

AON ENDS CONTINGENT COMMISSIONS:

Chicago-based brokerage giant Aon Corp. announced that it is eliminating its practice of accepting contingent commissions from underwriters. The move...