Operations News

People & Places

Robin Stough Robin Stough announced the formation of R.A. Stough LLC, Pacific Wholesale Insurance of Texas. The new venture is...

Industry in the Bull’s Eye

In the days after New York Attorney General Eliot Spitzer filed a civil lawsuit against insurance broker Marsh & McLennan...

October 25, 2004

The SNL insurance broker index, which includes every public insurance company in the U.S., lost more than a quarter of...

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...