Marsh McLennan, WTW to Exit Russia, Aon Suspends Operations
As the war in Ukraine escalates, Marsh McLennan will pull out of all its businesses in Russia, while Aon will suspend its operations in the country.
As the war in Ukraine escalates, Marsh McLennan will pull out of all its businesses in Russia, while Aon will suspend its operations in the country.
U.S. insurers are failing to raise premiums fast enough to keep up with historic rates of inflation, according to the American Property Casualty Insurance Association (APCIA).
Insureon will expand HUB’s network to develop, offer and distribute a new generation of proprietary insurance products and solidify Bold Penguin’s position as the leading commercial insurance marketplace for retail insurance agencies.
A study by Liberty Mutual and Safeco found that 64% of women in frontline agency staff roles feel they are paid somewhat less or significantly less than their male peers.
Catastrophic weather events are adding to the myriad other challenges facing the commercial property insurance market.
The survey highlights the top 20 schools in the U.S. offering risk management and insurance programs.
The study highlights the important role specialists play among different generations by examining consumer views on working with intermediaries across different industries.
The report studied how agencies approach specialty lines, such as the key factors they consider in the placement decision-making process.
The increase in agency merger & acquisition rates was caused by investors flush with capital continuing to meet an increasing supply of aging owners taking advantage of all-time high valuations.
The annual composite rate for both commercial and personal property-casualty lines continued to increase in 2021.