Sally Roberts (mailto:sroberts@businessinsurance.com)
NEW YORK?Representatives from Willis Group Holdings Ltd. declined to comment Thursday on reports that the brokerage has renewed its efforts to acquire its much larger rival, Marsh & McLennan Cos. Inc. Citing sources close to the matter, CNBC reported Thursday that London-based Willis recently sent...
NEW YORK?Thomas V. Ealy, chief operating officer of Willis North America, has been tapped to lead the brokerage?s commercial and consumer segments for the United States and Canada, the London-based brokerage said Thursday. Willis? commercial segment comprises small and medium-size companies,...
NEW YORK?Veteran insurance brokerage builder John Addeo is launching a new personal lines brokerage that will focus primarily on the Hispanic consumer. New York-based Confie Seguros has secured $75 million in capital from San Francisco-based private equity firm Genstar Capital L.L.C., the brokerage?
TRENTON, N.J.?Six health insurers that allegedly conspired with brokers to steer customers their way in return for hidden commissions did not violate the Employee Retirement Income Security Act, a New Jersey district court judge ruled Monday. Judge Garrett E. Brown Jr.?s dismissal of the ERISA...
WASHINGTON?The question of whether the Americans with Disabilities Act requires employers to offer disabled workers a vacant job if a more qualified applicant is available remains unresolved. The U.S Supreme Court, which agreed last month to review a case that would have decided the issue,...
Wage-and-hour litigation pursued under the federal Fair Labor Standards Act produced more rulings in 2007 than any other type of workplace class action and the pursuit of such litigation is expected to continue through 2008, according to an annual report by Chicago-based law firm Seyfarth Shaw...
ATLANTA?Steve Denton, chief operating officer of Beecher Carlson, has been named to the additional post of president, the Atlanta-based brokerage said Monday. Mr. Denton, who also was elected to Beecher Carlson?s board of directors, succeeds Tom Golub, who remains chairman and chief executive...
NEW YORK?In the first major move under its new chief executive officer, Marsh Inc. Thursday announced a new global organizational structure and senior management team. Marsh?s global insurance brokerage business is being consolidated into two geographical divisions?United States/Canada...
NEW YORK?In the first major move under its new chief executive officer, Marsh Inc. Thursday announced a new global organizational structure and senior management team. Marsh?s global insurance brokerage business is being consolidated into two geographical divisions?United States/Canada...
BOSTON?William Gallagher Associates Insurance Brokers Inc. has agreed to pay $4 million to settle charges leveled by Massachusetts Attorney General Martha Coakley over its compensation and other business practices. The suit, filed Wednesday in Suffolk Superior Court in Boston, alleges that the...
