All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Mar 5 2012 // Marsh & McLennan Companies announced that Vanessa Wittman, the company’s executive vice president and chief financial officer, is resigning for a senior role at Google Inc. Wittman will assist the company in the...
Feb 14 2012 // Marsh & McLennan Companies reported $256 million for its 2011 fourth-quarter net profit, up 26.1 percent from one year ago when it posted $203 million profit.For the 2011 full year, Marsh & McLennan posted net...
Jan 23 2012 // Woodbury, N.Y.-based Sterling & Sterling appointed Leslie Nylund as president of the insurance brokerage. Nylund will be responsible for the firm’s operations, including sales, employee benefits, client services...
Jan 18 2012 // Marsh & McLennan Companies appointed insurance veteran Julio Portalatin as CEO of Mercer, MMC’s human resource consulting subsidiary. Julio Portalatin His appointment is effective February 1. He will be based in...
Jan 11 2012 // Global reinsurance broker U.S. RE Corp. appointed reinsurance veteran James Nelson as senior vice president. Nelson is a reinsurance executive with more than 30 years of experience. He served more than 30 years at Guy...
Dec 30 2011 // Reinsurance broker Guy Carpenter has examined the past year’s natural catastrophes, which it describes as “an unusually eventful year for the (re)insurance sector.” In addition to the ongoing financial...
Dec 6 2011 // Marsh & McLennan Agency, a subsidiary of insurance broker Marsh Inc. appointed John Sames as regional executive vice president of its New York City and Milford, Conn., offices.In this new role, Sames will be...
Dec 5 2011 // Marsh & McLennan Agency, SeitlinMarsh & McLennan Agency, a subsidiary of insurance broker Marsh Inc., has acquired Seitlin Insurance, one of the largest insurance brokers in south Florida. Terms of the...
Dec 5 2011 // Arthur J. Gallagher & Co., Trissel Graham & TooleItasca, Ill.-based Arthur J. Gallagher & Co. has acquired Trissel Graham & Toole Inc., headquartered in Davenport, Iowa. With roots dating back to 1896,...
Nov 17 2011 // Marsh & McLennan Agency, a New York-based subsidiary of insurance broker Marsh Inc., acquired Seitlin Insurance, one of the largest insurance brokers in South Florida. Terms of the transaction were not...
Nov 14 2011 // Standard & Poor’s Ratings Services has revised its outlook on Marsh & McLennan Cos. to stable from negative, and has affirmed its ‘BBB-‘ long-term and ‘A-3’ short-term counterparty...
Nov 14 2011 // MMA Insurance (UK) announced that it “has enhanced its Shops, Offices and Surgeries products with a new level of rating sophistication on its Broker Online system.” It also noted that the developments...
Nov 3 2011 // Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Minnesota-based Gallagher & Associates Inc., a $1 million property and casualty insurance agency specializing in public...
Nov 2 2011 // Marsh & McLennan Companies reported $130 million for third-quarter net profit, down 23 percent from $168 million reported during the same period last year. But profit from continuing operations was up 4 percent as the...
Oct 19 2011 // The plastics industry is now a target for the growing market of metal theft, according to one UK insurer.MMA Insurance is warning that the plastics sector is now at risk as thieves are now targeting the brass tooling and...
Sep 19 2011 // LevelFirstLevelFirst is a new diversified wholesale broker and managing general agency based in Dallas, Texas, that serves retail agents in the Southwest and across the country. President and CEO of LevelFirst, Robin...
Sep 5 2011 // Ten years after the events of Sept. 11, 2011, terrorism remains a significant risk both globally and within the United States. The need to be vigilant against those who would harm innocent people in the name of whatever...
Aug 22 2011 // The UK’s auto (motor) insurance market is extremely competitive, and over the past few years usually unprofitable. As a result a number of insurers are reducing capacity and/or contracting their distribution for...
Jul 11 2011 // Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Prescott Pailet Benefits LP (PPB), a $6 million employee benefits broker based in Dallas, Texas. Terms of the transaction...
Jun 6 2011 // Marsh & McLennan Cos. appointed Daniel S. Glaser to the newly created position of group president and chief operating officer. Glaser previously had been chairman and CEO of Marsh. He will continue to report to Brian...