Latest Marsh McLennan Headlines

All the headlines from our Marsh McLennan Topic Page, ordered by recency.

Guy Carpenter Names Powell to Head Latin America, Caribbean; Callahan to Manage Treaty Business

Mar 23 2006 // Guy Carpenter & Company, Inc., Marsh & McLennan’s global risk and reinsurance specialist, announced that Hugh Powell has assumed the role of CEO of its Latin America and Caribbean Region. He will manage Guy...

Guy Carpenter Appoints Carless to Lead Pacific Operations

Mar 17 2006 // Guy Carpenter & Company Inc., the leading global risk and reinsurance specialist and a part of the Marsh & McLennan Companies, announced the appointment of Ray Carless as Executive Chairman of its Australia, New...

Guy Carpenter Unveils Hail Risk Model for Italy

Mar 14 2006 // Guy Carpenter & Company, Inc., the risk and reinsurance specialist of Marsh & McLennan, has unveiled its new Agricultural Risks Exposures (ERA) model for Italy’s hail insurance market.“The ERA model...

Florida AG Files Bid-Rigging Action Against Marsh & McLennan

Mar 14 2006 // Florida Attorney General Charlie Crist has filed a civil complaint against Marsh & McLennan Companies Inc., alleging that the company illegally manipulated insurance markets to obtain improper commissions and engaged...

Guy Carpenter and MMC Securities Unveil Review of CAT Bond Market

Feb 27 2006 // Guy Carpenter & Company Inc. and MMC Securities Corp., an affiliate of Guy Carpenter, reported the publication of The Catastrophe Bond Market at Year-End 2005: Ripple Effects from Record Storms, their fourth annual...

Kidd Named to Lead Guy Carpenter’s Accident & Health Specialty Practice

Feb 1 2006 // Guy Carpenter & Company Inc. reported that Dean Kidd, a managing director of the firm, was appointed to lead the company’s global Accident & Health (A&H) Specialty Practice. Kidd assumes the...

Guy Carpenter Unveils Report on Jan. 1 Property Reinsurance Renewals

Jan 31 2006 // Guy Carpenter & Company Inc. reported the publication of Property Specialty Update – 1 January 2006 Renewal Season Overview, an in-depth report on the Jan. 1, 2006 property renewal season.The study, which...

Excoffier Joins Guy Carpenter as Sr. VP-Property Specialty Practice

Jan 12 2006 // Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced that Eric Excoffier has joined its Property Specialty Practice as Senior VP and Practice...

Guy Carpenter Issues Report on U.S. Reinsurance Renewals

Jan 9 2006 // Global risk and reinsurance specialist Guy Carpenter & Company, a unit of the Marsh & McLennan Companies, has published “U.S. Reinsurance Renewals at January 1, 2006,” its “annual review of...

N.J. Neurologist Charged with Million Dollar Insurance Fraud Scam

Jan 1 2006 // New Jersey Attorney General Peter Harvey reported that a Mercer County neurologist, his former medical practice and four former medical diagnostic and/or medical equipment corporations, along with the former office...

Guy Carpenter Unveils 2005 Central, Eastern Europe Flood Report

Dec 28 2005 // Guy Carpenter & Company Ltd. reported the release of European Flood Report 2005 – Central and Eastern Europe, a detailed summary and review of 2005 Central and Eastern European flood activity. The report,...

Guy Carpenter Study: U.S. Tort System Less Hostile to Corporate Defendants, Their Insurers

Dec 19 2005 // Guy Carpenter & Company Inc. reported the release of a new study, Recent Legislative and Judicial Trends Affecting the U.S. Casualty Industry, on key legislative and judicial developments and their impact on the U.S....

Guy Carpenter Releases 2005 England, Wales Liability Market Update

Dec 14 2005 // Guy Carpenter & Company Ltd. reported the release of a new report, A Year in Review – 2005 Update: Issues and Trends Affecting the Liability Market in England and Wales. The in-depth review is conducted annually...

Whipp, Bleisnick Join Guy Carpenter

Nov 29 2005 // Guy Carpenter & Company Inc. announced that Scott Whipp has joined the company’s Professional Liability Specialty Practice as a managing director and will lead its medical malpractice group and that Michael...

Mercer Insurance Group Reports Positive Numbers for Q3

Nov 2 2005 // Mercer Insurance Group Inc. reported its operating results for the quarter and nine months ended Sept. 30, 2005. Mercer Insurance Group Inc. (the Company) offers commercial and personal lines of insurance to businesses and...

Marsh Boosts Profits in 3rd Quarter; Says Restructuring for 2006 on Target

Nov 1 2005 // Marsh & McLennan Companies, Inc. today reported that net income for the third quarter was $65 million, or $.12 per share, an increase from $21 million, or $.04 per share, in the third quarter of 2004Consolidated...

Most Insureds Accept Spitzer Fund Settlement, Reports Broker Marsh

Oct 17 2005 // Marsh & McLennan reported that about 70,000 policyholders have opted for payouts from an $850 million fund formed to settle New York Attorney General Eliot Spitzer’s investigation into bid rigging and price...

Most Insureds Accept Spitzer Fund Settlement, Reports Broker Marsh

Oct 17 2005 // Marsh & McLennan reported that about 70,000 policyholders have opted for payouts from an $850 million fund formed to settle New York Attorney General Eliot Spitzer’s investigation into bid rigging and price...

Guy Carpenter Unveils CAT Mapping Tool to Assess Katrina Losses

Sep 28 2005 // Guy Carpenter & Company, Inc. has introduced i-aXs catastrophe mapping, an online tool that enables clients to assess specific properties at a potential risk of loss in areas impacted by catastrophes, specifically...

Marsh: Excellent Response Received from Clients Participating in Comp Fund

Sep 27 2005 // Marsh & McLennan Companies Inc. (MMC) said Tuesday that it has received an excellent response from policyholders eligible to participate in the compensation fund MMC established as part of its settlement with the New...