marsh and mclennan

Legal Briefing: Bid-Rigging Convictions Overturned

Two Marsh & McLellan executives who were convicted in an insurance industry bid-rigging case saw their convictions overturned Wednesday because the New York Attorney General's office failed to turn over 700,000 documents, including exculpatory and impeaching evidence.

Cat Bond Market Pushes Past $3 Billion

The catastrophe bond market has fully recovered.

Insurers Will Hike Hedge Fund Holdings in 2010

Notoriously conservative investors, insurance companies cut their hedge fund allocations in 2009. But as the sting of the financial crisis eases, they'll come back looking for stronger returns.

The 'catastrophe bond' market is heading to a surprisingly healthy 2009