A founder of Hilb Rogal & Hobbs his launching a new middle-market commercial insurance brokerage firm by combining with brokerages in New York and North Carolina.

Markel Corp. announced a new management structure that the company said allows for future succession among its leaders, including the creation of a new Office of the President.

Citing his role in “a decade of expansion,” the board of directors for Willis Group Holdings extended the contract of its chairman and chief executive officer, Joseph J. Plumeri, through July 7, 2013.

Shareholders of Willis Group Holdings Ltd., a global insurance broker, approved changing the place of incorporation of the parent company of the Willis Group from Bermuda to Ireland at a special meeting.

Willis Group Holdings Ltd., the global insurance broker, plans to change its incorporation from Bermuda to Ireland, a move it says will benefit it economically and competitively.

New York’s recent steps to regulate contingent commissions could be a step toward relaxing a ban on the practice established four years ago, according to a report in the Wall Street Journal.