Liberty Mutual Insurance Co. will pay $2 million to Connecticut to settle allegations that it paid brokers to rig insurance bids.

The number of companies buying terrorism insurance since 2003 has more than doubled, according to a new survey.

The number of companies buying terrorism insurance since 2003 has more than doubled, according to a new survey.

A subsidiary of the Marsh insurance brokerage is buying one of the largest regional insurance brokerages in New England, an acquisition that will make Marsh & McLennan Agency the country’s 12th largest insurance agency.

Henry S. Miller, the chairman, managing director and co-founder of New York-based Miller Buckfire & Co., was recently elected to the board of directors for American International Group.

While other brokerages recently reauthorized to accept contingent commissions in a multi-state agreement have rejected the payments, Marsh has announced that it will reject the practice in some instances, but permit it in others.

Nearly a year and half of hearings, drafting and discussions has resulted in new compensation disclosure rules for agents and brokers in New York.