The year 2011 came to a close with firm evidence that the soft market has ended, according to the latest figures released by the electronic insurance exchange MarketScout.

Robert E. Wagner has been named Illinois third acting director of insurance since former director Michael McRaith left to become the leader of the Federal Insurance Office.

Robert E. Wagner has been named Illinois third acting director of insurance since former director Michael McRaith left to become the leader of the Federal Insurance Office.

Its that time of year for reports on IT investments in the insurance industry. As would be expected, core systems, portals, and business intelligence again rank as the top three spending initiatives.

Markel Corp. says it has completed its purchase of program administrator Thompson Insurance Enterprises.

It probably comes as little surprise that 2011 was significant in terms of insured losses from catastrophes, but the loss figures have less to do with the number of events as where they took place, according to industry representatives.

Hub International is acquiring Associated Independent Agencies, and Arthur J. Gallagher is acquiring Capital Bauer Insurance Agency, Inc., the brokerages announced in separate statements.

Most U.S. adults support a nationwide ban on the use of cellphones while driving, according to a new IBOPE Zogby poll.