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Increases in the cost and frequency of physician-dispensed medications continue to negatively impact the Florida workers’ compensation system.

Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. says it acquired Group Benefits of Arkansas, LLC.

Industry officials voiced deep concern over the lack of action in the Senate to extend the current version of the National Flood Insurance Program through Dec. 31.

Hurricane forecasters at Colorado State University say their earlier prediction of a very active hurricane season remains unchanged with a total of 16 named storms predicted for the Atlantic basin.

Florida has established a working group to review the practices of some in the check cashing services industry involved in workers’ compensation premium fraud.

Rock group Kings of Leon will likely need a doctor to diagnose lead singer Caleb Followill’s “exhaustion” if the band expects an insurance payout after canceling the remaining 29 shows on their U.S. tour.

Marsh & McLennan reports net income increased 19 percent in the second quarter, driven by new business and strong retention in its insurance brokerage arm.