Parker, Smith & Feek hires new CFO, GPP names two sales execs.

Karen Clark & Co. has issued its third annual report on the performance of three near-term catastrophe models, which concludes that they have "significantly overestimated" losses during the five-year period.

President Obama's executive order today to streamline federal agency regulations could have the effect of promoting greater regulatory efficiency for the insurance industry, an executive with an insurance association said.

Louisiana's last-resort insurer has filed a nine percent rate increase request with the state's insurance department for personal lines risks, including homeowners, mobile homes, dwelling, and tenant risks.

For Robert Norris, CIO at Pinnacol Assurance, being involved in strategic business decisions is more than a component of his role as the company's IT leader -- it's also part of his job title.

For the fourth straight year the number of pirate attacks against ships has risen, with hijackings off the coast of Somalia accounting for 92 percent of all ship seizures, according to the International Maritime Bureau (IMB).

The Florida Office of Insurance Regulation said it has approved Southern Oak Insurance Company to take out 14,000 policies from the state's last-resort insurer.

Kansas City, Mo.-based insurance broker Lockton said it has received approval from the China Insurance Regulatory Commission to open a new branch office in China, based in Beijing.