James R. Pender was elected chairman of The Council of Insurance Agents & Brokers at the group's 97th annual Insurance Leadership Forum in Colorado Springs, Colo.

Willis Group Holdings said it is opening a captive insurance facility in Malta to provide coverage for entities in the European Economic Area.

The CPCU Society officially elected Warren L. Farrar as its president and chairman at the group's 66th Annual Meeting and Seminars in Orlando, Fla.

An award recently created in the memory of the late Karen Cutts, editor and publisher of the Risk Retention Reporter and supporter of the risk retention group

Allstate Corp. has filed a subrogation lawsuit against Toyota Motor Corp. which seeks compensation for the more than $3 million the insurer said it paid out on accident claims.

A coalition of insurance agent groups is asking the National Association of Insurance Commissioners (NAIC) to exclude commissions from a new medical loss ratio (MLR) requirement in the healthcare law.

A storm system dubbed "Subtropical Depression Seventeen" is expected to intensify into a subtropical or tropical storm by late Wednesday, but the current forecast has the system moving east out into the Atlantic Ocean over the next two days.

The soft market trend is expected to continue for the foreseeable future as some broker and company experts suggest the cycles of the past may be changing to an almost permanent state of a depressed market.