Professional Risk Solutions (PRS), a leading professional liability wholesale insurance broker, said it has purchased the assets of Gremesco of Florida, LLC.

Steve White was named chief actuary of reinsurance broker Guy Carpenter & Company, LLC.

A Connecticut woman has gone from the food court to a court room after making false claims against a well-known fast-food retailer.

Citizens Property Insurance Corp. has temporarily shut down its Commercial Policy Mitigation Inspections to evaluate the process.

Sandra Parrillo was sworn in yesterday as chairwoman of the board of the National Association of Mutual Insurance Companies, during the association's 115th annual conference held in San Diego.

GAO Officials cautioned members of the Senate Banking Committee Wednesday that major changes in NFIP's policies and administration are needed, and could involve tough decisions that Congress may be unwilling to make.

The Independent IIABNY said it will hold a series of information sessions for insurance producers to help prepare them for the state's disclosure regulation, scheduled to take effect Jan. 1.

Members of President Barack Obama's team are reportedly extending an olive branch to the "fat cats" in banking and on Wall Street. Why not insurers as well, wonders NU Editor Sam Friedman in his blog at www.NUSamSoapBox.com.