For risk managers to keep their jobs in this difficult economy, they must make sure senior management appreciates the bottom-line savings they produce, warns NU Editor Sam Friedman wonders in his blog at www.NUSamSoapBox.com.

Some risk managers are concerned about a lack of talented, fresh faces in their industry. But if the students attending RIMS are any indication, the profession has a bright future, observes Caroline McDonald. Read more at www.NoRiskZone.com.

Marsh & McLennan Agency LLC made its third acquisition, acquiring New England regional insurance broker The Bostonian Group.

Insured losses from the recent explosion of the Deepwater Horizon Drilling Platform in the Gulf of Mexico could reach $1.5 billion, according to Transatlantic Holdings, Inc.

The National Association of Professional Insurance Agents' branding campaign is now available in Spanish, the association said.

W. R. Berkley Corp. has formed Verus Underwriting Managers, LLC, and named industry veteran Dale Pilkington to head up the new unit.

Senate Republicans say failure to increase federal oversight of large insurance companies is a major deficiency of financial reform legislation and question whether state guaranty funds are adequate to deal with large insurance failures.

The Florida legislature has passed a bill that would exclude certain commercial insurance lines from the rate filing and approval process.