Insurance industry professionals are furious with the New York state legislature after a bill was passed that did nothing to provide meaningful auto no-fault insurance reform, says the head of the states insurance company trade association.

Merger and acquisition activity for insurance brokers remained busy through the month of June as Arthur J. Gallagher led the way announcing three acquisitions.

Former AIG Chief Executive Maurice "Hank" Greenberg may pursue a $25 billion lawsuit accusing the U.S. government of engineering an unconstitutional bailout of the insurer, a federal judge ruled Monday.

Arthur J. Gallagher acquired Whitehaven, new programs from Western Security Surplus Insurance Brokers and K&K, Manry & Heston honored for service, legacy Crump P&C Brokerage rebranded under CRC|Crump