The Financial Services Roundtable wants the Treasury Department to use the Federal Insurance Office to coordinate all federal-agency activities regarding insurance in order to ensure that onerous and duplicative federal intervention in the insurance business does not occur.

Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. announced two acquisitions in the employee-benefits niche this week.

Company directors do not realize the full threat of their cyber-liability exposure, and they must be more aware of the legal hazards they face or risk litigation from investors and regulators, says an insurance broker.

In Aesops fable, The Ant and the Grasshopper, the frugal ant laid up food for winter and survived when it got cold. The grasshopper didnt and died when its food ran out.