More information about Friday's earthquake and tsunami in Japan are coming out, with many estimates of total and insured losses being made by modelers. But that's not all that's making news.

The insurance industry has developed into a perfect storm of increased competition, lackluster investment income, high consumer expectations, and a diversifying market. This combination of factors is making it difficult for many insurers to show consistent profits.

Rep. Heath Shuler, D-N.C., will address the Annual Young Agents & InsurPac State Chairpersons Legislative Luncheon at the Independent Insurance Agents & Brokers of America Legislative Conference & Convention.

The National Association of Professional Insurance Agents said it will hold its annual 2011 PIA Federal Legislative Summit in Washington D.C. on March 30-31.