Last week, the chairs of key Senate and House committees promised President Obama they will work together to have legislation on his desk by year's end creating a "new, more robust regulatory framework" for financial services firms.

I'm taking a break from the unrelenting bad news to brag about the culmination of something we have been working on for awhile: the establishment ...

Chicago-based insurance broker Hub International Ltd. said Hub Financial, its Canada-based managing general agency, has completed the acquisition of Best Advice Financial Services. Transaction terms were not released.

A bill introduced in Congress yesterday establishing some federal regulation over the insurance industry has drawn opposition from an insurance agents group while the two major insurers are supporting the move.