Agency Management

The National Association of Insurance Commissioners today dropped its support for exempting insurance agents' commissions from the medical loss ratio provision of the healthcare reform law.

Wells Fargo Insurance Services says it has acquired EDIFY, LLC, an employee-benefits consulting firm based in Fort Lauderdale, Fla.

Patriot National Insurance Group of Fort Lauderdale has received $30 million in equity funding.

Commercial Agency Awards for Excellence cite an overall winner, as well as four category awards in excellence in "Sales and Marketing," "Customer Service," "Technology and Operations," and "Recruitment and Training."

Chicago-based insurance broker Aon Corp. says its Aon Risk Solutions unit has opened a Hong Kong office for its new Asia-Pacific division of International Space Brokers.

Chicago-based insurance broker Hub International Ltd. says it has acquired two Texas-based agencies: the Roy Agency Inc. of Plano, Texas, and Roeder & Moon Inc. of Dallas.