The year 2011 came to a close with firm evidence that the soft market has ended, according to the latest figures released by the electronic insurance exchange MarketScout.

The year 2011 came to a close with firm evidence that the soft market has ended, according to the latest figures released by the electronic insurance exchange MarketScout.

It probably comes as little surprise that 2011 was significant in terms of insured losses from catastrophes, but the loss figures have less to do with the number of events as where they took place, according to industry representatives.

Hub International is acquiring Associated Independent Agencies, and Arthur J. Gallagher is acquiring Capital Bauer Insurance Agency, Inc., the brokerages announced in separate statements.

Insurance broker Aon won another round in its ongoing dispute with Alliant Insurance Services, Inc. over the poaching of business and employees, which allegedly did serious harm to Aons Construction Services Group.

Insurance brokers Jardine Lloyd Thompson Group plc and Brown & Brown Inc. closed out the year by announcing acquisitions.

After less than a year in office, South Carolinas director of insurance, R. David Black, abruptly resigned.

The protection and indemnity market, a broad type marine legal liability coverage, delivered a blockbuster financial performance last year, but poor investment returns and increased claims will spell premium increases for 2012.