Whether it is at a local chapter meeting or in the halls of Congress, the Risk and Insurance Management Society is setting an ambitious goal to increase its influence over issues that affect the world of risk, says the associations president.

Chief executives and risk managers see eye-to-eye on necessary risk-professional skill setsbut gaps remain between how the two view the role of risk managers, according to the ninth annual Excellence in Risk Management survey from insurance broker Marsh and the Risk and Insurance Management Society.

Hundreds of exhibitors representing myriad insurance interests and specialties assembled at the Risk and Insurance Management Societys 50th annual meeting in Philadelphia. National Underwriter met with them to discuss some of the new offerings they presented to the thousands of risk-management attendees on hand for the four-day event.

Winston-Salem, N.C.-based bank BB&T Corp. says its insurance brokerage services net income increased close to 10 percent for the first quarter of this year over the previous year as the markets show continued rate increases.

Winston-Salem, N.C.-based bank BB&T Corp. says its insurance brokerage services net income increased close to 10 percent for the first quarter of this year over the previous year as the markets show continued rate increases.

Non-public property and casualty insurance carriers are reporting continued rate increases as direct premium written increased about 4 percent in 2011 compared to paltry growth of less than 1 percent in 2010, according to a report from SNL Financial.

Non-public property and casualty insurance carriers are reporting continued rate increases as direct premium written increased about 4 percent in 2011 compared to paltry growth of less than 1 percent in 2010, according to a report from SNL Financial.

USI Insurance Services says it has acquired certain assets of BBVA Compass Insurance Agency Inc. that generates close to $27 million in revenue.