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News from AmWINS, Gresham & Assocs., Liberty Mutual, Applied Systems, McGowan Program Administrators, AssuredPartners, IMCA and more.

One of the gaps in state insurance regulation is in the area of insurers use of captives, Federal Insurance Office Director Michael McRaith said in a closed meeting with state insurance regulators, staff and leadership of the National Association of Insurance Commissioners.

American Safety Insurance Holdings says its shareholders have approved its purchase by Fairfax Financial Holdings for about $306 million.

Federal catastrophe reserving legislation is re-emerging with William White, the District of Columbias insurance, banking and securities commissioner, telling fellow regulators that a bill is expected to be introduced this fall.

A colossal wildfire raging across the western edge of Yosemite National Park swept further into the park on Sunday and forced the evacuation of some its camps. The fire was also threatening power and water supplies to San Francisco, about 200 miles to the west.

The modest 2013 increases in employer-sponsored health-insurance premiums have struck a favorable balance for both insurers and buyers, as insurers enjoy some premium growth, but not at the destructive levels seen in years past.

The modest 2013 increases in employer-sponsored health-insurance premiums have struck a favorable balance for both insurers and buyers, as insurers enjoy some premium growth, but not at the destructive levels seen in years past.

As the U.S. Financial Stability Oversight Council run sup again a deadline to make a decisions on the appealed designation of Prudential Insurance as a systemically important financial institution, one member of the group says some of his colleagues don't seem to understand how insurance works.