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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.

Bills to ease rules for bringing "bad faith" lawsuits in claim disputes have been introduced in a growing number of state legislatures, but so far insurance interests have been winning.

Actions being taken today by state insurance regulators will deal with current inefficiencies and create a more effective, state-based regulatory system, the chief executive officer of the National Association of Insurance Commissioners said.

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.

Roger Sevigny, president of the National Association of Insurance Commissioners, Kansas City, Mo., and New Hampshire insurance commissioner, has put out a statement condemning H.R. 1880, the National

A study of auto crash injury claims has found that in collisions where vehicles had front and side airbag systems, injuries were less severe and claim costs were lower.

Dearborn, Mich.-based insurer Auto Club Insurance Association (ACIA) said it has acquired MEEMIC Insurance Company and its insurance agency affiliate MEEMIC Insurance Services Corp. Terms of the deal were not released, a company spokeswoman said.

CSC has announced its plans to roll out Exceed J, a Java platform enterprise edition (Java EE) version of its Exceed software suite of components for top-tier property/casualty companies. With