North Dakota Insurance Commissioner Adam Hamm fined two mutual insurance companies in the state for operating outside their approved territories.

BB&T Corp. says is has completed its acquisition of the life and property-casualty operating divisions of Crump Group for $570 million in cash.

The composite commercial insurance rate index rose 2% in February, according to MarketScout, which does a monthly analysis of various lines.

Health care services paid by commercial insurance and Medicare programs cost 5.28% for the year ending Dec. 31, 2011, according to the S&P Indices.

The insurance market for construction firms, architects and engineers appears to be hardening, according to the latest Lockton Market Update.

Florham Park, N.J.-based ADP Statewide Insurance has launched a new website at www.adpinsurance.com.

An insurance brokerage and risk management firm, based in New York, N.Y., finalized its acquisition of a San Francisco, Calif.-based insurance broker.

New Jersey achieved its twofold mission of “promoting the growth and financial stability” of insurance companies and “protecting consumers” in 2010, according to state oficials.

Capacity Coverage Company of New Jersey announced its Prominent Properties program for commercial and habitational real estate companies. It was designed to provide real estate companies with an alternative to expensive policies, the company said.

Health care service costs for commercial and Medicare insurance programs are rising at a slightly lower rate, according to a Standard & Poor’s analysis.