By far the largest domicile with 590 captives, Vermont has licensed 15 captives this year (11 pure, one branch and three RRGs) with four pending, said Deputy Commissioner Leonard Crouse, "right on

By far the largest domicile with 590 captives, Vermont has licensed 15 captives this year (11 pure, one branch and three RRGs) with four pending, said Deputy Commissioner Leonard Crouse, "right on par" with last year.

An appeal by the National Risk Retention Association and numerous risk retention groups that the state of Massachusetts drop its redundant requirements of RRGs--which are governed by a federal law--has

The World Trade Center Captive Insurance Co. reasserted denials that it is misusing its funds yesterday after being hit with a multimillion-dollar lawsuit on behalf of workers injured during post-9/11

Commercial insurance premiums of most lines, including directors and officers, continued to decline during the second quarter of 2007, according to the Risk and Insurance Management Society's Benchmar

New York's medical malpractice and workers' compensation markets are heading in opposite directions, with the state cutting comp rates 20.5 percent shortly after approving a 14 percent rate hike for

His action was prompted by reforms in workers' comp law earlier this year, and is estimated to save New York businesses about $1 billion in the 2007-2008 fiscal year, according to the New York State I

Only two out of 30 at PRIMA terrorism seminar have written disaster