The number of fronting companies available for captive insurers has more than doubled over the last few years--a product of the softening commercial insurance sector and the lures of the

"The vast majority of those new formations--49--were Class-3 business. This is the trend," noted Peter Willitts, president of Liberty Mutual's Bermuda-based captive management operation, referring to a

Increasing number of domiciles, softening of insurance market hike

A recommendation by a panel to dissolve the captive established to protect New York City and its contractors from lawsuits arising out of the cleanup at the World Trade Center site following the

The Risk and Insurance Management Society Inc. (RIMS) said catastrophe modeling and climate change are among the topics that 400 speakers will address at the group's annual conference April 29 to May

Mayor Michael R. Bloomberg announced acceptance of a comprehensive set of recommendations earlier this week that would seek to ensure "a sustained, high-quality public health response for individuals

Mark Zucker, managing director and head of global structured finance, also will be leaving the company to pursue other interests. William Fallon, managing director and head of corporate strategy, has

The AzCIA conference--with a theme of "Take Control of Your Own Destiny"--will take place on May 15-17 in Phoenix, at the Arizona Biltmore Resort & Spa. The keynoter will be captive expert Andrew