Max Re's announcement that independent auditors are reviewing three finite retrocessional contracts, which could possibly reduce fourth-quarter retained earnings by up to $50 million, most likely won'

NAIC panel's willingness to accept GAAP accounting draws industry

South Carolina Insurance Commissioner Eleanor Kitzman has announced a reorganization that includes moving the Alternative Risk Transfer Services (ARTS) division to the Financial Services Division, rep

PRIMA's board of directors is to begin an immediate search for a successor, according to a press release. PRIMA spokesman Marshall Davies said he wasn't aware of Mr. Hirt's future plans, or why he lef

PRIMA's board of directors is to begin an immediate search for a successor, according to a press release. PRIMA spokesman Marshall Davies said he wasn't aware of Mr. Hirt's future plans, or why he lef

Orlando, Fla.--Captive domicile officials appear to be reaching a meeting of the minds with state regulators over what sort of accounting format risk retention groups should use to report their financi

The American Risk Retention Coalition in an open letter to leaders of the National Association of Insurance Commissioners has told them in effect not to mess with current risk retention group regulati

Deborah Burd was elected chairperson of the board of directors of the Captive Insurance Companies Association at CICA's annual meeting last week where an official said the group will push a higher profile for industry concerns.