The National Risk Retention Association said it received notification by letter from the Louisiana Insurance Department that risk retention groups will be exempt from paying a financial regulation
The Internal Revenue Service last month revived its 2005 reassessment of tax treatment for cell captives, determining that it will test risk shifting and risk distribution on a cell-by-cell basis,
Net income at the Pembroke, Bermuda-based carrier was down to $72.8 million from $210.6 million the same period in 2006, a difference of $138 million, or about 65 percent. This number reflects charges
Commercial insurance firm FM Global in Johnston, R.I., has donated $525,000 to Spencer Educational Foundation, which provides college scholarships to students of risk management and insurance, it was
Employment law class action and collective action litigation is becoming more sophisticated and will continue to be a source of significant financial exposure to employers well into the future, a new
The National Risk Retention Association said it received notification by letter from the Louisiana Insurance Department informing that risk retention groups will be exempt from paying a financial regu
Mr. Crouse has been a nationally recognized leader in insurance regulation for more than 30 years and has been credited with being a key figure in advancing the captive insurance industry both nationa
Another quiet hurricane season, some near misses with catastrophes worldwide, and continued softening in pricing, terms and conditions have contributed to another good renewal season for reinsurance