As Florida officials came to realize they had a serious overexposure problem with Citizens, the states insurer of last resort, the legislature took steps in 2007 to depopulate Citizens: The law written then, still on the books, permits admitted depopulation companies to take approved batches of policies.

While an unabashed love of classic cars is what really drives collectors to spend millions or even tens of millions on the hobby, the purchasesin addition to providing ego boosts and adrenaline rushesoften prove to be good investments as well.

A Chartis client with a Ferrari Enzoone of 400 madewas driving too enthusiastically and put it into a wall, says Ron Fiamma, vice president and director of private collections with Chartis Private Client Group. The claims adjusters determined the vehicle was a total loss and were ready to write a...

Organizations from a number of states representing various industries formed 69 captive insurance companies in Utah in 2011. Of the states new formations, all were pure captives with one sponsored captive. Most were micro-captives formed for a variety of coverages including Supply Chain, Cyber Liability, Legal Defense and Large Deductible....

After a rough, cat-filled 2011, how do commercial-lines carriers feel about 2012? NU asked several key players for their perspective on which lines offer new opportunities; how they will expand their distribution channels; where carriers will be investing; and how they will handle relationships with risk managers as the...

The universe of publicly held brokerage firms could expand within the next two years, with two firms that are now in the hands of private-equity interests re-entering the public sphere in the United States.

Readers comment on articles in the September, November and December issues.

Recently, an insured approached First Nonprofit about an event it wanted to host for participants in one of their youth programs at a recreation facility called Xtreme Trampoline. First Nonprofit's risk-management VP checked it outand persuaded the client persuaded that this was not a good idea.