Captives

Passage of comprehensive financial services reform legislation that for the first time gives the federal government some voice in regulating the property and casualty insurance industry was clearly a major milestone.

Over the years since enactment of the Liability Risk Retention Act of 1986, risk retention groups have grown into a major force in the industrY.

In a just-released "Governor's Transition Decision Handbook" from Florida TaxWatch, one of the "prominent issues" cited is insurance.

The insurance industry's societies and associations played a pivotal role in 2010 on a host of issues, including healthcare reform, business taxation, international growth opportunities and help in facing the challenges of social media.

Ted Besesparis writes about the potential prospects of some issues of particular concern to professional insurance agents in light of the new healthcare reform, 1099 requirement, flood insurance and OFC.

On Nov. 16, Florida legislators returned to Tallahassee for a quick three-hour special session during which many hoped they would take up measures dealing with both workers' compensation and property insurance.

Treasury Deputy Secretary Neal Wolin told London stockbrokers last week that the Obama administration believes the new financial services reform law gives it the power to monitor the insurance sector...

Treasury deputy secretary Neal Wolin told London stockbrokers today that the Obama administration believes the new financial services reform law gives it the power to