Captives

Florida Insurance Consumer Advocate Sean Shaw calls on lawmakers to reject the "Consumer Choice" bill aimed at property insurance.

Earthquakes bring to mind a number of issues: How likely is an earthquake to occur at any location? What is the amount of insurance coverage is there on property in a prone area? And what coverage is provided by such insurance?

The National Association of Insurance Commissioners has sent a letter to congressional leaders opposing the creation of a federal health choices commissioner.

The National Association of Insurance Commissioners said it wants to continue discussions with two state lawmaker groups that have criticized its national commission proposal.

By far the largest domicile with 590 captives, Vermont has licensed 15 captives this year (11 pure, one branch and three RRGs) with four pending, said Deputy Commissioner Leonard Crouse, "right on par" with last year.

Insurance buyers across the country, including many in Midtown Manhattan, have not taken some of the lessons of Sept. 11, 2001 to heart, said an attorney involved in several 9/11 business interruption disputes.