A bill introduced in Congress yesterday establishing some federal regulation over the insurance industry has drawn opposition from an insurance agents group while the two major insurers are supporting the move.
The amendment establishes requirements and guidelines for the formation and operation of a special-purpose financial captive insurance company, or "SPFC." These provisions are included in a new
Vermont Licenses Its 700th Captive InsurerNU Online News Service, Sept. 23, 11:03 a.m. EDT?An energy-oriented company engaged in contract drilling, primarily in the U.S. and ...
Risky Business Captive Insurer Bypasses Front In New U.S. DomicileWashington, D.C. An agent, initially frustrated by a shortage of coverage for his clients in the ...
Captive Insurers Seminar Set For AtlantaNU Online News Service, Jan. 28, 9:32 a.m. EST?the Vermont Captive Insurance Association announced it will hold a seminar, Feb. ...
Arizona Licenses First Captive InsurerThe Arizona insurance department issued the states first captive insurer license last month, and a representative for the regulatory agency said ...
South Carolina Signs 25th Captive InsurerBy Caroline McDonaldNU Online News Service, Dec. 6, 12:44 p.m. EST, Charleston, S.C.?South Carolina announced yesterday that it had licensed ...
Fronts Squeezing Non-U.S. Captive Insurers London EditorLondon For captive insurance companies domiciled outside the United States, a significant effect of the hard market has been ...