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By Caroline McDonald, PropertyCasualty360.com |
July 21, 2011
The Prudential New Jersey Captive Insurance Co. (NJCAP) has been approved as the first captive insurer to be licensed in the state, according to the New Jersey Department of Banking and Insurance.
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By Caroline McDonald, PropertyCasualty360.com |
July 15, 2011
The Prudential New Jersey Captive Insurance Co. has been approved as the first captive insurer to be licensed in the state, according to the New Jersey Department of Banking and Insurance.
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By Fred E. Karlinsky, Esq., Andromeda Monroe, Esq. |
April 7, 2011
The scope of captive insurance in Florida could be significantly expanded if captive-specific legislation pending in the 2011 Florida Legislature is ultimately enacted.
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By Fred E. Karlinsky, Esq., Andromeda Monroe, Esq. |
April 6, 2011
The scope of captive insurance in Florida could be significantly expanded if captive-specific legislation pending in the 2011 Florida Legislature is ultimately enacted.
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By Staff Writer |
June 21, 2010
A.M. Best Co. has downgraded the financial strength rating (FSR) and issuer credit rating (ICR) of British Petroleum's captive insurer, Jupiter Insurance Limited, over concerns regarding the Deepwater Horizon oil spill in the Gulf of Mexico.
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By Caroline McDonald, PropertyCasualty360.com |
June 4, 2010
The Deepwater Horizon oil spill disaster in the Gulf of Mexico could cost insurers up to $3.5 billion, Moody's said.
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By Caroline McDonald, PropertyCasualty360.com |
June 3, 2010
The Deepwater Horizon oil spill disaster in the Gulf of Mexico could cost insurers up to $3.5 billion, Moody's said, but A.M. Best affirmed the oil rig owner's captive insurer rating despite the losses it faces.