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By Caroline McDonald, PropertyCasualty360.com |
January 30, 2012
Regulatory and other concerns did not dampen captive formation in 2011, with small captives, cell captives and group-health captives taking the lead, according to experts.
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By Mark E. Ruquet, PropertyCasualty360.com |
October 27, 2011
Two Bermuda-based insurers say catastrophes hurt their third-quarter earnings, with Everest Re reporting a 64 percent drop in net income and Montpelier Re posting a net loss.
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By Joan E. Collier, PropertyCasualty360.com |
September 29, 2011
Roy V. Fabry, CPCU, is the new president of the Florida Surplus Lines Association. We spoke with President Fabry about the association, its goals and challenges, and the current status of Florida’s market.
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By Phil Gusman, PropertyCasualty360.com |
September 20, 2011
Hamilton, Bermuda-based Montpelier Re Holdings Ltd. says it will sell its U.S. excess and surplus lines insurance business, Montpelier U.S. Insurance Company, to Selective Insurance Group.
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By Ken A. Crerar |
September 1, 2011
It’s been particularly frustrating to watch what has been happening with the state implementation of the Dodd-Frank provisions regarding surplus lines insurance—the Nonadmitted and Reinsurance Reform Act.
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By Louie Castoria |
September 1, 2011
FIO may rescue gaps left in the Dodd-Frank Act
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By Thomas J. Maida, Paul Lowell |
May 31, 2011
In the months leading up to Florida’s 2011 session, residential property insurance and motor vehicle insurance appeared poised to become significant legislative issues. Indeed, they garnered significant discussion. Their fates, however, were widely divergent.
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April 6, 2011
The Non-Admitted and Reinsurance Reform Act, which brings change for Florida’s surplus lines marketplace with regard to tax allocation, surplus lines insurer eligibility requirements, and more, is set to take effect July 21.
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By Chad Hemenway, PropertyCasualty360.com |
April 4, 2011
Foreign reinsurers may be permitted to post less collateral when doing business in New Jersey with legislation signed by Gov. Chris Christie that gives regulators the ability to cut previous full-collateral requirements.
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By Chad Hemenway, PropertyCasualty360.com |
March 29, 2011
Foreign reinsurers may be permitted to post less collateral when doing business in New Jersey with legislation passed that gives regulators the ability to cut previous full-collateral requirements.