Captive formation across the country is being driven by new legislation as well as by a "friendly" interpretation of existing laws. Here is a summary of what's happening with captives.

A change to a catastrophe model can influence the level of reinsurance purchased by companies and impinge on the rating process, but the extent to which the latest revision announced by one modeler affects either is not specifically clear.

Banks fighting the split of MBIA into two companies said they submitted affidavits from four former New York insurance superintendents stating that the department violated its duty by allowing the insurer to make the move.

The Utah Legislature approved a bill restricting fees that municipalities can charge after an accident occurs.

The Utah Legislature approved a bill restricting fees that municipalities can charge after an accident occurs.

Legislation will soon be re-introduced in both the House and Senate that will allow risk retention groups to sell commercial property insurance.

Currently pending in federal district court is a case between a risk retention group, the Alliance of Nonprofits for Insurance, and the Nevada Division of Insurance. As the court contemplates its ruling, the RRG industry awaits a decision that may reverberate nationwide.

Currently pending in federal district court is a case between a risk retention group, the Alliance of Nonprofits for Insurance, and the Nevada Division of Insurance. As the court contemplates its ruling, the RRG industry awaits a decision that may reverberate nationwide.