The committee passed the measure by a voice vote after rejecting a proposed amendment by Rep. Jeb Hensearling, R-Texas. That proposal, voted down 44 to 10, would have immediately ended the subsidized

Orlando, Fla.--Captive domicile officials appear to be reaching a meeting of the minds with state regulators over what sort of accounting format risk retention groups should use to report their financi

Sponsored by Rep. Kathleen Keenan, D-St. Albans City, and Rep. Mark Young, R- Orwell, the chair and vice chair of the House Commerce Committee, the measure covers a wide range of insurance crimes. It

The American Risk Retention Coalition in an open letter to leaders of the National Association of Insurance Commissioners has told them in effect not to mess with current risk retention group regulati

Dave Dasgupta, a spokesman for Jersey City, N.J.-based Insurance Services Office, said Property Claim Services, a subsidiary of ISO, has declared the storm events from March 11-13 in the four-state re

Washington--House legislation to allow purchasers of eligible small businesses a tax write-off of as much as $5 million of intangible assets over a five-year period is getting a big push from an insura

Reacting to the departure of a key executive at Lancashire Insurance Company, A.M. Best Co. announced yesterday that it placed the company's "A-minus" financial strength rating under review with negat

He said the NAIC will send the material to the U.S. Treasury Department for consideration by the Presidential Working Group on Financial Markets in Washington, which is expected to issue a report at t