Risk Management

A lawsuit filed today seeks to strike down a new Florida law that has earned the nickname “Docs versus Glocks.”

The Florida Office of Insurance Regulation says commercial insurer National Group Insurance Co. is insolvent.

Starr International Co. Inc. has been approved as a strategic equity investor of Dazhong Insurance Co. Limited of China, paving the way for Starr to become Dazhong Insurance’s largest single shareholder.

Sometimes, taking a risk on a star player can result in a leader’s greatest triumphs. But it can also lead to their downfall.

A tax agreement between Canada and Bermuda is generating interest in Canadian captive formations, according to a Bermuda official.

With the captive insurance industry at a relative crawl over the past few years, an upward trend reported by several domiciles in 2011, including Bermuda, has generated enthusiasm in the captive industry.

Florida homeowners insurer Argus Fire and Casualty Insurance Co. has been ordered to stop doing business in the state.

Two industry-supported bills that would provide federal financial incentives to strengthen homes against major storms were introduced in the House this week.