Captives

The absence of a major catastrophic event in Florida in recent years has not erased memories of the 2004 and 2005 hurricane seasons and the impact of the ensuing hard property insurance market.

With the European economy being rocked by fears that the Greek debt crisis will spread to other countries, the euro falling in value and the strength of the U.S. recovery uncertain, the European insurance industry recognizes it is navigating stormy seas.

The Insurance Council of New Jersey (ICNJ) has named Deana Lykins president.

Wolters Kluwer Financial Services will incorporate its insurance compliance information and analysis with FINEOS Claims for Workers' Compensation, a technology solution that helps insurers automate claims-related activities.

Here is a summary of the insurance-related bills passed during the 2010 Florida legislative session.

U.S. Senate Republicans believe failure to increase federal oversight of large insurance companies is a major deficiency of financial services reform legislation, questioning whether state guaranty funds are adequate to deal with large carrier failures.