Captives

We are fast approaching Springtime in Tallahassee and the annual pilgrimage of politicians, lobbyists, media pundits, and various interest groups to our unassuming state capital.

This year's insurance market prices should remain soft but relatively stable, just as they were in 2009, officials from Marsh predicted in a report released last week.

This year's insurance market prices should remain stable, as they were in 2009, despite a belief that during the first half a hard market turn was on the way, Marsh brokerage said.

Florida Insurance Consumer Advocate Sean Shaw calls on lawmakers to reject the "Consumer Choice" bill aimed at property insurance.

Earthquakes bring to mind a number of issues: How likely is an earthquake to occur at any location? What is the amount of insurance coverage is there on property in a prone area? And what coverage is provided by such insurance?

The National Association of Insurance Commissioners has sent a letter to congressional leaders opposing the creation of a federal health choices commissioner.

The National Association of Insurance Commissioners said it wants to continue discussions with two state lawmaker groups that have criticized its national commission proposal.

By far the largest domicile with 590 captives, Vermont has licensed 15 captives this year (11 pure, one branch and three RRGs) with four pending, said Deputy Commissioner Leonard Crouse, "right on par" with last year.