Captives

In the process of reforming the financial markets, Congress was unable to generate a solution that is more than a patch for the holes in the existing flawed model.

I spent several days in Orlando recently at the National Association of Insurance Commissioners (NAIC) Fall 2010 National Meeting.

Times are tough, insurance is competitive, and the independent agency business isn't what it used to be.

Property and casualty and life and health insurance companies worldwide are asking the Group of Twenty to differentiate their industries from banks in crafting measures designed to address systemic risk.

Property and casualty and life and health insurance companies worldwide are asking the Group of Twenty to differentiate their industries from banks in crafting measures designed to address systemic risk.

Florida has a high concentration of older residents and a history of being a place where some have gone to try to take advantage of others.

Brokers in all regions of the U.S. agreed that the commercial property and casualty market remains competitive, particularly for new business, and that insurers are still willing

A policy can be reformed if it can be proved that there was a mutual mistake about its terms. In granting reformation based on mutual mistake, a court does not create a new agreement, it only enforces the terms of the policy as the parties intended.