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Affinity Agency Group LLCInsurer(s): Zurich.Insurance offered for: Golf courses, country clubs.Special coverages provided: Liquor liability insurance,…

Armed with a brand new captive law, New Jersey’s captive insurance association today announced the formation of an advisory board and a logo.

Governor Chris Christie signed into law legislation that enables New Jersey to license and regulate captive insurance companies, creating a new industry in the state.

Construction-insurance pros see some signs for market improvements in 2012 and 2013, as the economy recovers and projects continue in key industries, such as health care and education. A second round of stimulus funding would also help.

Is a construction defect an occurrence covered by a commercial general liability policy? That’s the key question for homebuilders and contractors facing Chinese drywall damage claims. The insurance and liability issues are becoming increasingly complicated by conflicting state court rulings over the lingering coverage question.

Governor Chris Christie signed into law legislation that enables New Jersey to license and regulate captive insurance companies, creating a new industry in the state.

The New Jersey captive law, slated to be signed any day by Gov. Chris Christie, could create jobs in the state without the burden of creating a whole new infrastructure, according to captive experts.

The Toa Reinsurance Company of America, the Morristown, N.J.-based subsidiary of Tokyo-headquartered Toa Reinsurance Company Ltd., announced that Edward J. Stanco has been appointed as its chief