Xuber has become the first company to achieve Aia Softwares new ITP for status, which is Aias highest channel accreditation.

Every risk financing alternative, with the possible exception of guaranteed cost insurance, has benefits and risks. A risk manager must be prepared to make an informed decision regarding whether, and how, an organization should embark on the path of forming a captive.

Peoria, Ill.-based specialty insurer RLI Corp. says second quarter net earnings rose 21 percent due to spring storm losses costing $3 million less than last year.