The financial crisis has put the heat on Bermuda to increase transparency and supervision over captive formations, as the domicile works to attract new middle-market participants to maintain growth despite a soft commercial insurance market.
The insurance industry needs to give greater support to nascent minority insurance producers or risk losing ground to the direct markets in the future, a New Jersey agents association president said.
“Where was the risk management?” asked PRIMA’s outgoing president, Ron Hayes.Mr. Hayes, who lives and works as risk manager for the Calcasieu Parish School Board in ...
If you had a captive insurance company writing liability insurance for long-term care facilities in the early years of this decade, you had a good thing going.
Nearly 44 percent of small firms are operating without a business continuity strategy in case of disaster, and almost two-thirds have never even spoken to their insurance agents about contingency planning, a survey by Travelers revealed.
Nearly 44 percent of small firms are operating without a business continuity strategy in case of disaster, and almost two-thirds have never even spoken to their insurance agents about contingency planning, a survey by Travelers revealed.
PCMS, a provider of software and services for the property/casualty industry, introduced its ISO Business Owners Package (BOP) product for insurance carriers and their agents.