The state of Vermont has passed a new bill in its captive insurance law, which has been signed in by governor Peter Shumlin...
US Senator Charles Schumer has reached a crucial bipartisan agreement on legislation that will reauthorise and extend the Terrorism Risk Insurance Act (TRIA) program, which is set to expire at the end of 2014...
The US Second Circuit Court of Appeals has ruled that the federal Liability Risk Retention Act (LRRA) categorically preempts a New York State statute that allows a direct action lawsuit against a risk retention group...
Connecticut insurance and business leaders are eagerly watching Senate Bill 188, which contains provisions updating the state’s captive laws, ensuring they remain on par with those of the top domiciles in the country...
The National Association of Insurance Commissioners (NAIC) has renewed its support for federal, state and international regulatory cooperation in its 2013 annual report...
The quarrel between the NAIC and New York insurance regulators as to how captives should be best overseen is creating an uncertain regulatory environment, said Fitch Ratings...
Connecticut’s insurance department has put forward Senate Bill 188: An Act Concerning Captive Insurance Companies (SB 188), in order to adjust the current captive legislation...
