IFAwebnews » captives

Second captive insurer instated in New Jersey

Jaime L. Brockway — Mon, 26 Dec 2011 13:30:58 +0000

New Jersey recently licensed its second captive insurance company, created by two medical centers under a law passed earlier in the year.

Second captive insurer instated in New Jersey via IFAwebnews.

D.C. captives group schedules annual conference Oct. 24-25

IFAwebnews Staff — Sat, 01 Oct 2011 09:08:40 +0000

The Captive Insurance Council of the District of Columbia (CIC-DC) 10th annual conference, featuring a variety of sessions, including a look at how the health reform law will affect professional liability coverage, is scheduled for Oct. 24-25 at the Madison in Washington, D.C.

D.C. captives group schedules annual conference Oct. 24-25 via IFAwebnews.

Lawley Insurance’s ‘planned, systematic growth’ moves it to Top 50 list

IFAwebnews Staff — Mon, 15 Aug 2011 11:42:21 +0000

Lawley Insurance, a regional insurance broker serving New York and New Jersey, was ranked for the first time among the Top 50 agencies in the country in this year’s annual listing in Business Insurance magazine, the company reported.

Lawley Insurance’s ‘planned, systematic growth’ moves it to Top 50 list via IFAwebnews.

New Jersey’s first captive insurer up and running

Jaime L. Brockway — Mon, 25 Jul 2011 09:59:01 +0000

New Jersey issued a certificate of authority, effective July 1, to its first captive insurance company, according to state insurance regulators.

New Jersey’s first captive insurer up and running via IFAwebnews.

New Jersey opens its arms to captive insurance companies

IFAwebnews Staff — Thu, 24 Feb 2011 18:30:14 +0000

New Jersey Gov. Chris Christie signed into law a bill permitting the state to become a domicile for captive insurance companies. The law takes effect in 90 days.

New Jersey opens its arms to captive insurance companies via IFAwebnews.

D.C. mayor names ‘seasoned insurance’ veteran to commissioner’s post

Bob Graham — Tue, 08 Feb 2011 11:28:04 +0000

New Washington, D.C., Mayor Vincent C. Gray named Bill White as his insurance commissioner, replacing Gennet Purcell.

D.C. mayor names ‘seasoned insurance’ veteran to commissioner’s post via IFAwebnews.

New institute for captive insurance services launched

Jaime L. Brockway — Fri, 29 Oct 2010 13:04:25 +0000

Capstone Associated Services announced the founding of The Institute for Captive Insurance Planning (ICIP), a nonprofit organization for advisers providing captive insurance services to middle-market companies.

New institute for captive insurance services launched via IFAwebnews.

Captive insurers’ net income doubles, pushed by investment gains

Bob Graham — Tue, 10 Aug 2010 12:51:59 +0000

U.S. captive insurers saw their net income double in 2009, compared to the prior year, driven primarily by the recovery of their investment portfolios, according to an A.M. Best Co. report.

Captive insurers’ net income doubles, pushed by investment gains via IFAwebnews.

Founder of N.J. insurance agency pleads guilty in District fraud case

Bob Graham — Tue, 27 Jul 2010 14:55:03 +0000

The founder of a Red Bank, N.J., a managing general agency has pleaded guilty to one count of insurance fraud in connection with fraudulent statements in an application to operate as a captive insurance company in Washington, D.C., according to federal prosecutors.

Founder of N.J. insurance agency pleads guilty in District fraud case via IFAwebnews.

Delaware welcomes Marathon Financial as latest captive insurer

IFAwebnews Staff — Wed, 26 May 2010 12:28:42 +0000

The Delaware Department of Insurance recently announced the re-domestication of Marathon Financial Insurance Co. from South Carolina as the state’s latest captive insurer.

Delaware welcomes Marathon Financial as latest captive insurer via IFAwebnews.