Fitch Rtgs: (Re)Insurers Earnings to Fall on California Wildfire Losses Jones said while some of these risks are being picked up by other admitted insurers, many of these consumers are being forced to purchase coverage through the FAIR Plan, the state's insurer of last resort, or the surplus...
Admitted Assets vs. Non-admitted Assets As the name suggests, non-admitted assets are assets prohibited by law from being admitted in the evaluation of the financial condition of a company. In short, they are not included in the annual financial statements as they have little to no value in...
Migration to admitted market worries surplus lines insurers; Executive urges non-admitted sector to get more creative.Bradford, Michael
Independent or affiliated: Which is the better choice? Stand-alone surplus lines insurers and units of large admitted companies each offer advantages.(Spotlight: Surplus Lines Market)GREENWALD, JUDY
New Law In N.Y. Makes Deferred Tax Assets Of Insurers Admitted Assets With Prescribed Limitations.Focuses on the law signed by governor George E. Pataki on deferred tax assets in New York. Revision on the treatment of deferred tax assets under the Insurance Law; Certain limitations of admitted...