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Captives report 66% drop in net income
U.S. captive insurers’ net income declined 66% last year, according to new research by A.M. Best Co. The ratings service report on 186 captives companies found that realized losses were $1.2 billion...
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Group wants FINRA’s ‘incestuous relationship’ with industry addressed
A government watchdog group has sent a letter to congressional committees in charge of financial oversight asking them to challenge the government’s reliance on financial self-regulatory organizations...
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