The high cost of collateral is pushing more captive owners to leverage their facilities' financial assets to offset the expense, several captive experts say. Captives more often are using their assets, such as cash premiums paid into the facility or money ... [full story]

A consulting firm is warning that financial firm risk managers face increasing peril from fraudulent claims on behalf of bankrupt companies. The activity is detailed in a study “Risky Business: Financial Firms Face Wave of Fraudulent Transfer Claims,” released by ... [full story]

WASHINGTON—A coalition of property/casualty insurers has written the chairman of the Senate Banking, Housing and Urban Affairs Committee asking that the property/casualty industry not be subject to “bank-centric” financial services regulation. In a letter sent Tuesday to Sen. Chris Dodd, D-Conn., ... [full story]

When Staff Sergeant Corey Mason wants to deposit a check, he doesn't use an ATM, a teller at a branch, or even a stamped envelope and deposit slip. Rather, the 37-year-old GPS systems specialist takes a picture of the check ... [full story]

Lincoln National Corporation has enhanced its Lincoln Unifier® service offering to further assist employers meet the administrative challenges of bringing retirement plans into compliance with the new 403(b) regulations. Lincoln Unifier® includes common remitter administration, compliance monitoring and ... [full story]

MAXIMUS Tax Credit and Employer Services, a division of MAXIMUS, Inc., and Jobs2Web Inc., a Web 2.0 interactive recruiting solutions provider, have announced an alliance enabling Jobs2Web customers to leverage MAXOutreach™, a community-based compliance solution provided by MAXIMUS, as a ... [full story]

WOODWARD, Okla., Feb 16, 2010 (BUSINESS WIRE) -- Maintaining momentum in its renewable energy investing, GE Energy Financial Services, a unit of GE /quotes/comstock/13*!ge/quotes/nls/ge (GE 16.16,  0.01,  0.06%) , announced today it had made an equity investment in a wind ... [full story]

Hold onto your wallet. Prospects are strong that Washington will shrink the budget deficit and pay for health care reform by raising your taxes somehow over the next few years. “There’s probably no doubt that income taxes ... [full story]

The head of MarketScout, the electronic insurance exchange, said the firm’s composite rate index for property and casualty insurance was down 4 percent at the close of calendar-year 2009, but he predicted an upswing for this year. The Dallas-based firm said ... [full story]

Directors and officers liability coverage for financial institutions may soften next year as more capacity enters the market, but few decreases are expected at the looming Jan. 1, 2010, renewals, brokerage Willis Ltd. said in a report released Monday. Financial institution ... [full story]