In the second in the Captive.com series on “Reinsurance Markets, Captives, and Generative Thinking,” author John Foehl suggests that over the past decade governance experts have focused on the “backward looking” roles of boards and not on the responsibility to advance the mission of the organization they serve.
The “A” rating of J.P. Morgan’s single-parent captive, Park Assurance Company (Park), has been affirmed by A.M. Best.
A new master's degree program at the University of Miami combining the science of the earth and ocean with analytical and statistical skills has been designed by professor Dennis Hansell, according to The Royal Gazette.
Beginning on September 2, a 3-day trial was held at the U.S. Tax Court in the case of RVI Guaranty Co. Ltd. and Subsidiaries v. Commissioner. The issue in the case is whether residual value insurance, which insures lessors against an unexpected loss in the value of property they lease, qualifies as insurance for federal tax purposes.
“Growing Your Captive in the Garden State” is the theme of the 1-day 2014 New Jersey Captive Summit that is being held at the Hyatt Regency in New Brunswick, New Jersey, Tuesday, September 30.
The North Carolina Insurance Department is planning to grow the number of its licensed captives to 40 by the end of the year, according to its recent press release. There are currently 12 North Carolina licensed captives, including five protected cell captives that have multiple cells.
A captive insurance company is an option for funding retiree benefits, Spring Consulting points out.
“A climate of stability. A wealth of solutions.” That is the theme of the 2014 South Carolina Captive Insurance Association (SCCIA) Executive Educational Conference being held September 22-24 at the Wild Dunes Resort, Isle of Palms, SC. More than 180 attendees have registered for the Conference.
The air was filled with optimism at the Connecticut Captive Insurance Association (CCIA) Symposium at what Anne Melissa Dowling, deputy commissioner of the Connecticut Insurance Department, described as the “Thinking Persons’ Domicile.”