December 11, 2013: News from NC on the 1st North Carolina Captive Insurance Conference: "The NC Captive Insurance Association (NCCIA) joined with the NC Department of Insurance to host the associations 1st Educational Conference in Raleigh on December 10, 2013. Opening the Conference NC Commissioner of Insurance Wayne Goodwin announced 'North Carolina is open for business.' " [Download full story]
December 9, 2012: Group Led By Insurance Industry Veteran Brian Duperreault To Acquire S.A.C. Re, Ltd. Company To Be Renamed Hamilton Re, Ltd.; Hamilton Will Bring Technology and Data Analytics Expertise to the Insurance Industry.
December 5, 2013 Captive domicile / member news: Atlas Insurance Management Approved as Captive Insurance Manager in NC.
December 3, 2013: JLT Towner Insurance Management Acquires Charter Risk Management; Thomas F.X. Hodson to Head Connecticut Office.
December 3, 2013: IRMI RELEASES NEW THIRD EDITION OF DESIGN-BUILD RISK AND INSURANCE RESOURCE
November 25, 2013 Domicile/Conference Update: TCIA Hosts Third Annual Conference to Rave Reviews. Commissioner McPeak provides keynote, applauds industry growth.
November 25, 2013 Domicile/Regulatory news from the Bermuda Monetary Authority: KEY GLOBAL TRENDS AND INFORMATION ISSUED IN NEW BERMUDA INSURANCE LINKED SECURITIES (ILS ) MARKET REPORT. [Download includes full report along with the press release]
November 22, 2013 Captive Ratings: A.M. Best Withdraws Ratings of National Contractors Insurance Company, Inc., A RRG.
November 21, 2013 Captive industry movers and shakers: Healthcare Providers Insurance Company RRG Appoints Alasdair Roe as COO.
November 20, 2013 Recent A.M. Best Captive Ratings:
November 18, 2012 Captive Ratings: A.M. Best Affirms Ratings of the Housing Authority Insurance Group Members. [Also available in printable format]
November 18, 2012 Legislative and Regulatory news: Special Communication from SIIA: Future of TRIA Captives Remains Uncertain.
November 14, 2013 Captive Ratings: A.M. Best Upgrades Ratings of Bison Insurance Company Limited. [Printable version]
November 13, 2013: SIIA Supports Legislation Protecting Self-Insured Health Plans.
November 12, 2013 Risk Retention Group ratings: A.M. Best Downgrades Ratings of Indemnity Insurance Corporation, RRG. [Printable version]
November 7, 2013 Captive Ratings News: A.M. Best Affirms Ratings of Agrinational Insurance Company and ADM Insurance Company. Also see [Printable version]
November 6, 2013: Towers Watson Completes Sale of Its Reinsurance Brokerage Business. Focus continues on risk consulting, software and other services for insurance industry.
October 25, 2013 Captive Ratings: A.M. Best Affirms Ratings of Prism Assurance, Ltd. [Also available in downloadable format]
'October 25, 2013: Missouri Department of Insurance recruits private sector property and casualty actuary. Deloitte consultant Julie Lederer joins department.
October 24, 2013 Captive Domicile News: North Carolina Enters the Captive Insurance Market.
October 23, 2013: A.M. Best Affirms Ratings of The Hamilton Insurance Corp. [Printable format]
October 23, 2013: A.M. Best Affirms Ratings of BNY Trade Insurance, Ltd. [Printable format]
October 22, 2013 Domicile News: Guernsey signs 'FATCA' Agreement with the UK. [Also available in printable format]
October 22, 2013 Captive Movers and Shakers: Lawrence Cook Joins IMA, Inc. as Vice President of Risk Management.
October 10, 2013 Captive Association News: CONNECTICUT CAPTIVE INSURANCE ASSOCIATION APPLAUDES THE LICENSING OF THE STATE’S LATEST CAPTIVE INSURANCE COMPANY.
October 10, 2013 Captive Domicile News: South Carolina Department of Insurance welcomes Jay Branum as Director of Captives.
October 10, 2013 Captive Association News: Vermont Celebrates 1000th Licensed Captive Insurance Company. Nine Independent Non-Profit Hospitals Form Milestone Captive.
October 10, 2013 Captive Domicile News GOV. MALLOY: NY-BASED GROCER ESTABLISHES CAPTIVE INSURANCE SUBSIDIARY IN CONNECTICUT. Red Apple Risk, Inc. Is CT’s 3rd Licensed Captive Insurer.
October 9, 2013 Captive Ratings: A.M. Best Assigns Ratings to Cedar Court Indemnity Company [Download printable format]
October 7, 2013 A.M. Best Captive Ratings: A.M. Best Downgrades and Removes From Under Review Ratings of American Safety Risk Retention Group, Inc. [printable format]
October 1, 2013 A.M. Best Upgrades Ratings of Coastal Medical Insurance Ltd.
September 27, 2013 A.M. Best Affirms Ratings of the Members of Nonprofits Insurance Alliance Group
Septemb er 26, 2013 A.M. Best Affirms the Ratings of Park Assurance Company
September 20, 2013 Wolf of Wall Street Comes to Cayman.
September 20, 2013 JLT to Acquire Towers Watson Reinsurance Brokerage Business.
September 20, 2013 Captive Ratings: A.M. Best Affirms Ratings of Casiopea Re S.A. [Printable format]
September 20, 2013 Captive ratings: A.M. Best Assigns Ratings to NCMIC Risk Retention Group, Inc. [Printable pdf version]
September 19, 2013 Association News: Risk managers must be stakeholders in cyber risk management
September 19, 2013 LISA H. HARRINGTON JOINS IRMI AS VICE PRESIDENT OF MARKETING AND SALES
September 17, 2013 Captive Ratings: A.M. Best Assigns Ratings to LAMMICO RRG, Inc. [Printable pdf version]
September 16, 2013 Domicile Update: Captive Insurers in Hawaii Reach $14 Billion in Assets. Total economic impact for 2013 forecasted at $45 million.
September 16, 2013 Association News: Risk managers must be stakeholders in cyber risk management
September 16, 2013 : LISA H. HARRINGTON JOINS IRMI AS VICE PRESIDENT OF MARKETING AND SALES [This news also available in printable format]
September 12, 2013 Captive industry movers and shakers: Wilmington Trust Adds Joanne Shaver to Captive Services Team in Delaware. [Includes photo]
September 11, 2013 Captive domicile news: Guernsey’s finance industry shows stability in Q2, signs of growth in Q3. [Printable version]
September 10, 2013 Captive association news: VCIA Annual Conference Grows. Association welcomes three new Board members, presents awards. [Printable version]
September 6, 2013 Captive industry news from a friend of captive.com: Capterra Risk Solutions Is Launched.
August 30 Captive Ratings News: A.M. Best Downgrades Ratings of National Contractors Insurance Company, Inc., A RRG.
August 29, 2013 Captive Ratings News: A.M. Best Affirms Ratings of Dorinco Reinsurance Company.
Aug. 29, 2013 Captive.com Sponsor News: Randall & Quilter Acquires Woodcroft Insurance Company Limited (“Woodcroft”), a Guernsey domiciled captive insurer.
Aug. 28, 2013 Captive Ratings News: A.M. Best Assigns Ratings to Mountain States Healthcare Reciprocal Risk Retention Group. [This story also available in printable format]
August 22, 2013 Captive Ratings News: A.M. Best Withdraws Ratings of Attorneys Insurance Mutual of the South, Inc. RRG. Also available in printable format]
August 22, 2013 Risk management news from FERMA: Risk management is prioritised as never before - some weaknesses remain.
August 20, 2013 Captive.com Member News: Atlas Hires Two Senior Managers in Cayman and North Carolina. [Also available in Printable format]
August 19, 2013 News from Cayman: CSX issues new listing rules.
August 14, 2013 Captive Ratings: A.M. Best Assigns Ratings to Community Hospital Alternative for Risk Transfer (A Reciprocal Risk Retention Group).
August 13, 2013: Kane launches new cat bond platform with note issuance. Series 1-2013 Notes first issued by an SAC to be listed on Bermuda Stock Exchange.
August 12, 2013: A.M. Best Special Report: U.S. Captives Tightened Margins As Property Losses Spiked in 2012.
August 8, 2013 Captive Ratings News: A.M. Best Affirms Ratings of Eni Insurance Limited.
August 8, 2013 M&A news: IRMI Acquires Agribusiness and Farm Insurance Specialist (AFIS™) Certification Program
August 6, 2013 A.M. Best First Monday: Leading Analysts Discuss Rated Captives, US Health Insurers’ Expansion Abroad.
August 5, 2013 Captive.com movers and shakers: Harry Rodgers Joins USA Risk Group as VP of Business Development.
August 5, 2013 Missouri’s leadership in NAIC continues to grow. Department Director Huff named to chair of financial regulation standards and accreditation committee.
August 5, 2013: Guernsey licenses 46 international insurers in the first half of 2013. [Downloadable format]
July 30, 2013 Captive ratings: A.M. Best Places Ratings of S.A.C. Re, Ltd. Under Review With Negative Implications.
July 30, 2013 Captive domicile News: Cayman Captive Industry Hits All-Time High. Hits all-time high of US$13.5 billion in total premiums and US$82.8 billion in total assets as at 30 June 2013. These figures are up 52 per cent and five per cent respectively over the same period in 2012, which had been considered a banner year for growth in the industry...
July 29, 2013 Captive domicile news: BERMUDA RECORDS INCREASED INSURER REGISTRATIONS FOR FIRST HALF OF 2013 – NEW SPIsWRITE OVER $1 BILLION OF PROPERTY CATASTROPHE REINSURANCE.
July 25, 2013 Captive ratings news: A.M. Best Assigns Ratings to Grupo Mexicano de Seguros S.A. de C.V.
July 22, 2013 Captive insurance domicile news: TENNESSEE DEPARTMENT OF COMMERCE AND INSURANCE ANNOUNCES 20TH CAPTIVE LICENSE.
July 18, 2013 News from FERMA: FERMA discourages EU from compulsory schemes for catastrophe insurance.
July 16, 2013 Artex Express: An Artex Epigrammatic Example (aka: a concise captive case study).
July 11, 2013 SIIA Special Communication: The Future of TRIA Captives Dependent on Congressional Action.
June 28, 2013 Captive Ratings News: A.M. Best Upgrades Ratings of Transportation Property and Casualty Company
June 27, 2013 International association news: FERMA to accept international individual and corporate members.
June 26, 2013 Member news: Randall & Quilter Investment Holdings plc Acquisition. [Downloadable version]
June 25, 2013 Captive Ratings News: A.M. Best Affirms Ratings of Associated Electric & Gas Insurance Services Limited
June 21, 2013 Captive ratings news: A.M. Best Affirms Ratings of Delvag Luftfahrtversicherungs-AG and Its Subsidiary. [Printable version]
June 21, 2013 Domicile Update from Guernsey: Guernsey’s finance industry shows growth across the board. [Printable version]
June 21, 2013 Domicile Legislative Update: North Carolina Governor McCrory Signs NC Captive Insurance Act into Law. [Printable version]
June 20, 2013 Legislative News from VT: Vermont Captive Insurance Legislative Amendments Signed Into Law.
June 19, 2013 Member news: Dick Marshall named the AZCIA 2013 Crystal Cactus Award winner. Our congratulations to Dick on this well-deserved award. [Downloadable press release]
June 19, 2013 Captive Ratings News: A.M. Best Affirms Ratings of Radius Insurance Company
June 18, 2013 Breaking Member News: Jeff Kenneson Joins Strategic Risk Solutions. [Downloadable version]
June 17, 2013 Domicile News: Texas Captive Insurance Association Formed.
June 17, 2013 Member News: Have A Few Minutes? Brown Smith Wallace Introduces Strategic Cost-Saving Opportunities in Video Series. Firm Launches Brown Boarding Business Series to introduce busy executives to strategies that can strengthen the bottom line.
June 14, 2013 Domicile news: Cook Islands Passes Captive Insurance Act.
June 14, 2013 A.M. Best Captive Ratings News: A.M. Best Revises Outlook to Positive for The Mutual Risk Retention Group, Inc.
June 11, 2013 live from Bermuda: Top Risk Advisor Provides Strategies for Volatile Risk Landscape at Bermuda Captive Conference.
June 10, 2013 European Association News: FERMA executive manager elected to association's board (Photo included).
June 7 Breaking Captive Legislative News: Tennessee Governor Haslam has signed new protected cell legislation, which was passed unanimously by both houses of the Tennessee General Assembly. [Download full story]
June 6, 2013 A.M. Best Captive Ratings Reports (yesterday and today, all 3 in downloadable format)
June 3, 2013 Association News from FERMA: Insurance law can be an enterprise issue. [Note: Story includes a link to a FERMA Position Paper on the 2013 Ernst & Young study on co(re)insurance practices - The future review of the block exemption regulation]
June 3 A.M. Best Captive Ratings [printable formats]:
May 31, 2013 Captive industry movers and shakers: PERFORMA CONTINUES GLOBAL EXPANSION, ADDS HEAD OF CLIENT SERVICE TO LEADERSHIP TEAM.
May 24, 2013 A.M. Best Captive Ratings: A.M. Best Revises Issuer Credit Rating Outlook of Nuclear Electric Insurance Ltd. [Printable pdf version]
May 23, 2013 A.M. Best RRG rating: A.M. Best Revises Outlook to Stable for ALPS Property & Casualty Insurance Company dba Attorneys Liability Protection Society, A RRG. [Printable version]
May 23, 2013 A.M. Best Captive Ratings: A.M. Best Affirms Ratings of The American Road Insurance Company. [Printable version]
May 22, 2013 A.M. Best Captive Ratings:
May 20, 2013 Domicile News: BERMUDA MONETARY AUTHORITY ANNOUNCES SENIOR MANAGEMENT TEAM REALIGNMENT. Restructuring Balances Greater Supervisory Effectiveness with Facilitating New Business for Bermuda.
May 17, 2013 A.M. Best Captive Ratings:
May 17, 2013 Captive.com member news: SPARTA Insurance Announces Tom Colosi as Chief Underwriting Officer
May 16, 2013 A.M. Best Captive Ratings: A.M. Best Affirms Ratings of The Medical Protective Company and Its Affiliates.[Printable format]
May 15, 2013 Domicile news: Guernsey’s Chief Minister voices support for greater global tax transparency. [Includes photo] [Printable format]
May 13, 2013: Captive Domicile News: Guernsey signs DTA with Luxembourg. [Printable format]
May 10, 2013 Captive Association News: North Carolina Captive Insurance Association (NCCIA) Formed. [Downloadable version of this news]
May 7, 2013 Captive domicile news: CONNECTICUT CAPTIVE INSURANCE ASSOCIATION ANNOUNCES “CAPTIVE INSURANCE DAY AT THE CAPITOL” [Also available in printable format]
April 25, 2013 Legislative News: SIIA Opposes CA Bill Stifling Self-Insurance.
April 24, 2013 Domicile News: Guernsey signs DTA with Hong Kong. [downloadable format]
April 24, 2013 Domicile News: Missouri Department of Insurance Announces Leadership Changes.
April 23, 2013 Domicile News: BERMUDA BUSINESS DEVELOPMENT CORPORATION MERGER COMPLETED.
April 22, 2013 Domicile News: BERMUDA’S NEW INSURER REGISTRATIONS INCREASE FOR FIRST QUARTER. 13 registrations recorded in Q1 2013 – includes five new captives.
April 19, 2013 Captive News from Cayman, especially delightful in light of yesterday's news on the top OECD grade given to Cayman: CAYMAN CAPTIVE INDUSTRY LAUNCHES NEW BRAND AT RIMS 2013.
April 18, 2013 Domicile News from Bermuda: BERMUDA MONETARY AUTHORITY ESTABLISHES NEW TOP SUPERVISOR ROLE.
Bermudian Craig Swan Named as Managing Director, Supervision. [Photo of Craig Swan]
April 18, 2013 Domicile news from IMAC: OECD GIVES CAYMAN TOP GRADE.
April 15, 2013 technology and captives: Volkswagen Insurance Company upgrades insurance administration platform to Eurobase's synergy2.
April 12, 2013 Legislative Update: Governor Haslam Signs Bill Strengthening Tennessee Captive Law.
April 12, 2013 NRRA News: NINTH CIRCUIT COURT RULES IN FAVOR OF RISK RETENTION GROUPS IN NEVADA CASE -- A VICTORY FOR THE INDUSTRY. Raw data: Download the court's decision in full here. We have included this link on the Legislative & Regulatory page.
April 12, 2013 risk management education news: Bill Sleeper Scholarship Program Established by Sleeper Sewell Insurance Services
April 12, 2013 Domicile News from Guernsey: OECD endorses Guernsey’s tax standards. [printable format]
April 8, 2013 NEW IRMI INSURANCE CASE FINDER RELEASED. Online knowledgebase of appellate-level insurance coverage cases.
April 5, 2013 Ratings News: A.M. Best Withdraws Ratings of United Contractors' Insurance Company Incorporated A RRG.
April 5, 2013 CAYMAN TAKES HOME TOP PRIZE FROM CICA.
April 5, 2013 SIIA opposes Colorado stop-loss bill -- State bill would harm small business health plans.
April 5, 2013 Captive Domicile News: Utah's Captive Insurance Division Launches New Captive Website.
April 3, 2013 CAYMAN MOVES FORWARD WITH FATCA COMPLIANCE.
April 2, 2013 Captive Regulatory News: Cayman Creates Incorporated Cell Companies
April 2, 2013 Guernsey signs DTA with Qatar.
April 1, 2013 SIIA Special Communication: Re-Organization Positions Association to Expand Its Political Influence
March 29, 2013 A.M. Best Captive Ratings:
March 28, 2013 Domicile News: BERMUDA INSURANCE SECTOR ACHIEVES STRONG RESULTS IN TOUGH
March 22, 2013 Captive ratings News: A.M. Best Affirms Ratings of Risk Reinsurance Limited.
March 20, 2013 Captive ratings: A.M. Best Assigns Ratings to Palms Insurance Company, Limited.
March 19, 2013: FERMA: All insurance buyers should have a right to information from their intermediary.
March 8, 2013 Domicile News: Appointment of new Director General of the Guernsey Financial Services Commission. [Printable format]
March 1, 2013 Captive Ratings news: A.M. Best Affirms Ratings of the Housing Authority Insurance Group Members. [printable format]
February 25, 2013 SPARTA Insurance Announces Ralph Jones as Chief Executive Officer and Brian First as President and Chief Operating Officer. [includes photos]
February 25, 2013 A.M. Best Captive Ratings: A.M. Best Assigns Ratings to Marble Reinsurance Corporation.
February 21, 2013 Captive news from Guernsey: Barclays Wealth and Investment Management in Guernsey boosts captive insurance capabilities with new appointment. [Includes photo]
February 18, 2013 Captive Ratings: A.M. Best Affirms the Ratings of Gateway Rivers Insurance Company.
February 15, 2013 Dodd-Frank NRRA Coalition news: TCIA Joins Captive Industry Coalition.
February 12, 2013 A.M. Best Captive Ratings: A.M. Best Assigns Ratings to Bearing Midwest Casualty Company and Horizon Midwest Casualty Company. [Printable pdf version]
February 11, 2013 Association News: Coalition Launched to Help Protect Employer Self-Insurance Options
February 7, 2013 Association/captive education news: SIIA’s Captive Insurance Solution to Promote Growth of Employee Benefits Group Captives
February 7, 2013 Captive insurance association news: CONNECTICUT CAPTIVE INSURANCE ASSOCIATION ANNOUNCES KEY NEW MEMBERS
February 6, 2013 Captive movers and shakers: Hanover Stone Partners Names Barbara Casanova and Edward Molloy as Senior Risk Advisors.
February 6, 2013 Domicile News: Christie Administration Announces Arrival of State’s Newest Captive Insurance Company from Vermont.
February 5, 2013: Demotech President Joseph Petrelli named alternate director for AMCOMP.
February 1, 2013 Captive ratings news: A.M. Best Affirms Ratings of Queen City Assurance Inc. and Vine Court Assurance Inc. [Printable format]
Feb. 1, 2013: Association News: CICA Joins Coalition for Captive Insurance Clarity (CCIC).
Jan. 29, 2013 Domicile News: BERMUDA MONETARY AUTHORITY SETS OUT REGULATORY PRIORITIES FOR 2013 IN LATEST BUSINESS PLAN.
January 28, 2013 Member news: Atlas Insurance Management Introduces Crisis Communications Preparedness Service. "Atlas Insurance Management has engaged Anne Klein Communications Group, LLC, as part of a new and unique communications service to the captive insurance companies participating in its risk pool, the Atlas Reinsurance Exchange..." [Download full story]
January 25, 2013 Captive Domicile News: Guernsey licences nearly 100 international insurers in 2012. "The Guernsey Financial Services Commission (GFSC) licensed 97 new international insurers during 2012..." [Web format] [Printable pdf]
January 25, 2013: The National Association of Insurance Commissioners (NAIC) has named its 2013 committee chairs and vice chairs, and assigned members to the organization’s standing committees. We are delighted to note that several important committee chairs hail from states that have captive legislation, or were formerly employed by states that license captives. This is good news for our industry. [Full story including links to full list on NAIC website]
January 23, 2013 Captive Ratings News: A.M. Best Affirms Ratings of Third Point Reinsurance Company Ltd.
January 22, 2013 Domicile News: BANNER YEAR FOR CAYMAN CAPTIVES
January 22, 2013 Captive industry merger news: CRUSADER AND LIONHEART HAVE A 20-YEAR "ADVANTAGE"
January 21, 2013 Domicile News: Bermuda registers 53 new insurers. Special Purpose Insurers Expand.
January 16, 2013 Domicile News: Captive Statistical Data: 2012 Steady for New VT Captive Insurance Formations. Construction and Manufacturing Captives Trending Strongly. [Story also available in printable pdf
January 16, 2013 Captive professionals on the move: Risk Partners Welcomes Tripp Craig. Company builds out specialty placement programs for middle market businesses.
January 16, 2012 Captive Association Statistical Data: Montana Captive Domicile Grows by Nearly 25 Percent in 2012.
January 15, 2013 Member News: Martin Hughes, ACII, has joined Artex Risk Solutions as Division Senior Vice President – Underwriting.
January 14, 2013 NRRA News: GAC MEMBERS LEAD WEBINAR ON CRITICAL ISSUES FACING RRGs.
January 11, 2013: Captive mergers and acquisitions: Randall & Quilter Investment Holdings plc Acquires Hickson Insurance Limited.
January 11, 2012 Member News: Kane announces new US Managing Director. Carlos A. Oliveras to head up Kane (USA), Inc.; Stephen B. White named Business Development Director for US and Canadian operations.
January 4, 2013 Captive Ratings News: A.M. Best Affirms Ratings of ASSA Compania de Seguros, S.A. and Lion Reinsurance Company Limited.
January 4 2013 - More movers and shakers among captive.com member companies: Rod Morris Joins R&Q Quest Management Services USA as Senior Vice President
January 4, 2013 Captive.com Member Press Release: William "Bill" Hodson Joins USA Risk Intermediaries, LLC. as Executive Vice President. [Downloadable pdf version]
January 3, 2013 Domicile/Regulatory News: Commissioner Stewart Takes Action On Workers’ Compensation Insurance Rates.
December 21, 2012 Captive.com Gold Member News: Randall & Quilter Acquires LINPAC Insurance Company Limited.
December 20, 2012 Captive Ratings News: A.M. Best Withdraws Ratings of Guilderland Reinsurance Company.
December 19, 2012 Captive Association News: Connecticut Captive Insurance Association Announces New Annual Memberships.
December 18, 2012 A.M. Best Captive Ratings: A.M. Best Affirms Ratings of Bison Insurance Company Limited
December 14, 2012: A.M. Best Affirms Ratings of Bison Insurance Company Limited
December 13, 2012 member news: SPARTA Insurance Announces Mario Chiappetti as Senior Vice President of Professional Lines.
December 13, 2012: Mike Mead Named New Editor of Captive Insurance Company Reports. [Printable pdf version also available from press release]
December 12 2012 Regulatory News from Guernsey: Guernsey’s zero-10 corporate tax regime has been given the final seal of approval by the EU.
December 11, 2012 Captive Association/Regulatory News: DCIA Joins Captive Industry Coalition.
December 11, 2012 Captive Association News: THE CONNECTICUT CAPTIVE INSURANCE ASSOCIATION ELECTS FOUR NEW MEMBERS TO ITS BOARD OF DIRECTORS
December 11, 2012 Good News from Cayman: Cayman Insurance Industry Thriving - CIMA.
November 30, 2012 ART regulatory news from SIIA: Stop-Loss Insurance Regulatory Proposal Stalls at NAIC Meeting.
November 28, 2012: SRS Maintains High Customer Satisfaction Ratings.
November 20, 2012: Legal Fight Continues as Tax Could Rise Significantly On Michigan Self-Insured Employers.
November 19, 2012: Congress should insist on risk transfer before raising NFIP borrowing cap.
Movember 15 legislative/regulatory news: Coalition Launched to Address NRRA Confusion on Captive Insurers. Captive Insurance Industry to Back a Legislative Solution.
November 1, 2012: Randall & Quilter Completes Acquisition of Capstan Insurance Company. R&Q's fourth captive acquisition in 2012; third in Guernsey.
October 29, 2012: Delaware DOI Reschedules Public Information Sessions
October 29, 2012 A.M. Best Captive Ratings:
October 26, 2012 FERMA news: Plan for European certification of risk managers by Sept 2013, Ferma says.
October 24, 2012 A.M. Best Captive Ratings: A.M. Best Affirms Ratings of Members of Nonprofits Insurance Alliance Group.
October 23, 2012 Captive domicile News: Guernsey adds 100+ international insurers in 12 months. [pdf version]
October 22, 2012 FERMA Benchmarking Survey Results: Risk management is linked to better corporate performance, FERMA survey finds.
October 15 Captive Ratings News: A.M. Best Ratings News: A.M. Best Affirms Ratings of Rembrandt Insurance Company, Ltd.
October 12, 2012 News from Tennessee: Gov. Haslam to headline second annual captives insurance summit.
October 9, 2012 Captive Ratings News: A.M. Best Affirms Ratings of Greenlight Reinsurance, Ltd.
October 9, 2012 Domicile News: FATCA approach provides certainty, says Guernsey Finance [article includes photo and downloadable pdf version]
October 8, 2012 Sponsoring Member News: Randall & Quilter Investment Holdings plc Acquires RAB Insurance Limited.
October 8, 2012 regulatory news from CT: Risk Management Specialist to Lead Connecticut Captive Regulatory Unit. [Use this link for downloadable pdf]
October 4, 2012 - FIRST INSURANCE COMPANY OF HAWAII ACQUIRES ALLIANCE CAPTIVE INSURANCE SERVICES ASSETS.
October 4, 2012 Association News: More than 800 respond to 2012 Benchmarking Survey. Results to be announced at upcoming seminar.
October 3, 2012 member news: Spring Consulting Group has received its 4th patent for a new method of funding pensions through a captive. Our congratulations to Karin Landry and all our friends at Spring Consulting Group! [More on this story]
October 2, 2012 - A.M. Best Comments on the Ratings of MS Frontier Reinsurance Ltd.
October 1, 2012 Association news: Captive Insurance association news: Connecticut Captive Insurance Association Touts Upcoming Symposium.
October 1, 2012 Domicile News: Oregon open to captive insurers. "Oregon is now officially open for captive insurance business. Businesses that may be thinking about forming their own insurance subsidiary in Oregon or relocating here from another state can find details..." [Download full story]
October 1, 2012- Congratulations to our friends at Captiva Managers on this exciting news: Caledonian Insurance Services merges with Captiva Managers.
October 1, 2012 - Roundstone Management, Ltd. and Nationwide Life Insurance Company Announce Managing General Underwriter Agreement.
September 26, 2012 News from Guernsey: Guernsey moves up rankings of global finance centres.
Guernsey has been ranked 28th in the latest Global Financial Centres Index (GFCI) moving up three places from the last report (which was published in March this year) and alongside Jersey, is considered a “leading offshore centre." [Download press release]
September 17, 2012 - We just learned about two additional rewards we'd like to share:
- Captive Review has nominated the West Virginia Workers’ Compensation Consortium (WVWCC) for its 2012 Innovation in Captive Management Award and Group/Association Captive of the Year. Congratulations to Roundstone and WVWCC on this award! [Download full story]
- And Beecher Carlson Wins 2012 Captive Manager Of The Year. Congratulations to our friends at Beecher Carlson! [Download full story]
September 14, 2012 FERMA news: Board changes at the Federation of European Risk Management Associations. "Isabel Martinez, a member of the Spanish risk management association AGERS, has become a member of the board of the Federation of European Risk Management Associations (FERMA). She replaces Igor Mikhaylov who has resigned because of work commitments. Isabel had been elected a board substitute at the FERMA annual general meeting in June 2012..." [full story]
September 14, 2012 A.M. Best Captive Ratings: A.M. Best Assigns Ratings to Sorford Surety Insurance Company, Ltd.. "A.M. Best Co. has assigned a financial strength rating of B (Fair) and issuer credit rating of “bb+” to Sorford Surety Insurance Company, Ltd (Sorford) (Hamilton, Bermuda). The outlook assigned to both ratings is stable..." [Full story] [Downloadable version]
September 7, 2012 News from Milliman: Stephen A. White Elected President and Chief Executive Officer of Milliman. " Milliman, one of the premier global consulting and actuarial firms, today announced the election of Stephen A. White as president and chief executive officer. The appointment is effective immediately. Milliman's board of directors made the announcement, acting to confirm the results of a vote by the privately held firm's principals..."
September 7, 2012 Guernsey signs TIEAs with Italy and Latvia. "Guernsey has signed Tax Information Exchange Agreements (TIEAs) with Italy and Latvia. The bilateral agreements were signed on Thursday 6 September and they mean that Guernsey has now signed a total of 37 TIEAs..." [Full story]
September 4, 2012 Missouri insurance director named chair of national solvency modernization initiative. Panel focuses on ever-changing role of solvency regulation.
August 31, 2012 VCIA Annual Conference Grows, and Association Welcomes 2 New Board Members. "The Vermont Captive Insurance Association's recent Annual Conference in Burlington, Vermont reached new heights in terms of sponsorship levels; and conference attendance rose above last year's mark, reaching nearly 1100 participants...." [Full story]
August 31, 2012 A.M. Best’s Global News Roundup: Interviews With Leading Editors on Insurance Topics of Interest Around the Globe. "A.M. Best Co. is pleased to release the August edition of the monthly video series Global News Roundup, providing video interviews with three leading editors from around the globe who chronicle the reinsurance and insurance sectors..." [Full story]
August 30, 2012 News from IRMI: CRIS Program Now Offers CPE Credit for CPAs. "International Risk Management Institute, Inc. (IRMI®), and WebCE®, Inc. are pleased to announce that the Construction Risk and Insurance Specialist (CRIS®) program now offers continuing professional education (CPE) credit for certified public accountants (CPAs) in most states..." [Download full story]
August 24, 2012: New program announcement: Artex Announces New Warehouse & Logistics Program.
August 24, 2012 Captive domicile update: Commissioner Stewart Announces the Transfer of $250,000 to the City of Wilmington as a Result of Delaware Captive Surplus.
August 23, 2012 Captive ratings news: A.M. Best Affirms Ratings of Dorinco Reinsurance Company.
August 22, 2012 financial stability ratings news: Demotech Affirms the Financial Stability Rating® Assigned to Farmers Mutual Relief Association. "The Financial Stability Rating® (FSR) of A, Exceptional, assigned to Farmers Mutual Relief Association has been affirmed by Demotech, Inc. This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing...."
August 21, 2012 Captive.com Member news: Senior promotion and key appointments at Kane USA.
August 16, 2012 Captive.com member/sponsor news: Matthew Holycross Joins Taft Companies Following John Weitzel’s Retirement.
August 13, 2012: Regulatory Updates from SIIA: Focus on summer NAIC meeting reports
- Model RRG Act Could Become an Accreditation Standard. "The regulation of risk retention groups was major item of discussion at the NAIC summer meeting over the weekend in Atlanta, with several specific issues addressed. The following is a recap of meeting discussions prepared exclusively by the Self-Insurance Institute of America (SIIA)...[Full story]
- Stop Loss Attachment Regulation Triggers Debate at NAIC Summer Meeting -- NAIC Defers Action on Stop-Loss Regulatory Proposal. "State regulators continue to focus on stop-loss attachment regulation but a key NAIC working group today put off a vote on approving proposed "guideline revisions" to the current stop-loss model act intended to restrict the ability of smaller employers to obtain stop-loss insurance, citing the need to study the proposal further..." [Full story]
August 10, 2012 Captive News: Stasi to Head York Alternative Risk Solutions.
August 9, 2012: CapVisor Associates, LLC names Joseph LoPorto Managing Director and Senior Consultant, Insurance Investment Advisory.
August 7, 2012 A.M. Best’s Leading Analysts Explore Rated US Captives, the Lloyd’s Market and Fixed-Annuity Reinsurance.
August 6, 2012: CapVisor Associates, LLC names Joseph LoPorto Managing Director and Senior Consultant, Insurance Investment Advisory.
August 6, 2012 A.M. Best Special Report: Captives Feeling the Squeeze As Global Pressures Intrude.
August 2, 2012: GOV. MALLOY: THOMSON REUTERS ESTABLISHES CONNECTICUT'S FIRST CAPTIVE INSURANCE COMPANY.
August 1, 2012: News from International Center for Captive Insurance Education (ICCIE). An update on enrollments, new courses and webcasts, scholarship info, recent ACI graduates and more from our friends at ICCIE.