John Talley, Missouri's longtime top captive insurance company regulator, will be retiring at the end of March and will start his own captive consulting firm. Mr. Talley joined the Missouri Department of Commerce and Insurance in 2015 and is its captive program manager.
The Captive Insurance Companies Association (CICA) has announced the three finalist teams in its "Using Captive Insurance To Better Manage Risk, Improve Your Bottom Line" essay contest for college risk management and insurance students, sponsored by Strategic Risk Solutions.
Pinnacle Actuarial Resources Inc. has promoted Laura Maxwell to director and consulting actuary and Jordan Paszek to consulting actuary. Ms. Maxwell has been in the property-casualty insurance industry since 1987 and with Pinnacle since 2005, while Mr. Paszek has been with Pinnacle since 2015.
George Chaffee, who played a key role in the development and passage of Vermont's landmark captive insurance company statute in 1981 when he was commissioner of the state's Department of Insurance and Banking, died earlier this month. Mr. Chaffee was 82 and died of complications from Alzheimer's disease.
Independent insurance company manager Strategic Risk Solutions (SRS) has appointed Anna Pereira to the newly created position of senior vice president, insurance-linked securities (ILS). Ms. Pereira will take on her new role on March 1. Based in Bermuda, she will be responsible for supporting SRS's expansion in ILS and fund administration.