Tennessee Department of Commerce and Insurance (TDCI) Commissioner Hodgen Mainda is stepping down from his position on November 13. In his resignation letter to Tennessee Gov. Bill Lee, Mr. Mainda said that he is leaving to move to the private sector and to spend more time with his family.
Theresa Carpenter and Amit Hapani have joined Hylant Global Captive Solutions. Ms. Carpenter joins Hylant as senior captive consultant and manager, while Mr. Hapani joins as a chartered accountant. The practice has undergone a rebranding and has experienced extensive growth, due in part to the global COVID-19 pandemic.
The Vermont Captive Insurance Association (VCIA) has named Stephanie J. Mapes, director of the Burlington, Vermont-based law firm Paul Frank + Collins, chair of the association's board. Ms. Mapes has served on the VCIA's board of directors since 2018 and is a long-standing VCIA member.
International specialist insurer Hiscox Ltd. has appointed Kathleen Reardon CEO of Hiscox Re & ILS, subject to regulatory approval. Ms. Reardon, who will be based in Bermuda, will succeed Mike Krefta, who announced in August that he will be stepping down in early 2021.
The Tennessee Department of Commerce and Insurance (TDCI) has promoted veteran captive regulator Jonathan Habart to Captive Insurance Section assistant director. Mr. Habart, who has been with the TDCI since 2016, most recently was a TDCI captive insurance specialist.