Utah's Captive Insurance Division has placed Caitlin Morgan Captive Services on its approved captive insurer management firm list.
The State of Montana has introduced a revised captive insurance bill that could allow inactive captives to apply for dormant statu
Ratings agency AM Best has revised its rating outlook of PMG Assurance (Bermuda), a captive insurance company for the Sony Group, to stable, and affirmed its financial strength rating of A-.
Dickinson Wright, a Tennessee-based law firm, has appointed Kevin Doherty as a member.
The Insurance Managers Association of Cayman (IMAC) has appointed Linda Haddleton, the managing director of Artex, as its new chairperson.
Bermuda has held on to its position as the domicile with the most active captive licenses, with 776 on its register as of December 31, 2016, according to new figures from the Bermuda Monetary Authority (BMA).
In January this year, Kroll Bond Rating Agency (KBRA) appointed Tina Bukow to the role of senior director – business development for its insurance ratings initiative.
Captive insurance can offer advantages to companies looking to protect their business against cyber threats, according to Steve Kinion, director of the Bureau of Captive and Financial Insurance Products at the Delaware Insurance Department.
Guernsey Finance has expanded its presence in the wider South East Asia region with the appointment of Christopher Chan as its first Hong Kong representative.
Safety National, a provider of alternative risk funding products and subsidiary of Tokio Marine Holdings, has introduced new captive services as well as a workers' compensation product to its offering.