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Actuarial & underwriting
Rating agency AM Best has downgraded the ratings of Philmont Insurance Company, a captive of construction company Toll Brothers. 6 July 2015
Actuarial & underwriting
Re/insurer ACE has revealed plans to acquire The Chubb Corporation for $28.3 billion. 3 July 2015
Law & regulation
The Arizona Captive Insurance Association (AzCIA) has elected attorney Richard Amoroso as president. 2 July 2015
Law & regulation
Legislation which would omit captives from the Nonadmitted and Reinsurance Reform Act (NRRA) has been reintroduced to the US Senate. 29 June 2015
Law & regulation
Only a small number of organisations have used their captives to access the federal terrorism insurance backstop in the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) of 2015. 29 June 2015
Accounting & tax analysis
The Bermuda Business Development Agency (BDA) has targeted the US in its latest captive webinar. 25 June 2015
Law & regulation
North Carolina has recently signed into law a number of changes to the NC Captive Insurance Act. 25 June 2015
Accounting & tax analysis
Revenues jumped at Randall & Quilter (R&Q), the insurance services and investment company, in 2014, although it also made heavy losses driven by reserve deterioration. 23 June 2015
Law & regulation
A recent decision by the Montana Federal Court is now the leading global judicial authority on the subject of protected cell companies (PCC). 22 June 2015
Law & regulation
Scott Kipper, Nevada’s insurance commissioner, has revealed that he will step down in July. 19 June 2015
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