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The Hawaii Department of Commerce and Consumer Affairs Insurance Division has appointed Andrew Kurata as its permanent deputy commissioner and captive insurance administrator, as he previously held the position in an acting capacity. 16 October 2018
Analysis
First Insurance Company of Hawaii (FICOH), a Hawaii P&C insurer which offers captive management services through its subsidiary First Risk Management Services (FiRMS), has appointed Lance Kawano as president of FiRMS and vice president of FICOH. 16 October 2018
Analysis
Ratings agency AM Best has ugpraded the financial strength rating of A (Excellent) of Sooner Insurance Company, the Vermont-based captive of multinational energy company ConocoPhillips. 14 October 2018
Analysis
The University of California (UC) has received regulatory approval for the formation of a new protected cell company, Eureka Insurance Company PCC. 8 October 2018
Cayman analysis
Greenlight Re Innovations, part of Cayman Islands-based specialist P&C reinsurer Greenlight Re, has invested in Sana Benefits an Austin-based third party administrator with a focus on the self-insured US health market. 8 October 2018
Analysis
HyreCar, a carsharing marketplace for ridesharing, has established a joint venture that will focus on creating a captive insurance company designed specifically for carsharing in the ridesharing space. 4 October 2018
Analysis
Marsh Captive Solutions has appointed Julie Boucher to assume direct leadership of Marsh's Bermuda, Cayman and Barbados captive officers in the newly created role islands practice leader. 3 October 2018
Analysis
With the right resources, accountability and proactive management, group employee benefit captives can save employers money, reduce claim costs and bend the medical trend curve, says Wendy Dine of Strategic Risk Solutions. 1 October 2018
Actuarial & underwriting
Ratings agency AM Best has affirmed the financial strength rating of A (Excellent) of The American Road Insurance Company (TARIC), the Michigan-based single-parent captive insurer owned by Ford Credit, a subsidiary of Ford Motor Company. 1 October 2018
Actuarial & underwriting
When healthcare costs continue to rise, captives can provide customised transfer solutions that improve the financial management of many employer-sponsored health plans. Anne Marie Towle of JLT Insurance Management (USA) has the details. 24 September 2018
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