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Regions Insurance, an employee benefit brokerage in the US and affiliate of Regions Bank, has appointed Mike Breedlove as executive vice president of property and casualty operations. 19 January 2018
Analysis
Domestic captive insurance companies in the State of Tennessee exceeded $1 billion in written premiums for the first time in 2017. 19 January 2018
Analysis
Ratings agency AM Best has downgraded the financial strength rating (FSR) to B (Fair) from B+ (Good) of Security America Risk Retention Group (SARRG), a risk retention group offering general and professional liability coverage based in Burlington, Vermont. 19 January 2018
Analysis
Advantage Insurance, a provider of customised insurance solutions and captive manager, has opened an office in Burlington, Vermont, to support the growth of its captive insurance services business. 18 January 2018
Analysis
JLT Insurance Management (USA) has appointed Jocelyn Lyman to the position of senior account manager, based in Vermont. 17 January 2018
Analysis
Martin & Company, a provider of insurance consulting and regulatory services based in Pennsylvania, has created an employee benefits consulting division and expanded its life, accident/health department. 16 January 2018
Analysis
Specialty P&C transportation insurer National Interstate has launched a group rental captive designed for the towing and recovery industry, TowCap Premier, the first captive of this type within this sector. 16 January 2018
Analysis
Inter Insurance Agency has partnered with New York Independent Automobile Dealers Association (NYIADA) to form a new risk retention group (RRG), the first to be domiciled in Oklahoma. 15 January 2018
Analysis
Randall & Quilter Investment Holdings (R&Q) is selling its insurance services and captive managements operations to Davies Group, an operations management, consultancy and digital solutions provider. 15 January 2018
Accounting & tax analysis
The tax advantages of international captives may decrease as a result of The Tax Cuts and Jobs Act, which may in turn lead to decreased usage, according to George Hansen, senior industry research analyst at AM Best. 12 January 2018
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