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US Court of Appeals decides Artex vs. Shivkov dispute must be settled by individual arbitration

North America11-09-2020

The US Court of Appeals for the Ninth Circuit has decided in favour of Artex Risk Solutions and TSA Holdings, formerly Tribeca Strategic Advisors in an appeal of the case Shivkov vs Artex Risk Solutions. 

Law firm Carton Fields hires two insurance specialists

North America11-09-2020

Law firm Carlton Fields has hired Thomas Morante and Yani Contreras to serve on its financial services regulatory practice group and life, annuity and retirement solutions industry group.

Arsenal hires Cassie Bachman as internal legal counsel

North America10-09-2020

Arsenal has hired Cassie Bachman as director of legal affairs, who serves as the internal legal counsel for Arsenal and its subsidiaries.

BMA promotes Gerald Gakundi to director of supervision for insurance


The Bermuda Monetary Authority (BMA) has named Gerald Gakundi as its new director of supervision for insurance, promoting him from his former role of deputy director of the group.

Oklahoma reduces capitalisation requirement for some special purpose captives

North America26-08-2020

The Oklahoma Insurance Department (OID) has reduced the capitalisation requirement for certain special purpose captive insurers to $50,000, effective from September 16, 2020.

SCDOI makes four promotions in the captives division

North America24-08-2020

The South Carolina Department of Insurance (SCDOI) has promoted Dan Morris to deputy director for solvency. He takes on overall responsibility for the captive division, as well as the analysis and examination of traditional companies, replacing Lee Hill, who recently retired. 

Regulators should use consulting actuaries to analyse captive loss projections: VCIA

North America18-08-2020

Captive insurance regulators should use consulting actuaries to analyse the loss projections of captives under their oversight to determine whether they are engaged in genuine risk transfer. 

BMA confirms registration for Pearl Insurance


The Bermuda Monetary Authority (BMA) confirmed the registration of Pearl Insurance Group, a class one insurer, in July. 

TDCI names Joshua Clark as director of business development for insurance

North America04-08-2020

The Tennessee Department of Commerce and Insurance (TDCI) has appointed Joshua Clark as its new director of business development for the insurance division, where he is responsible for expanding the use of captives.

South Africa’s FSCA proposes new rules for cell captives


South Africa’s Financial Sector Conduct Authority (FSCA) has published a revised draft of its conduct standard outlining the requirements relating to third party cell captive insurance business. 

Showing 51 to 60 of 515 results

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