US captives rated by AM Best continued their run of strong financial results in 2019, according to AM Best’s Market Segment Report, titled Commercial Market Dislocation Could Provide New Opportunities for Captives to Fill the Void.
The North River Insurance Company, a subsidiary of Crum and Forster, has partnered with Pivot Health to provide group short-term health insurance plans.
Abry Partners, a private equity company, has taken a majority stake in HealthEZ, an independent third-party administrator (TPA) of self-funded medical plans that focuses on small and mid-sized businesses.
The North Carolina Captive Insurance Association (NCCIA) has cancelled its 2020 Annual Conference, which had already been rescheduled due to the COVID-19 pandemic.
The South Carolina Captive Insurance Association (SCCIA) has cancelled its 2020 Annual Executive Educational Conference, which was scheduled for September 15-17 in Charleston, South Carolina.
Vermont Governor Phil Scott has signed new legislation that strengthens the state's captive insurance laws.
The Connecticut Foundation Solutions Indemnity Company (CFSIC) has completed 150 foundation replacements since its launch on January 10, 2019.
Randall & Quilter Investment Holdings has entered into a loss portfolio transfer reinsurance contract and a transfer agreement with Repwest Insurance.
Commercial insurers could cease writing business interruption coverage altogether if legislators force them to pay out on COVID-19 claims that were clearly excluded from policies, according to John Dohn, national sales manager at Management Services International (MSI).
The Captive Insurance Companies Association (CICA) will host a webinar on April 21 to present the winner of its student essay contest.