York Risk Services Group has appointed Tom Hebson as general manager of its insurance client segment.
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.
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.
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.
The University of California (UC) has received regulatory approval for the formation of a new protected cell company, Eureka Insurance Company PCC.
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.
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.
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.
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.
Insurance broker Hylant has set up a primary casualty, heterogeneous group captive designed to provide well-performing middle-market business a cost-saving option.