Applied Filters
AHP final rules well intended but fall short on delivery
Earlier this year, proposed association health plan (AHP) regulations issued by the US Department of Labor (DOL) had presented affordable healthcare plans for groupings of smaller employers - and in turn opportunities for captives - but the more recent final rules have left a lack of regulatory uniformity from one state to another.
Nuclear power captive gets 'Excellent' rating
Ratings agency AM Best has affirmed the financial strength of A (Excellent) of Nuclear Electric Insurance Limited (NEIL), based in Wilmington, Delaware. The outlook remains stable.
Crumbling Foundations captive board revealed amid pyrrhotite crisis
Incorporators of captive insurer Connecticut Foundation Solutions Indemnity Company (CFSIC) have selected nine board members to help address the crumbling concrete foundations crisis affecting Connecticut homeowners.
Assurance Agency and Michael Maglaras & Company form Vermont PCC
Assurance Agency and Connecticut-based captive consulting firm Michael Maglaras have formed a programme designed to meet the insurance and risk management needs of the senior care industry.
Guernsey Insurance Forum to focus on 'creative destruction' in island's captive sector
The 2018 Guernsey Insurance Forum will take the island's captive sector "back to its roots", says event host Guernsey Finance.
Holmes Murphy acquires specialty risk management firm CSDZ
Privately-owned broker and employee benefits consulting firm Holmes Murphy has acquired Minneapolis-based Cobb Strecker Dunphy & Zimmermann (CSDZ), a provider of commercial insurance, claims, surety and captive insurance services.
Innovation in captives shines light on sector’s true growth
While the number of captives being formed in Bermuda has stagnated in recent years, levels of innovation within the sector are more than making up with this with companies using their captives to manage more complex risks in increasingly sophisticated ways.
RTG takes first step towards captive growth plans through acquisition
Risk Transfer Group subsidiary Limehouse Agency has acquired Corporate Underwriting Limited (CUL), a specialist marine underwriting agency and Lloyd's coverholder.
Brian Hall named 2018 winner of captive pioneer Fred Reiss award
Brian Hall, the former director and president of Johnson & Higgins, and founding president of the Bermuda Insurance Management Association (BIMA), will receive the third Fred Reiss Lifetime Achievement Award at the Bermuda Captive Conference next month.
Connecticut passes agency captive legislation
The Connecticut General Assembly has passed a bill that would allow licensed insurance agents to establish an agency captive insurance company to insure against risks covered by the policies they sell, subject to specified conditions.
