CIMA revokes licence for CTS Captive Management
The Cayman Islands Monetary Authority (CIMA) has revoked the licence of CTS Captive Management for breaching the terms of the Insurance Act 2010.
Causey sworn in for second term as North Carolina Insurance Commissioner
Mike Causey took the oath of office for his second term as North Carolina’s Insurance Commissioner on January 9, 2021.
Clifford to head RPS' Michigan self-insured workers' comp programme
Risk Placement Services (RPS), the E&S wholesale broker, managing general agency and programme administrator, has named Joe Clifford as leader of its self-insured workers' compensation programmes in Michigan.
Pinnacle promotes Hillebrandt to principal and consulting actuary
Pinnacle Actuarial Resources has promoted Aaron Hillebrandt to principal and consulting actuary.
AXA XL promotes three in its US risk management team
Jason Mandik has been promoted to head of AXA XL’s Chicago-based US risk management team in the US central zone.
MAXIS GBN selects ICAS World as a counselling support provider
MAXIS Global Benefits Network (MAXIS GBN) has selected ICAS World, an employee assistance programme (EAP) platform, as a global provider of counselling support and assistance.
BevCap launches North Carolina-based captive
BevCap Management, the multi-line insurance programme manager with a focus in alternative risk structures, has formed a North Carolina-based captive insurance company called HatterasRe.
Marsh unveils sharing economy and mobility group for the UK and Ireland
Marsh has launched a dedicated sharing economy and mobility (SE&M) industry group in the UK and Ireland.
Alabama considers revisions to the Alabama Captive Insurers Act
A bill has been presented in Alabama that will update the Alabama Captive Insurers Act to provide greater economic growth and development for the state’s captive insurance industry.
ABA to host webinar to demystify IRS’ micro captive campaign
The American Bar Association (ABA) will host a webinar to educate people about the Internal Revenue Service’s (IRS) policies regarding micro captives.
