The Illinois Senate has unanimously passed legislation which will repeal a premium tax imposed on industrial insurer captive insurers.
Connecticut Insurance Department has appointed its captive insurance director as Deputy Commissioner.
A Cayman delegation of 30 people is set to head to New Orleans to the annual Risk and Insurance Management Society (RIMS) conference.
Guernsey Finance, the promotional agency for the Island’s finance industry, has appointed Kate Clouston as its first director of international business development.
Gibraltar has completed its first insurance-linked securities (ILS) transaction, a year after announcing ambitions to establish itself as a new ILS jurisdiction.
The founder of Cayman-based Advantage International Management has received a distinguished service award from the Captive Insurance Companies Association (CICA).
As part of its commitment to the Asia-Pacific region, rating agency AM Best has established a new office in Singapore.
The cybersecurity task force of the National Association of Insurance Commissioners (NAIC) has adopted a new set of cybersecurity principles.
Insurance information supplier Axco InsuranceInformation Services has unveiled a regulatory information service aimed at reinsurers.
Two captive bills, aimed at improving the state’s regulatory environment for captive insurance, have recently been signed by Montana Governor Steve Bullock.