Law firm, Honigman has strengthened its captive insurance team with the appointment of Mark Kleinlein as partner. Kleinlein previously worked at Aon.
Captive International spoke to Tom Stokes, practice leader at JLT Towner, about how captives can be used to ease the burden of reputational risk.
The Cayman Islands captive insurance industry has reached an all-time high of $13.5 billion in total premiums and $82.8 billion in total assets as of 30 June, 2013.
According to the Guernsey Financial Services Commission (GFSC) the domicile has licensed 46 international insurance entities in the first half of this year.
Ohio is the latest US state set to enter the captive area, with its senate anticipated to pass a new captive law in the fall.
Captive International spoke to Corbett about the milestone.
Maria Sheffield has been appointed head of captive program within the division of insurance company regulation at the Missouri Department of Insurance, Financial Institutions & Professional Registration.
AM Best has withdrawn the financial strength rating and issuer credit rating of Healthcare Safety & Protection Risk Retention Group.
Washington, DC will not allow medical stop-loss captives to be licensed, according to Dana Sheppard.
The Self-Insurance Institute of America (SIIA) has ramped up its lobbying efforts in favour of reauthorisation of the Terrorism Risk Insurance Act (TRIA).