The US has introduced the Pandemic Risk Insurance Act of 2020 to create a government-backstopped pandemic risk reinsurance programme (PRRP).
Holly Onachilla has been appointed as president of JVM Securities, the captive broker-dealer and distributor operation of JVM Realty Corporation.
Randall & Quilter Investment Holdings (R&Q) recorded its most profitable year ever in 2019, with both programme management and legacy business lines enjoying robust growth.
QBE North America has promoted Steve Gransbury and Tara Krauss to the roles of head of specialty insurance and head of accident and health, respectively.
Labuan has 219 insurance entities in operation, including 52 captives and 64 re/insurers, having authorised five new captives in 2019, according to Labuan Business and Financial Centre’s (Labuan IBFC) 2019 market report.
The North Carolina Captive Insurance Association will hold its rescheduled 2020 Conference from August 31 to September 2, with the state having entered phase two of its COVID-19 reopening.
Many in Guernsey’s financial services sector will return to work from June 1, as the island emerges from its COVID-19 lockdown, with no known active cases of the virus currently on the island.
The Delaware Department of Insurance (DDI) has received dozens of complaints after Highmark Blue Cross Blue Shield (HBCBS) processed hundreds of customer birthdates incorrectly, leading to increased premiums for Medicare Supplement participants.
Strategic Risk Solutions has named Paul Owens as the latest addition to its board of directors.
Actuarial and risk consulting firm Nichol & Co will host a webinar on the captive insurance industry in The Bahamas to promote the industry to local professionals and other service providers.