VCIA appoints Stephanie Mapes as board chair
The Vermont Captive Insurance Association (VCIA) has named Stephanie Mapes, director of the Burlington-based law firm Paul Frank + Collins, as its new board chair.
Utah instigates process to allow for a state captive insurance company
The Business and Labour Committee for the State of Utah has unanimously approved a motion to introduce a bill that will allow the state to operate its own captive insurance company.
Anguilla and Barbados added to EU blacklist
The European Council had added Anguilla and Barbados to the EU “blacklist” of non-cooperative jurisdictions for tax purposes.
Enstar completes the first insurance business transfer seen in the US
Enstar Group has completed the first insurance business transfer (IBT) to occur in the US.
US Tax Court rules IRS microcaptive penalties void on technical grounds
The US Tax Court has ruled in favour of Jesus Oropeza, the shareholder of a microcaptive called FIRM, in a case against the Internal Revenue Service, ruling that penalties imposed by the IRS were made improperly and do not stand.
TDCI promotes Jonathan Habart to captive insurance section assistant director
The Tennessee Department of Commerce and Insurance (TDCI) has named Jonathan Habart as its new captive insurance section assistant director.
Anson Aguiar named as CUO of Pallas Re
Compre, the independent specialist legacy acquirer, has appointed Anson Aguiar as chief underwriting officer of Pallas Reinsurance Company, its recently-launched class 3A Bermudian reinsurer.
CAC Specialty names Nathan Baseman as head of new analytics practice
CAC Specialty has established an analytics practice and appointed Nathan Baseman to lead it.
R&Q reports strong growth in H1 2020
Randall & Quilter Investment Holdings (R&Q) reported strong growth across both its programme and legacy businesses in the first half of 2020.
Katherine Keefe joins Marsh to strengthen US cyber offering
Marsh has appointed Katherine Keefe as US cyber incident management leader.
