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The Vermont Captive Insurance Association (VCIA) is holding a captive insurance roadshow in Minneapolis on November 2, 2016. 2 September 2016
Analysis
USA Risk Group, which manages over 260 captives and risk retention groups, has been named as an associate member of the Worldwide Broker Network (WBN), which has 107 brokerage and employee benefits consulting member firms located internationally. 1 September 2016
Analysis
AM Best has downgraded the financial strength rating (FSR) to B++ (Good) from A- (Excellent) of Istmo Compañía de Reaseguros (Istmo Re), Aseguradora del Istmo (ADISAP), and Liffey Reinsurance (Liffey Re). 30 August 2016
Analysis
The National Association of Insurance Commissioners (NAIC) has appointed Peter Hartt to a two-year term as the state insurance commissioner representative on the Financial Stability Oversight Council (FSOC), which identifies risks to the nation’s financial system and coordinates a response to any threat. 30 August 2016
Regional titles
The North Carolina Captive Insurance Association (NCCIA) has appointed Donald Payseur to its board of directors. 26 August 2016
Analysis
Small 831(b) captives and cell captives can provide both cost saving and other efficiencies, especially for middle market companies, according to JLT Towner Insurance Management. 26 August 2016
Analysis
As the marketing landscape evolves, captive managers need a marketing professional they can trust, says marketing consultant Stewart Severino. 26 August 2016
USA analysis
AM Best has affirmed the financial strength rating of A (Excellent) of The American Road Insurance Company (TARIC), a pure captive insurer wholly owned by Ford Motor Credit Company, which is an indirect wholly-owned subsidiary of Ford Motor Company. 22 August 2016
Analysis
The captive solution—a company’s own piggy bank—emerges as a contemporary approach to new risks that may be covered at only great expense, or not at all, on the traditional insurance market. Marcus Schmalbach of Fachhochschule des Mittelstands. 22 August 2016
USA analysis
Zurich Insurance has introduced an insurance solution for companies and their captives interested in protecting themselves from risks associated with data security breaches including cyber-related breaches. 17 August 2016
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