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Actuarial & underwriting
Moody's Investors Service has placed under review for downgrade the Ba1 insurance financial strength (IFS) rating of Monticello Insurance, the captive reinsurance subsidiary of Brazil-based Vale, one of the largest metal and mining companies in the world. 29 January 2016
Actuarial & underwriting
Captive Alternatives (CapAlt), the insurance consultancy that pioneered the Protected Captive business model, has begun using a new enterprise information management (EIM) system to improve its client service. 28 January 2016
Actuarial & underwriting
Allen Kerr, Arkansas insurance commissioner, has approved the creation of the State’s first special purpose captive insurance company, Diamond Risk Insurance, a wholly‐owned subsidiary of Baptist Health. 27 January 2016
Actuarial & underwriting
The Texas Captive Insurance Association has announced it will be holding its third Annual TxCIA Conference on April 19-20, 2016. 19 January 2016
Actuarial & underwriting
The captive insurance associations of Arizona, Utah and Missouri will combine their resources to hold a captive conference in May. 18 January 2016
Actuarial & underwriting
As part of the national budget agreement signed into law last month, Congress has included expanded benefits and a definition change for allowable ownership of small insurance companies that qualify for the benefits of Internal Revenue Code 831(b). 18 January 2016
Actuarial & underwriting
Vermont licensed 33 new captive insurance companies in 2015, according to data released by the Vermont Department of Financial Regulation. 12 January 2016
Actuarial & underwriting
AM Best has affirmed the financial strength rating (FSA) of A- (Excellent) of Cedar Court Indemnity Company. 11 January 2016
Actuarial & underwriting
Richard Badolato, acting commissioner of the New Jersey Department of Banking and Insurance has approved a captive insurer formed by the Deborah Heart and Lung Center of Browns Mills. 8 January 2016
Actuarial & underwriting
The Hawaii Captive Insurance Council (HCIC) has announced it will hold its HCIC Education Forum 2016 between October 12-14, 2016. 7 January 2016
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