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Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) of National Guaranty Insurance Company of Vermont (NGIC), based in Burlington. 30 May 2017
Analysis
The State of Tennessee is working to make itself a more attractive domicile to locate a captive insurance company with the introduction of new legislation. 25 May 2017
Analysis
The Alabama Captive Association has revealed its new board of directors ahead of its annual conference, to be held September 18-19. 24 May 2017
Analysis
Vermont’s governance standards should be viewed as a tool to help board members meet their fiduciary responsibilities and promote uniformity in regulation, as Sandy Bigglestone, director of captive insurance, and Christine Brown, assistant director of captive insurance at the Vermont Department of Financial Regulation, explain. 24 May 2017
Actuarial & underwriting
XL Catlin has appointed Steven Bauman as head of global programmes and captive practice in North America, based in New York. 23 May 2017
Accounting & tax analysis
The Puerto Rico International Insurers Association (PRIIA), an industry trade group, has assured that its international insurers are ‘open for business’ in spite of the fact the island is filing for voluntary bankruptcy. 22 May 2017
Analysis
The Vermont Captive Insurance Association (VCIA) will be holding its annual captive insurance conference on August 8-10. 19 May 2017
Analysis
The Risk & Insurance Management Society (RIMS) has written a letter to the US Department of the Treasury expressing its support for the proposed US-EU covered agreement on reinsurance. 18 May 2017
Analysis
The State of Georgia has introduced a new law which revises certain definitions in the state's captive law, eases the process for forming a captive, and allows a captive to be a limited liability company. 15 May 2017
Analysis
The State of Montana has introduced new legislation that will affect captives companies organised as a reciprocal insurers or a dormant captive insurer. 12 May 2017
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