News

Law & regulation

Tennessee revises captives regime in bid to maintain market growth

Tennessee has approved updates to its captive insurance statute that it believes provide a strong incentive to captives to domicile in the state, as it seeks to keep up the momentum that saw strong growth in the captive sector in 2020.   7 June 2021

Law & regulation

Solvency II reform can establish London as a domicile for captives: LMG

The London Market Group (LMG) has called for policymakers to promote London as a centre for captive insurance companies, as part of a five point plan to develop the UK’s re/insurance industry.   7 June 2021

Executive Appointments

Capterra promotes new head of marketing

Capterra Risk Solutions, the international captive manager, has named a new director of marketing.   7 June 2021

Executive Appointments

NCCIA reshuffles its senior management team at its annual meeting

The North Carolina Captive Insurance Association (NCCIA) has named Matt Holycross of Taft Companies as its chairman for the 2021/22 term.   4 June 2021

article

AXA XL strengthens its US risk consulting team with fleet specialist

AXA XL Insurance has poached a new casualty risk consultant for fleet in the Americas from Gallagher.   4 June 2021

IT & claims management analysis

Trucking RRG subsidises new safety technology for Combined Transport

American Trucking and Transportation Insurance Company (ATTIC), a risk retention group, has provided a subsidy to help Oregon based Combined Transport incorporate a number of new safety services to its technology suite.   3 June 2021

Law & regulation

Connecticut House of Representatives approves bill to enhance crumbling foundations protections

The Connecticut House of Representatives has approved a bill to expand protections for homeowners struggling with crumbling concrete foundations due to contamination from pyrrhotite.   3 June 2021

Law & regulation

Latham & Watkins hires partner in LA in response to surge in insurance claims litigation

Latham & Watkins (L&W) has hired a new partner in its litigation and trial department and a member of its complex commercial litigation practice, in the Los Angeles office.   3 June 2021

Feasibility studies analysis

Revisiting your captive strategy: maximising the efficiency of existing captives and building out their use

A regular health check is recommended for your captive to determine whether it is still fit for purpose, say Bron Turner and Jonathan Barnes of KPMG in Bermuda.   3 June 2021

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DARAG Group makes swathe of new appointments

It said the hires further broaden its progress towards becoming a data driven legacy company.   2 June 2021

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