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AM Best has assigned a Financial Strength Rating of A- (Excellent) to LOTS Reassurance Company (Turks and Caicos). The outlook assigned to the rating is stable. 1 November 2019
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AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) of Restoration Risk Retention Group, Incorporated (RRRG). The outlook of the rating has been revised to stable from positive. 30 October 2019
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AM Best has assigned a Financial Strength Rating of B (Fair) to American Transportation Group Insurance Risk Retention Group (ATGI). The outlook assigned to the rating is stable. 30 October 2019
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RiverStone, an insurance run-off management company, has acquired two of Cayman-based captives: GMPCI Insurance Company and Seaside Indemnity Alliance Company. 30 October 2019
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Accredited Surety and Casualty Company, a wholly-owned subsidiary of Randall & Quilter Investment Holdings (R&Q) and a Florida domiciled insurance company licensed in all 50 states to write admitted business, has entered into a new programme partnership with MG Skinner & Associates Insurance Agency. 28 October 2019
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Adding wellness programs to facility management in the long-term care sector can reduce excessive claims on assisted living facility insurance by reducing the workloads of healthcare workers, according to Chris Murray, president at Caitlin Morgan Insurance Services. 24 October 2019
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Marsh & McLennan Agency (MMA) has named Paul Hering as vice chairman, responsible for helping to lead growth strategies including talent development, acquisitions and carrier relations. 23 October 2019
Analysis
Risk Strategies has promoted its national health care practice leader, Bob Dubraski, to the role of chief growth officer. 22 October 2019
Analysis
Guernsey’s reputation for captives is growing among Chinese clients, with the island being the best place for Chinese businesses to set up a captive as they look to expand into Europe, according to Kate Storey, a partner at Walkers. 22 October 2019
Analysis
Insurance Recovery Group (IRG) has named Hans Hagen as president and CEO. 21 October 2019
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