News

Executive Appointments

SIIA to hold virtual town hall with Delaware Congresswoman Lisa Blunt Rochester

The Self Insurance Institute of America (SIIA) will hold a virtual town hall on June 2 with Congresswoman Lisa Blunt Rochester, a Democrat representing Delaware who serves on the energy and commerce committee.   2 June 2020

Law & regulation

US introduces PRIA bill to ensure future provision of pandemic coverage

The US has introduced the Pandemic Risk Insurance Act of 2020 to create a government-backstopped pandemic risk reinsurance programme (PRRP).   1 June 2020

article

JVM Securities appoints Holly Onachilla as it pushes into RIA market

Holly Onachilla has been appointed as president of JVM Securities, the captive broker-dealer and distributor operation of JVM Realty Corporation.   1 June 2020

Analysis

R&Q's profits soar in 2019

Randall & Quilter Investment Holdings (R&Q) recorded its most profitable year ever in 2019, with both programme management and legacy business lines enjoying robust growth.   1 June 2020

Executive Appointments

QBE promotes Steve Gransbury and Tara Krauss

QBE North America has promoted Steve Gransbury and Tara Krauss to the roles of head of specialty insurance and head of accident and health, respectively.   29 May 2020

Asia-Pacific analysis

Labuan reports healthy growth for captives in 2019

Labuan has 219 insurance entities in operation, including 52 captives and 64 re/insurers, having authorised five new captives in 2019, according to Labuan Business and Financial Centre’s (Labuan IBFC) 2019 market report.   28 May 2020

Executive Appointments

NCCIA to go ahead with rescheduled conference in August

The North Carolina Captive Insurance Association will hold its rescheduled 2020 Conference from August 31 to September 2, with the state having entered phase two of its COVID-19 reopening.   28 May 2020

Executive Appointments

Guernsey prepares to return to the office, with no known COVID-19 cases on the island

Many in Guernsey’s financial services sector will return to work from June 1, as the island emerges from its COVID-19 lockdown, with no known active cases of the virus currently on the island.   28 May 2020

Actuarial & underwriting

Medicare Supplement policyholders overcharged due to incorrect personal data

The Delaware Department of Insurance (DDI) has received dozens of complaints after Highmark Blue Cross Blue Shield (HBCBS) processed hundreds of customer birthdates incorrectly, leading to increased premiums for Medicare Supplement participants.   27 May 2020

Services

SRS names Paul Owens to its board

Strategic Risk Solutions has named Paul Owens as the latest addition to its board of directors.   26 May 2020

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