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Actuarial & underwriting

Washington DC appoints insurance commissioner

The Mayor of the District of Colombia, Muriel Bowser, has appointed Stephen Taylor as acting commissioner of the department of insurance, securities and banking. 10 August 2015

Actuarial & underwriting

Genova Burns launches insurance group

US law firm Genova Burns has established a specialised insurance law practice group following the recent hire of William Megna. 10 August 2015

Actuarial & underwriting

AM Best affirms Duke Energy captive rating

Rating agency AM Best has affirmed the financial strength rating of Bison Insurance Company, a captive of electric power company Duke Energy. 10 August 2015

USA analysis

Captives continue to outperform commercial sector: AM Best

US captive insurers are outperforming the commercial sector in most key financial measures, according to rating agency AM Best. 5 August 2015

Actuarial & underwriting

Three promoted to partner at Carey Olsen

Offshore law firm Carey Olsen has promoted three advocates to partner, taking the number of partners to 45. 4 August 2015

Actuarial & underwriting

Regions Insurance acquires The AI Group

Regions Insurance, a subsidiary of Regions Insurance Group, has acquired US-based employee benefits and consulting firm, The AI Group. 3 August 2015

Law & regulation

Utah proposes captive rule changes

The captive insurance division of the Utah Insurance Department has put forward a number of changes to the captive-related administrative rule R590-238. 3 August 2015

USA analysis

Vermont registers 14 captives

The Vermont Department of Financial Regulation licensed 14 new captives since the beginning of 2015. 3 August 2015

Actuarial & underwriting

Mercer hires Towers Watson exec

Mercer, Marsh & McLennan's (MMC) human resources consulting arm, has appointed Ravi Rastogi as a partner and European insurance group leader. 31 July 2015

IT & claims management analysis

NAIC introduces cyber risks initiative

The National Association of Insurance Commissioners (NAIC), the US standard-setting and regulatory support organisation, has introduced three new initiatives to help protect consumer information and educate the public about cyber risks. 30 July 2015

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