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Ratings agency AM Best has assigned Bermuda-based Split Rock Insurance a financial strength rating of A (Excellent). 1 March 2017
Analysis
The Illinois Manufacturers’ Association (IMA) has put forward an initiative to rewrite Illinois Captive law to make it more business friendly and encourage Illinois companies to locate their captives in the state, according to Mark Denzler, vice president and chief operating officer of the IMA. 1 March 2017
Analysis
The State of Arkansas has proposed a number of changes to its current captive legislation that could allow greater flexibility in the formation of a captive insurance company. 28 February 2017
Analysis
Prism Assurance, the single parent captive of Apogee Enterprises, has had its financial strength rating of A- affirmed by AM Best. 27 February 2017
Analysis
Beecher Carlson, a specialist insurance broker and captive management services provider, has appointed Keith Newell as managing director of its West Coast operations. 27 February 2017
Analysis
Brexit presents a significant opportunity for Gibraltar and the UK to develop their captive markets – as well as the protected cell company space – outside of the EU, according to Nigel Feetham, partner at law firm Hassans. 23 February 2017
Analysis
The Delaware Department of Insurance has started searching for a new director for its Bureau of Captive Insurance and Financial Products as the current director, Steve Kinion is due to step down on April 1, 2017. 22 February 2017
Analysis
The IRS has placed 'abusive' micro-captive insurance tax shelters on its list of "Dirty Dozen" scams for the third year in a row. 22 February 2017
Analysis
Utah's Captive Insurance Division has placed Caitlin Morgan Captive Services on its approved captive insurer management firm list. 17 February 2017
Analysis
The State of Montana has introduced a revised captive insurance bill that could allow inactive captives to apply for dormant statu 17 February 2017
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