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SB 188 now Connecticut law
28 May 2014
Connecticut Reporter Stephen Durham

Connecticut’s Governor Dannel Malloy has signed Senate Bill 188 (SB 188) into law, updating the state’s captive insurance regulations...

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CICA opposes captive revision
21 May 2014
Kansas City Reporter Stephen Durham

The Captive Insurance Companies Association (CICA) has officially expressed its objection to the Financial Regulation Standards and Accreditation (F) Committee’s proposed revisions to the definition of “multi-state reinsurer”...

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Puerto Rico authorises cat bonds and ILS
19 May 2014
Puerto Rico Reporter Stephen Durham

Catastrophe bonds and other Insurance Linked Securities (ILS) are now available in Puerto Rico following several amendments to articles within the country’s insurance code...

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Connecticut updates SB 188
14 May 2014
Connecticut Reporter Stephen Durham

The State of Connecticut’s Insurance Department has updated its existing captive statutes by making changes to Senate Bill 188 (SB 188)...

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JLTIM and CICA begin appeal to NAIC
13 May 2014
Vermont Reporter Stephen Durham

JLT Insurance Management has joined with CICA and the captive industry in calling for the NAIC to reconsider its proposed definition of "Multi-State Reinsurer"...

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TRIA demand high as ever, says Marsh
23 April 2013
Washington DC Reporter Stephen Durham

The demand for terrorism insurance remains strong and the existence of the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) plays a key role in making coverage available and affordable, according to Marsh & McLennan...

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NAIC meets with the President
22 April 2014
Washington DC Reporter Stephen Durham

Members of the National Association of Insurance Commissioners (NAIC) have met with President Barack Obama, Vice-President Joe Biden and senior members of the administration to discuss 2015 enrolment issues under the Affordable Care Act (ACA)...

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