Arthur J Gallagher & Co has acquired Chicago-based captive consultant Captive Insurance Company Design and Operations
The Illinois legislature has voted to override governor Bruce Rauner’s amendatory veto of SB 1737, which proposes a reform of the state’s captive insurance regulatory framework and a substantial drop in self-procurement tax
The paper is designed to assist insurance professionals in determining whether an insurance company has achieved sufficient risk distribution from an actuarial point of view
The reform of Illinois’ captive regulatory framework is back on track following the state Senate’s unanimous vote to override governor Bruce Rauner’s amendatory veto of SB 1737
Alera Group, a US-based employee benefits, risk management, and wealth management firm, has acquired Orion Risk Management Insurance
A bill that could provide a landmark captive framework reform in Illinois has been vetoed by governor Bruce Rauner
SB 1737, which is awaiting the signature of state governor Bruce Rauner, would amend the Illinois Insurance Code’s regulatory framework favourably for captives, following the lead of jurisdictions like Vermont, Hawaii and South Carolina
Group captive insurance consultant Captive Resources has appointed former Zurich North America CEO Mike Foley to its board of directors