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NJ Tax Court denies J&J $55 million refund
26 June 2018
Reporter Ned Holmes

The New Jersey Tax Court has upheld the denial of Johnson and Johnson’s request for a $55 million refund on self-procurement tax

US Tax Reform not impacted ratings, says A.M. Best
18 June 2018
Reporter Ned Holmes

The US Tax reform will be a mixed bag for captive insurance companies and has not affected the credit ratings of A.M. Best-rated captives, according to a new A.M. Best briefing

Ratings of HU and ProMutual subsidiaries updated
04 June 2018
Reporter Ned Holmes

A.M. Best has affirmed the FSR of A (Excellent) and the long-term ICR for Medical Professional Mutual Insurance Company’s and its wholly-owned subsidiaries

NGIC ratings affirmed
1 June 2018
Reporter Ned Holmes

National Guaranty Insurance Company of Vermont (NGIC) has had its financial strength rating of A- (Excellent) and its long-term issuer credit rating of “a-” affirmed by A.M. Best

EIM’s rating outlook upgraded to positive
11 May 2018
Reporter Ned Holmes

A.M. Best has revised the outlook for the long term issuer credit rating of Energy Insurance Mutual from stable to positive

Brazilian captive ratings affirmed
10 May 2018
Reporter Ned Holmes

Brazilian insurer J.Malucelli Seg and its captive reinsurer J.Malucelli Re have had their financial strength ratings of A- (Excellent) and long term issuer credit ratings of “a-” affirmed by AM Best

Palms ‘excellent’ ratings affirmed
25 April 2018
Reporter Ned Holmes

Ratings agency A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” of Palms Insurance Company

BNY Mellon captives ratings affirmed
19 April 2018
Reporter Ned Holmes

A.M. Best has affirmed the financial ratings of A (Excellent) and the long-term issuer credit ratings of “a+” of BNY Trade Insurance and The Hamilton Insurance Corporation

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