The New Jersey Tax Court has upheld the denial of Johnson and Johnson’s request for a $55 million refund on self-procurement tax
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
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
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
A.M. Best has revised the outlook for the long term issuer credit rating of Energy Insurance Mutual from stable to positive
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
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
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