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Burlington Stores launches New Jersey captive
07 February 2018
Reporter Ned Holmes

US-retail company Burlington Stores has launched Florence Insurance Company, a New Jersey-domiciled captive insurer

USHEALTH Group ratings upgraded
26 January 2018
Reporter Ned Holmes

A.M. Best has upgraded the financial strength rating of Freedom Life Insurance Company of America and National Foundation Life Insurance from B+ (good) to B++ (good)

Ameriprise captive rated ‘excellent’, says A.M. Best
14 December 2017
Reporter Ned Holmes

Ameriprise Captive Insurance Company (ACIC) has received a financial strength rating of “A (Excellent)” and a long-term issuer credit rating of “a+” from A.M. Best.

York Risk Services appoints chief claims officer
25 April 2017
Reporter Becky Butcher

Patrick Walsh has been named the new executive vice president and chief claims officer of York Risk Services Group

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Captives must maintain cyber vigilance
13 March 2017
Reporter Mark Dugdale

Certain captive insurers and risk retention groups must remain vigilant against cyber threats, despite exemption from the new rules in effect in New York, according to A.M. Best

Stable outlook for Sony captive
16 February 2017
Reporter Becky Butcher

A.M. Best has revised the outlook of Sony Corporation’s Captive, PMG Assurance (Bermuda), from negative to stable

Berkley Accident and Health shakes up captive team
16 February 2017
Reporter Becky Butcher

Berkley Accident and Health has named Jim Hoitt as senior vice president of its captive business and appointed Lee Davidson as senior vice president of its stop-loss business...

Fox Rothschild wins approval for New Jersey captive
16 November 2016
Reporter Becky Butcher

The State of New Jersey’s department of banking and insurance has given Fox Rothschild the approval for an on-shore captive insurance company to insure underground storage tanks...

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