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CICA reveals essay contest finalists
31 January 2022
Reporter Rebecca Delaney

The Captive Insurance Companies Association has named the three finalist teams in its essay contest for risk management and insurance college students, sponsored by Strategic Risk Solutions

Eric Schwebach joins Aon Reinsurance Solutions
18 June 2021
Reporter Maria Ward-Brennan

Aon has named Eric Schwebach as senior managing director of Aon Reinsurance Solutions

Lance Abbott to chair CICA 2021 board
18 March 2021
Reporter Maria Ward-Brennan

Lance Abbott, CEO of BevCap Management, has been appointed as chair of the Captive Insurance Companies Association board of directors for another term

Ryan Saul joins BMS Re
08 March 2021
Reporter Maria Ward-Brennan

BMS, the independent specialist insurance and reinsurance broker, has appointed Ryan Saul as senior vice president at BMS Re

CICA, VCIA and CIC-DC respond to proposed TRIP rule changes for captives
12 January 2021
Reporter Maria Ward-Brennan

CICA, VCIA and the CIC-DC have all submitted a response to a request for public comment regarding the participation of captive insurers in the TRIP established under the TRIA

Chaz Lavelle and OMIC to receive CICA awards
25 November 2020
Reporter Maria Ward-Brennan

The Captive Insurance Companies Association will be honouring Chaz Lavelle, partner at Dentons Bingham Greenebaum, with its 2020 Distinguished Service Award and Ophthalmic Mutual Insurance Company with its 2020 Outstanding Captive Award

A.M. Best affirms ratings of Ameriprise Financial
21 October 2020
Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A+ and the long-term issuer credit ratings of “aa-” of RiverSource Life Insurance Company, based in Minnesota and its wholly-owned subsidiary, RiverSource Life Insurance Co. of New York

Minnesota direct procurement tax changes to include captive insurers
04 September 2020
Reporter Becky Bellamy

In addition to surplus lines policies purchased directly from non-admitted insurance companies, premiums paid to a captive insurance company must also be reported on Form IG255

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