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Vermont welcomes Crosby Sherman back into the fold
25 June 2013
Montpelier

Vermont native Crosby Sherman is returning to the state to take up the role of deputy commissioner of the insurance division at the Vermont Department of Financial Regulation...

Madison Insurance withdraws from the rating game
25 June 2013
Oldwick

A.M. Best has downgraded the financial strength rating to “B- (Fair)” from “A- (Excellent)” and the issuer credit rating to “bb-“ from “a-“ of Madison Insurance Company...

Pro Insurance Solutions expands with new Zurich office
25 June 2013
London

Pro Insurance Solutions has opened its first office in continental Europe. The new Zurich office reinforces Pro’s aim to expand its global consultancy service offering...

NC captive legislation is official
24 June 2013
Raleigh

North Carolina governor Par McCrory has signed the NC Captive Insurance Act into law. The bill received unanimous support in all committees and both legislative chambers on all three readings...

CICA sides with NAIC on shadow insurance claims
24 June 2013
Minneapolis

CICA has acknowledged NAIC president Jim Donelon for his refusal to implement the call for a national moratorium on captive insurance transactions made by Benjamin Lawsky...

R&Q acquires MPPA Insurance
24 June 2013
Bermuda

Randall & Quilter Investment Holdings has acquired MPPA Insurance. R&Q will receive by way of novation all contracts underwritten by MPPA...

A.M. Best Europe rates German captive
24 June 2013
London

A.M. Best Europe has affirmed the financial strength rating of “A (Excellent)” and issuer credit rating of “a” of Delvag Luftfahrtversicherungs-AG and its subsidiary, Delvag Rueckversicherungs-AG...

Success all round for Radius Insurance
20 June 2013
Oldwick

A.M. Best has awarded the financial strength rating of “A (Excellent)” and issuer credit rating of “a” to Radius Insurance Company, based in the Cayman Islands...

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