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TPCC looks positive, says A.M. Best
27 June 2012
New Jersey

A.M. Best has revised the outlook of Canada-based Transportation Property and Casualty Company (TPCC) from stable to positive and affirmed its financial strength rating as “A-“ (“Excellent”) and issuer credit rating as “a-”...

Strategic Risk Solutions gets Williams
25 June 2012
South Carolina

Sidney Williams has joined captive management firm Strategic Risk Solutions as vice chairman of its South Carolina operation...

Beecher Carlson recruits Borch
15 June 2012
Atlanta

The specialised insurance brokerage and risk management firm has appointed John Borch as an accounting manager in its national captive practice...

New US bill could create captive insurer
13 June 2012
Washington, DC

Proposed reform of the US Defense Base Act insurance programme would create a captive insurer to cover defence contractor employees...

AEGIS is in a ‘positive’ condition
12 June 2012
New Jersey

AM Best has revised the outlook of Associated Electric & Gas Insurance Services from stable to positive and affirmed its financial strength rating of A- (Excellent) and issuer credit rating of ‘a-’...

Oklahoma gives okay on premium tax cap
31 May 2012
Oklahoma City

The US State of Oklahoma’s legislature has approved a premium tax cap of $100,000 for captive insurance companies...

XL Group gives thumbs up to collateral trusts
30 May 2012
London

XL Group is now accepting collateral trusts in leiu of letters of credit (LoCs) as collateral for corporate deductible and captive insurance programmes in the UK...

New Jersey approves fourth captive
29 May 2012
New Jersey

The department of banking and insurance issued a certificate of authority for Exchange Indemnity Company New Jersey, a wholly owned subsidiary of Verizon Communications, on 7 May...

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