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UK-US on verge of covered agreement
12 December 2018
Washington, DC

The US Department of Treasury and the Office of the US Trade Representative intend to sign the UK-US covered agreement, to provide regulatory certainty and continuity to the insurance market ahead of Brexit

Captives may fight Washington Commissioner’s ‘concerning’ plan
12 December 2018
Washington

Captives may fight the Washington State Insurance Commissioner’s plan for companies that ‘unlawfully insure risks in the state’, according to CICA president Dan Towle

Washington state offers reduced penalties for ‘unlawful’ self-reporting captives
11 December 2018
Washington

Washington Insurance Commissioner Mike Kreidler is offering captive insurance companies that have unlawfully insured risk in the state to pay reduced penalties if they self-report

Arthur J Gallagher acquires Chicago-based captive consultant
11 December 2018
Illinois

Arthur J Gallagher & Co has acquired Chicago-based captive consultant Captive Insurance Company Design and Operations

Aon names Seth global leader of underwriting solutions
11 December 2018
Bermuda

Aon Captive and Insurance Management has appointed Anup Seth to the newly created role of global leader of underwriting solutions

Class action suit alleges huge captive insurance conspiracy
10 December 2018
Arizona

A group of plaintiffs seeking class status has filed a suit against a group of defendants, including Artex Risk Solutions and Arthur J Gallagher & Co, accusing them of being part of a massive captive insurance strategy conspiracy

Ratings of NiSource captive upgraded by A.M. Best
07 December 2018
New Jersey

A.M. Best has upgraded the financial strength rating from A- (Excellent) to A (Excellent) and the long-term issuer credit rating from “a-” to “a” of NiSource Insurance Corporation

Energi appoints new CUO to support eCaptiv
07 December 2018
Massachusetts

Energi has appointed Michael Windstein as chief underwriting officer

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