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IUA publishes Brexit clause
27 June 2018
London

The International Underwriting Association has published a Brexit clause to help companies manage insurance contracts once the UK exits the European Union

Rhode Island PCC changes will make run-off transactions easier
27 June 2018
Rhode Island

Rhode Island has made amendments to its Protected Cell Company Act and Voluntary Restructuring of Solvent Insurers Law that will make the execution of run-off transactions easier

Hanover Stone adds executives to Strategic Planning practice
27 June 2018
Charleston

Risk consulting services provider Hanover Stone Solutions has appointed three executives who will have prominent roles in the firm’s recently formed Strategic Planning Consulting practice

Marsh expands US offering with acquisition
27 June 2018
New York

Marsh has reached an agreement to acquire the Houston-based brokerage Wortham Insurance as part of its strategy to expand its Texas footprint

BVI and Monserrat join CCRIF
26 June 2018
Grand Cayman

The British Virgin Islands and Montserrat have joined the Caribbean Catastrophe Risk Insurance Facility and purchased coverage for the 2018/19 policy year, which began 1 June

Towle: Capstone case bears ‘no resemblance’ to Avrahami
26 June 2018
New York

The US Tax Court case involving PoolRe, a risk pool entity operated by Capstone Services, bears “no resemblance to the Avrahami case”, according to Anne Marie Towle, JLT Insurance Management captive practice leader

NJ Tax Court denies J&J $55 million refund
26 June 2018
New Jersey

The New Jersey Tax Court has upheld the denial of Johnson and Johnson’s request for a $55 million refund on self-procurement tax

BDA plans two more executive forums
25 June 2018
Hamilton

The Bermuda Business Development Agency will host two more overseas multi-industry executive forums later this year

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