Prism Assurance has had its financial strength rating of “A- (Excellent)” and its long-term credit rating of “a-” affirmed by A.M. Best
US and offshore domiciles have continued to see a steady flow of new captive insurance company formations in 2017, despite the soft commercial market
The Connecticut State Bond Commission has approved $350,000 to set up a non-profit captive insurer, which is a state government solution for an issue impacting a reported 5000 homes in the state
Crawford & Company has expanded its service portfolio in Australia to include workers’ compensation.
The Kansas state government has submitted a bill to update and modernise captive insurance laws in the state
A.M. Best has downgraded the financial strength rating of Zale Indemnity Company (ZIC) and its wholly-owned subsidiary, Zale Life
The tax shelter micro captive bubble is set to burst in 2018, resulting in large numbers of such companies to surrender their licenses, as many did last year, predicts Jay Adkisson, partner at Riser Adkisson
Group captive insurance consultant Captive Resources has appointed former Zurich North America CEO Mike Foley to its board of directors
