Governor Phil Scott has signed House Bill 515 into law to update Vermont’s captive insurance statutes and eliminate inconsistencies

Artex Risk Solutions has appointed Suzanne Sadlier as managing director of its Cayman operations

The cyber insurance gap is “disproportionately high” amid an imbalance in cyber risk awareness, capacity and protection, according to a new survey by Munich Re

Fast payouts as a result of a simplified claims adjustment process is one of the main advantages of parametric insurance compared to traditional indemnity insurance, according to a recent webinar exploring parametric uses and benefits

A.M. Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a+’ (Excellent) for both BNY Trade Insurance Ltd and The Hamilton Insurance Corp

The Western Region Captive Insurance Conference has announced the speaker lineup for the 2022 event, which will be held on 27-29 June at The Cosmopolitan in Las Vegas, Nevada

David Provost, deputy commissioner of the captive insurance division at the Vermont Department of Financial Regulation, has announced his retirement at the end of summer 2022

Ocean Falls Blockchain Corporation has appointed Barrie McWha to the board of advisors

The Department of the Treasury should expand the size and scope of the Terrorism Risk Insurance Program to cover SMEs vulnerable to the same significant losses from terrorism-related risks, according to the Self-Insurance Institute of America

Ryan Specialty has launched AXSAL Re, a member-owned group captive managing general underwriter formed specifically for transportation companies and other insureds with large fleets

Crypto-native insurance marketplace Nayms has become the first platform of its kind to become fully-regulated in the territory of Bermuda

Alternative risk solutions company Artex has completed the integration of Horseshoe, making it the global brand of insurance-linked securities services for Artex