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North Carolina proposes changes to premium tax paid by captives

North Carolina has introduced a captive bill, which includes two proposed changes affecting the premium tax paid by captive insurers

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Scott Selkirk joins BILTIR board

Scott Selkirk has been appointed to Bermuda International Long Term Insurers and Reinsurers’ board of directors

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Marsh appoints digital asset and D&O product leaders

Marsh has appointed Jacqueline Quintal as US digital asset leader and Matthew McLellan as US directors and officers liability product leader

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Miller hires James Powers to enhance its reinsurance capabilities

Miller has hired James Power as its new exposure analytics lead, to strengthen the firm’s exposure analytics and deal structuring offering for reinsurance clients

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Davies makes two promotions in Keoghs

Davies has promoted Allison Carr as CEO and Gary Fitzpatrick as chief commercial officer, in its legal solutions business, Keoghs

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Ratings affirmed for ADM Insurance Group

A.M. Best has affirmed the financial strength rating of A- and the long-term issuer credit ratings of “a-” of Agrinational Insurance Company and its wholly-owned subsidiary, ADM Insurance Company

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HDVI teams up with Munich Re and Spinnaker Insurance, expands into four states

The High Definition Vehicle Insurance Group, the next-generation commercial auto insurance business, has formed new relationships with Munich Re Specialty Insurance and Spinnaker Insurance Company

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John Talley to retire from Missouri Department of Commerce and Insurance

John Talley has revealed his plans to retire from his position as captive programme manager at the Missouri Department of Commerce and Insurance on 31 March

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A.M. Best: ILS and traditional reinsurance market showed resilience at Jan renewals

The report, Insurance-Linked Securities Market Weathers Elevated Catastrophe Activity and Global Pandemic in 2020, finds that the global reinsurance capital returned to its pre-pandemic level of $485 billion at year-end 2020

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Washington State captive bill is ‘poorly drafted’, says Vermont’s Rich Smith

“Washington could have instituted a self-procurement tax like several other states — instead, the Office of the Insurance Commissioner chose pride over prudence,” according to Rich Smith, president of the Vermont Captive Insurance Association

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GFSC pre-authorises Robus Insurance PCC captive cell

Guernsey-based protected cell company Robus Insurance PCC has had a captive cell pre-authorised for a client for their professional indemnity programme

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AGCS: businesses need to review BCP due to rising political unrest

Business continuity planning needs to proactively address political violence risks, particularly in highly-exposed sectors such as retail, according to the latest issue of Global Risk Dialogue from Allianz Global Corporate & Specialty

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