A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of Federated Underwriting Company (Federated), based in Colchester, Vermont

North Carolina licensed 47 captive insurance companies and approved 126 cells and series in 2020, according to the North Carolina Insurance Commissioner Mike Causey

AmTrust Financial Services, a global specialty property and casualty insurer, has hired Jeffrey Batt and Michelle Ingrassia within its cyber insurance team

RH CPAs’ Teresa Jones, Diana Hardy and Daniel Milan explain it is important to consider the possible effects of proposed tax plans likely introduced by the new Joe Biden administration

The initial creation of the captive coordinator position was due to an increased emphasis on captives in the state, according to the OID

Airmic is “cautiously” planning for a return to physical events in H2 2021, and for the return of its annual conference in October, which will be held in Brighton

A bill submitted during Washington State 2021 legislative session would see the creation of a framework for registering eligible captive insurers and imposing a premium tax on the risk covered by premiums allocable to the state

Michael Colao has joined AXA XL as global chief underwriting officer, cyber

After being delayed due to the COVID-19 pandemic, the Connecticut Department of Insurance has drafted a proposal concerning captive insurance for the 2021 legislative session

Aon and Willis Towers Watson have named the executive committee that will be effective upon the completion of the proposed combination

Ronny Vellekoop, senior executive officer, Marsh Captive Solutions in Dubai, says the firm is seeing an increase in captive figures from its clients in the GCC

Coverys Managing Agency, the Lloyd’s managing agent of Syndicates 1975, 1991 and 3330, has appointed Sarah Davies as a non-executive director and chair of risk and capital committee, and David Hipkin as non-executive chair of the board