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Vermont DFR files lawsuit against captive executive and advisors for fraud

Commissioner Michael Pieciak of the Vermont Department of Financial Regulation has filed a federal lawsuit in the US District Court for the District of Vermont against Jasbir Thandi, the former president of Global Hawk Risk Retention Group

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Guy Carpenter hires Demian Smith to lead new practice

Guy Carpenter has launched a new marine and energy mutual, agency and captive reinsurance solutions practice

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Erin Brosnihan takes on president role at Kensington Management Group

Kensington Management Group has appointed Erin Brosnihan as president of the full-service management firms

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A.M. Best affirms ratings of Northwind Holdings

A.M. Best has affirmed the long-term issue credit rating of “a” on the $800 million floating rate insured notes due 2037 issued by Northwind Holdings, a Delaware limited liability company and a wholly-owned subsidiary of Unum Group

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R&Q Re registered as segregated account company

Randall & Quilter Investment Holdings has registered its wholly-owned subsidiary, R&Q Re under the Segregated Accounts Companies Act 2000

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AHT Insurance launches specialty captive programme offering

Brokerage and consulting firm AHT Insurance has enhanced its offering with the addition of specialty captive programmes

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Hodgen Mainda steps down as Tennessee’s insurance commissioner

Hodgen Mainda has stepped down as commissioner for TDCI after just one year in the role

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Risk Strategies acquires LaRocca & Associates

Risk Strategies has acquired LaRocca & Associates, a specialty brokerage with expertise in health and welfare benefits across several industries

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Captives remain a priority on Washington OIC legislative agenda

The Washington Office of the Insurance Commissioner has revealed that captive insurance companies remain a priority after they were listed on its 2021 legislative agenda

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Tracy Stopford and Kara Tencellent join NFP’s captive practice

NFP, an insurance broker and consultant, has appointed Tracy Stopford and Kara Tencellent to its property and casualty (P&C) specialty team as managing directors

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VCIA reveals 2021 conference will be in virtual format

The Vermont Captive Insurance Association (VCIA) will hold its 2021 annual conference virtually “to make it accessible to all who wish to participate”, according to Rich Smith, president of the association

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Hylant welcomes two new captive recruits

Theresa Carpenter and Amit Hapani have joined Hylant Global Captive Solutions

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