A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of “a-” of the US-based operating subsidiaries of Fortegra Financial Corporation

The Connecticut Insurance Department commissioner Andrew Mais has appointed Fenhua Liu as the new director of the department’s captive insurance division

DARAG has concluded the transfer of reinsurance business with Axeria Re, a Maltese reinsurer

The deal, which is expected to close at the end of September, will see all staff of Dyna will remain at the firm.

The US Court of Appeals for the Ninth Circuit has upheld a district court’s order compelling individual arbitration and dismissing a putative class action alleging violations of the Racketeer Influenced and Corrupt Organizations Act and Arizona law

Thomas Morante and Yani Contreras have joined law firm Carlton Fields from Kaufman Dolowich Voluck

Progress in the Latin America captive market is attributable to improved knowledge and acceptability, according to Adriana Scherzinger of Zurich Insurance

Rondrea Haywood has been promoted as director of compliance at Elevate Risk Solutions

The IRS has urged the US Supreme Court to affirm the Sixth Circuit's rejection of CIC Services challenge to agency reporting requirements, stating that the lower court correctly found the suit is barred by the Anti-Injunction Act

David Stills has been appointed global risk management executive at Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions

The Labuan International Business and Financial Centre has registered seven new captives between January and June this year, bringing the total to 56

In the current hardening insurance market, many companies are struggling with capacity, availability and higher retention, according to Al Gier, global director of corporate risk management and insurance at General Motors Company