VCIA president Rich Smith said: “The letter’s intimidating and draconian questioning regarding the legitimacy of the small company insurance industry is insensitive at best”

Aon’s CEO Greg Case has asked employees to take a 20 percent pay cut due to COVID-19, in a letter that addressed how the pandemic has affected the firm

AXA XL Risk Consulting has launched a new risk assessment service, remote risk dialogue, to continue evaluating loss prevention across business lines amid COVID-19 restrictions

Crawford & Company has appointed Rohit Verma as the new CEO and Joseph Blanco as the new president

RIMS has circulated a letter to the US Department of the Treasury, Congress and the office of US president Donald Trump, requesting the creation of a pandemic risk insurance programme to accelerate economic recovery due to the fallout of the COVID-19

MAXIS Global Benefits Network has appointed David Watts as its new director of member management, the business’ dedicated network management team

The Internal Revenue Service has extended the deadline for the micro-captive insurance filing positions from 4 May to 4 June 2020 due to the current COVID-19 pandemic

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of National Grid Insurance Company Limited, based in the Isle of Man is a captive insurer of National Grid plc

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Palms Insurance Company, Limited, located in George Town, Cayman Islands

Randall & Quilter has entered into a loss portfolio transfer reinsurance contract and transfer agreement with Repwest Insurance Company

Ohio National Financial Services has promoted Bill Price to senior vice president and general counsel, effective 8 May

The State of Connecticut Insurance Department is set to partner with accounting firms in the state to expand its presence in the captive insurance market