The Internal Revenue Service has petitioned the US District Court for the District of Delaware against the Delaware Department of Insurance to enforce a summons for documents related to its micro captive investigation

Belinda Fortman has joined the Tennessee Department of Commerce and Insurance as a captive insurance section director, replacing Jennifer Stalvey, effective 29 June

The American Bankers Association has written a letter to the Federal Housing Finance Agency requesting for them to overturn its decision on banning captive insurance companies from its membership

The American Bankers Association has written a letter to the Federal Housing Finance Agency requesting them to overturn its decision on banning captive insurance companies from its membership

The Tennessee Department of Commerce and Insurance has revealed that despite uncertainty this year so far, the state’s insurance industry has “continued to thrive”

Allianz Global Corporate & Specialty SE is realigning its board of management focusing on responsibilities for regions and markets as well as for Underwriting and Claims functions

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a+” of Solen Versicherungen AG and Noble Assurance Company

A.M. Best has affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of Reaseguradora America SPC, which is based in the Cayman Islands

Bermuda International Long Term Insurers and Reinsurers has been accepted as a member of the Global Federation of Insurance Associations

BevCap Management, a captive insurance programme manager, has promoted Lynn Coor to the role of COO

A.M. Best has assigned a financial strength rating of A and a long-term issuer credit rating of “a” to Oxford Insurance Company LLC

William Rogers, a chartered financial consultant, has joined CIC Services as principal