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Arizona joins captive associations in addressing IRS letter

The Arizona Captive Insurance Association has issued a letter to Arizona’s congressional delegation in response to the Internal Revenue Service’s letter sent to micro-captive insurance company owners

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ICCIE offer new scholarship opportunities

The International Center for Captive Insurance Education is offering two scholarship opportunities, the Harry House Captive Insurance Scholarship, sponsored by HAI Group and the Vermont Captive Insurance Association Distinguished Scholar Award

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Utah joins Vermont in highlighting concerns over IRS attack on captive owners

The Utah Captive Insurance Association board members have sent a letter to Utah's congressional delegation in response to the Internal Revenue Service’s letter sent to micro-captive insurance company owners

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A.M. Best affirms Pfizer’s captive ratings

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a+” of Blue Whale Re, based in Burlington, Vermont

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VCIA address IRS letter concerning micro captives

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”

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Aon employees to take pay cut

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

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AXA XL launches virtual risk assessment initiative

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

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Crawford & Company names new president and CEO

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

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RIMS calls on US officials for pandemic risk insurance programme

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

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MAXIS GBN promotes David Watts

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

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IRS extends deadline for micro captive filing positions

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

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A.M. Best affirms National Grid captive ratings

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

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