Arkansas insurance commissioner, Allen Kerr will step down from his role to pursue opportunities in the private sector, effective 27 March

KeyState Captive Management has opened a new office in Burlington, Vermont, on 1 March

Risk Strategies has acquired Atlas Insurance Management as part of its purchase of Atlas Group Limited and its affiliated entities

Guernsey Finance has named Rupert Pleasant as its new chief executive, replacing Dominic Wheatley, who in December announced he would be stepping down from his role on 30 June

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a+” of Nuclear Electric Insurance Limited. The outlook of these credit ratings remains stable

Michael Corbett is set to leave the Tennessee Department of Commerce and Insurance and will join Pinnacle Bank as senior vice president, effective 16 March

Feldman Law Firm and Foley Gardere have filed the opening brief with the tenth circuit court of appeals on behalf of Reserve Mechanical Corp, a client of Capstone

The Alabama Captive Association’s bill to update the state’s captive legislation was passed by a vote of 99-0 by the house of representatives on 25 February 2020

The Isle of Man Financial Services Authority (IOMFSA) has revealed plans to introduce a revised risk-based methodology for the calculation of capital and solvency requirements

The majority of businesses in the UK and Germany are exploring captive insurance, according to surveys conducted by Airmic and GVNW in January and February 2020

PwC’s annual review of non-life run-off deals found an increase in publicly announced deals in 2019 compared to 2018, with deals jumping from 32 to 48

A.M. Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” to Federated Underwriting Company, located in Vermont. The outlook assigned to these credit ratings is stable