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ATGI RRG receives ‘fair’ rating

A.M. Best has assigned a financial strength rating of B and the long-term issuer credit rating of “bb” to American Transportation Group Insurance RRG

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Berkley launches expanded cost-containment programme for clients

Berkley Edge is available at no additional cost to all stop-loss, group captive, and managed care clients

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Lloyd’s plans to become ‘most advanced insurance marketplace’

Phase one, which will be delivered during 2020, includes the launch of an electronic risk exchange which could, over time, process as much as 40 percent of Lloyd’s risks

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Holmes Murphy launches BrokerTech Ventures

Dan Keough, Holmes Murphy chairman and CEO, said: “We welcome entrepreneurs and startups with a captive focus to consider an approach with BrokerTech Ventures in the future”

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MAXIS GBN adds analytics and digital tools to OneClient portal

MAXIS Global Benefits Network has upgraded its OneClient portal for multinationals with new analytics and digital tools

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Tennessee Insurance Hall of Fame welcomes three

Julie Mix McPeak, Mary Frances Miller and William Williams are being placed into the Robert Musto Tennessee Insurance Hall of Fame at Middle Tennessee State University

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Aon’s Andrew Christie takes on head of captives role

Aon Risk Solutions has confirmed Andrew Christie will be relocating to Arizona to start his new role as head of captive operations

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Johnson & Johnson wins appeal in New Jersey tax case

Johnson & Johnson has won an appeal against a New Jersey Tax Court refusal of $55 million refund on self-procurement tax

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Primerica Life Insurance sees superior rating affirmed

A.M. Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit ratings of “aa-” of Primerica Life Insurance Company and its affiliates

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McDermott Will & Emery hires Michael Halsband

Michael Halsband has been appointed as partner at McDermott Will & Emery

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IRS is ‘blurring the lines’ between good and bad

The Internal Revenue Service has decided that it benefits from blurring the lines between good and bad rather than clarifying them, according to Sean King of CIC Services in reaction to the new IRS settlement scheme for micro captives.

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Holmes Murphy acquires captive management firm

Holmes Murphy has expanded its international presence with the acquisition of Global Captive Management

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