Washington Insurance Commissioner Mike Kreidler has ordered unauthorised insurers Olympic Casualty Insurance and ASA Assurance to stop insuring risk in Washington state for their parent companies Starbucks and Alaska Air Group

Laura Langone has been named the 2020 president for the officers of The Risk Management Society board of directors

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of ICM Assurance

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of NEWGT Reinsurance Company

The Hong Kong government has proposed an amendment bill that would extend the scope of insurance businesses eligible for the reduced concessionary tax rate of 8.25 percent

A.M. Best has affirmed the financial strength rating of A- (Excellent) and long-term issuer credit rating of “a-” of Nova Casiopea Re

The acquisition provides members of AggCap II with full legal finality, elimination of operating expenses, and a release of capital

Crowe’s senior audit manager Erin Hackett has been appointed to the CICA board of directors

W.R. Berkley Corporation has formed Oak Harbor Reinsurance Company, a protected cell captive insurance company, which was licensed by the North Carolina Department of Insurance on 25 November

A.M. Best has affirmed the financial strength rating of “B++” (Good) and the long-term issuer credit rating of “bbb+” of AES Global Insurance Company

Former Atlas Insurance Management business development manager, Brian Flinchum, has re-joined the captive industry by starting his own consulting company, based out of Jacksonville, Florida

A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” of Park Assurance Company