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More captives writing third-party business in digital era, says Marsh report

The number of captive insurance companies writing third-party business rose by 22 percent in 2018 as the digital era expands the ways that organisations deliver insurance solutions, according to a report by Marsh

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CIC Services vows to continue fight against Notice 2016-66

CIC Services has vowed to continue its fight against Internal Revenue Service (IRS) Notice 2016-66, following the denial of its challenge in the US Sixth Circuit Court of Appeals last week

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New York tax tribunal denies Stewart’s Shops' premium deductions

A New York State Tax Appeals Tribunal has denied deductions made by Stewart’s Shops for premium amounts paid to its wholly-owned captive insurance company, Black Ridge Insurance Company

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NCCIA board elects three new members

The NCCIA has elected three new members, Mike Meehan, Diana Hardy, and Adam Forstot, to its board of directors

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Premium Insurance becomes latest insurer to make Malta/Gibraltar Brexit switch

Premium Insurance Company has relocated to Malta from Gibraltar as part of its Brexit preparations

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Atlas taps NCDOI analyst for Charlotte office

Atlas Insurance Management has appointed Spencer Caldwell as a new account manager in its Charlotte, North Carolina, office

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CIC Services' IRS Notice 2016-66 appeal denied

CIC Services’ challenge of Internal Revenue Service (IRS) Notice 2016-66 has been denied by the US Sixth Circuit Court of Appeals

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Generali’s de Courtois named Insurance Europe vice-president

Insurance Europe, the European insurance and reinsurance federation, has named Frédéric de Courtois as vice-president, for a three-year term

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NGIC ratings affirmed

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

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Marsh: Captives writing terrorism risk up 10 percent in 2018

The number of Marsh-managed captive insurance companies that accessed TRIPRA to write property, workers’ compensation, general liability, and cyber risk rose 10 percent in 2018, according to a Marsh report

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Pinnacle adds new senior consulting actuary to Bloomington office

Pinnacle Actuarial Resources has added Greg Frankowiak as a senior consulting actuary in the firm’s Bloomington, Illinois, office

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Grant Thornton expands Cayman office with new tax practice

Grant Thornton, a global accountancy, tax and advisory firm, has expanded its Cayman Islands office with the establishment of a new tax practice

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