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NCCIA: captives at the forefront of ‘the renaissance of technology’

Technology is in a period of renaissance and captives have a massive part to play, according to Michelle Osborne, senior deputy commissioner of the North Carolina Department of Insurance

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SRS expands presence into North Carolina

Strategic Risk Solutions has hired Dana Williams as the firm expands its presence into North Carolina

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KBRA relocates New York office to support growth

KBRA has relocated its New York office in order to accommodate rapid growth

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Nevada DoI receives first AHP filing

The Nevada Division of Insurance has received the first fully-insured AHP filing for the Henderson, Boulder City and Latin Chambers of Commerce in Nevada, following the final rule issued by the DoL in June

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Illinois nearing landmark captive framework reform

SB 1737, which is awaiting the signature of state governor Bruce Rauner, would amend the Illinois Insurance Code’s regulatory framework favourably for captives, following the lead of jurisdictions like Vermont, Hawaii and South Carolina

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Allison & Mosby-Scott expand captive offering with Vermont licence

Allison & Mosby-Scott is now licensed to practice law in Vermont in a move that will help the firm support its clients with captives domiciled in the state

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Microsoft case: JLT warns Washington captives to contact tax professionals

JLTIM has urged all captive owners operating in Washington state to contact their tax professionals after the settlement in the Microsoft case

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HUB launches cannabis services

Global insurance brokerage, HUB International, has launched Cannabis insurance and risk services, a new division of its Agribusiness and Farm Specialty Practice

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DARAG appoints group CFO

Legacy acquirer DARAG has appointed James Halley as group CFO as part of its ongoing strategic upscaling

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CIMA and NAIC sign cooperation agreement

The Cayman Islands Monetary Authority and the National Association of Insurance Commissioners have signed a memorandum of understanding

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Lloyd’s agencies support ILS as permanent reinsurance market fixture

Lloyd’s of London managing agents are supportive of increasing the use of ILS, according to a survey from the LMA

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Microsoft case: decision to settle reveals ‘troubling trend'

Microsoft’s decision to settle with the Washington state Office of the Insurance Commissioner reveals a troubling trend according to Matthew Queen, general counsel & chief compliance officer at Venture Captive Management

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