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Sure Insurance appoints David Lewis as non-executive chairman

David Lewis has been appointed as the new non-executive chairman of Sure Insurance Services

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Vermont offers onshore alternative to BEAT US Tax Reform

Vermont Governor Phil Scott has signed new legislation into law that strengthens the state’s financial services industry by allowing insurers to form affiliated reinsurance companies

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Aon adds new captive CEO

Aon has appointed John English as its new CEO of Aon Captive and Insurance Management

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Hamilton Re hires new SVP controller

Hamilton Insurance Group’s Bermuda-based reinsurance platform Hamilton Re has appointed Carol Redahan as senior vice president, controller

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Clearwater appoints Chaput as executive chair

Healthcare cyber risk management solutions provider Clearwater Compliance has appointed Bob Chaput as its new executive chairman, with Steve Cagle succeeding him as CEO

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Georgia Supreme Court decision reinforces LRRA

A ruling by the Georgia Supreme Court in favour of risk retention groups has prevented insurance authorities in the state from circumventing federal regulations

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Cayman Islands ‘aggrieved’ by ‘constitutional overreach’ of Anti-Money Laundering Bill

The Cayman Islands government is “deeply aggrieved” by the amendment to the UK’s Sanctions and Anti-Money Laundering Bill, according to a statement from the Cayman Islands Office of the Premier

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Microsoft captive issued cease and desist

The State of Washington Office of the Insurance Commissioner has issued a cease and desist order to Microsoft’s Arizona-based captive, Cypress Insurance

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DARAG and New Nordic make first join transaction

DARAG and New Nordic Advisors will acquire two portfolios of Qudos Insurance A/S, the control of which New Nordic acquired in 2017 via a joint cell structure

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Crowe Horwath to become Crowe

Public accounting, consulting and technology firm Crowe Horwath will begin practicing under a new name, Crowe

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Connecticut authorises agency captives

The Connecticut General Assembly has passed a new bill authorising agency captive insurance companies in the state

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DC updates government-run captive legislation

The District of Columbia Council has passed a new bill that updates its captive insurance legislation to authorise the government-run captive, District of Columbia Captive Agency, to write more diverse risks

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