A.M. Best has affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit rating (ICR) of “a-” to Bearing Midwest Casualty Company and Horizon Midwest Casualty Company, both domiciled in Lenexa, Kansas...

Hyperion Insurance Group has appointed Will Bloomer as chief risk officer and general counsel...

Aspen Insurance Holdings chief risk officer, Julian Cusack, has decided to step down from his role—effective immediately—after more than ten years with the firm...

JLT Reinsurance Brokers (JLT Re) has appointed Henry To as chairman and CEO of its reinsurance operations in China and Hong Kong...

The Self-Insurance Institute of America (SIIA) has launched a new educational initiative focused on employee benefit group captives (EBGCs), also known as stop-loss captives...

US Congressman and co-author of the Nonadmitted and Reinsurance Reform Act (NRRA), Scott Garrett, has addressed the speaker of the US House of Representatives to state that the legislation was never intended to apply to captive insurance...

The New Jersey Department of Banking and Insurance (NJDOBI) has approved Lumerica Insurance Company—a subsidiary of BASF Americas Corporation—to operate as a captive insurer in the US state...

Hanover Stoner Partners has promoted executives Barbara Casanova and Edward Molloy to senior risk advisors...

Guernsey has signed a Double Taxation Agreement (DTA) with Singapore and a Tax Information Exchange Agreement (TIEA) with Brazil...

Robert Bentley has been named as the new president and CEO of CS STARS, Marsh's risk and claims management business unit...

The American Society of Workers Comp Professionals (AMCOMP) has named president and founder of Demotech, Joseph Petrelli, as an alternate on its board of directors...

China's first locally incorporated captive insurer shows that the country’s businesses are developing more sophisticated risk management strategies, according to A.M. Best...