A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and issuer credit rating of “aa-” of Risk Reinsurance Limited (RRL) (Cayman Islands).......
Sutherland Asbill & Brennan is significantly expanding its insurance and tax practices with the addition of six insurance regulatory, tax and transactional attorneys. James Dwyer, Jeffrey Mace, John Pruitt.......
ACE Risk Management Introduces Multiple-Insured Captive Reinsurance Alternative. The new program offering is designed to provide primary casualty insurance to multiple risk management buyers seeking to implement a single captive....
Captive insurance domiciles both in the U.S. and offshore have begun reporting their 2011 year-end results, with most posting nominal growth despite an uncertain and still stagnant global economy....
The umbrella organization for managers in the world's largest captive insurance domicile, have voted in a new slate of officers, as the outgoing President warned of a changing business and regulatory environment......
Mathew Robinson named director of client services.......
Florida captive legislation voted through unanimously in house.
A.M. Best has downgraded the financial strength rating to B+ from A- and issuer credit rating to “bbb-” from “a-” of School Boards Insurance Company of Pennsylvania......
A.M. Best has revised the outlook to negative from stable and affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of PMG Assurance Ltd......
TPA Captive Insurance Company has earned a Financial Stability Rating (FSR) of A, Exceptional, from Demotech, Inc. This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining....
James J. Wrynn will join the law firm Goldberg Segalla on March 5. He will run the firm's New York office and will be a senior partner in its Global Insurance Services Practice Group.....
The Hartford has strengthened their commercial markets leadership team with three appointments. Tom Tucker, former head of underwriting for AIG's Chartis U.S., joins The Hartford as chief underwriting officer the most notable.