A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of Park Assurance Company(Park) (Burlington, VT). The outlook for both ratings is stable.....
Cooper Gay, has restructured its UK business, Cooper Gay & Co Ltd, into three core trading units to form a stronger and more streamlined platform for growth......
IASIS Healthcare released financial and operating results for the fiscal second quarter and 6 months ending March 31. Impacting the quarter is the $600,000 in costs associated with the start-up of a physician professional liability captive insurance
The NRRA reported that Governor Christie sent back to the Assembly legislation that would discriminate against Risk Retention Groups (RRG) and Nevada Insurance Commissioner Barratt rejected a proposal to impose fees on RRGs that would violate.....
Trinity Risk has introduced several new Workers' Compensation carve-out insurance products that are designed to help individual or group self-insured accounts manage severity losses with an SIR, Large Deductible or Captive retention.
The 23rd Annual Conference of the National Risk Retention Association, October 5-7 in Washington, will focus on major issues facing the industry as RRGs recover from the impact of the economic downturn, Brian Braley, NRRA Chairman announced.
A.M. Best Co. has affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Tall Pines Insurance Company (Tall Pines) (Burlington, VT). The outlook for both ratings is stable.
The Jersey Trust Company group (JTC) has opened an office in Guernsey that will complement the services provided from its Jersey, Luxembourg, United Kingdom and British Virgin Islands offices....
At a recent meeting of the Board of Directors of the DCIA the decision was taken to expand it's membership from 9 Directors to 13. The expanded Board is said to be more reflective of the growth Delaware has experienced with respect to captive owners
A.M. Best Asia Pacific Ltd is the first rating agency to be approved by the Reserve Bank of New Zealand under the conditions of the Insurance (Prudential Supervision) Act 2010. The registration became effective on April 15, 2011.....
Len Goldberg, Chief Executive Officer of Greenlight Capital Re, Ltd. will retire on August 15, 2011. Bart Hedges, current President and Chief Underwriting Officer of Greenlight Re, will succeed Goldberg upon his retirement.
FiscalReps appoints Paul Chater as senior tax advisor. Chater will provide insurance tax advisory services to FiscalReps’ international client list, which includes insurers, brokers and corporate captive owners......