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Tennessee governor signs new PCC legislation

Tennessee governor William Haslam has signed new protected cell captive (PCC) insurance legislation, which was passed unanimously by both houses of the Tennessee General Assembly...

NAIC approves American Indian Liaison Committee

The executive committee of the National Association of Insurance Commissioners (NAIC) has approved the formation of an American Indian Liaison Committee...

Radian ends five-year federal investigation with CFPB

Radian Guaranty, the mortgage insurance subsidiary of Radian group, has reached a settlement with the Consumer Financial Protection Bureau...

KPMG gets Smart

KPMG has appointed its former head of Solvency II, Phil Smart, to the new role of UK head of insurance...

Marsh adds McCabe to expanding cyber practice

Matt McCabe has joined Marsh’s growing network security and privacy practice as a senior vice president. He will be based in New York and report to Bob Parisi, Marsh’s network security and privacy practice leader...

NAIC releases 2012 annual report

The National Association of Insurance Commissioners (NAIC) has released its 2012 annual report, Six Degrees of NAIC: Reflecting. Connecting. Protecting...

A.M. Best downgrades Delaware RRG

A.M. Best has downgraded the financial strength rating to “C- (Weak) from B (Fair)” and issuer credit rating to “cc from bb” of United Contractors’ Insurance Company Incorporated A RRG (UCIC)...

Utah launches new captive website

Utah’s captive insurance division has launched a new and improved website to serve the captive insurance industry...

Alvarez & Marsal expands insurance advisory team

Alvarez & Marsal has appointed John Capasso as a senior director to lead the captive risk management division within the firm's insurance advisory practice...

New Jersey approves its first cell captive

New Jersey has approved the formation of QualCare Captive Insurance Company, the first sponsored cell captive in the state...

Blue Whale is as strong as it seems

A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a+” of Blue Whale Re in Vermont...

Cayman welcomes new legislation

A framework for incorporated cell companies has been created in the Cayman Islands...

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