The National Risk Retention Association has commended the decision by the U.S. District Court to permit a Risk Retention Group (RRG) to continue operations in Nevada despite the State's effort to restrict its operations.
UK insurance broker Willis Limited, has reached a settlement with the Financial Services Authority (FSA) for breaches of the FSA Handbook.......
New Jersey has approved the State's first captive insurance company under New Jersey's new captive insurance law that became effective in May.......
Tennessee’s new overhauled captive insurance legislation, signed in June, could change risk management for corporations both within and outside of Tennessee......
Sedgwick Claims Management Services, Inc. has completed its purchase of Nationwide Better Health's Productivity Solutions division.
A.M. Best Co. has withdrawn the ratings of PacWest Captive Insurance Company, Inc at the company's request, following management's decision to stop participating in any risk bearing business
Citadel Insurance Services, is opening a new regional office in Tampa. Further to this the company has appointed Gary Webb as the director of its southeast region to head up this office......
A.M. Best Co. has affirmed the financial strength rating of B++ (Good) and issuer credit rating of "bbb+" of Elwood Insurance Limited. The outlook for both ratings is stable. Concurrently, A.M. Best has withdrawn the ratings at the company's request.
W. R. Berkley Corp. have announced that Tom N. Kellogg will retire effective June 30, 2011. Kellogg joined the Company in 2002 as chairman of Signet Star Holdings, Inc., the intermediate parent of its lead reinsurance company, Berkley Insurance Compa
A.M. Best Europe has affirmed the financial strength ratings of A- (Excellent) and issuer credit ratings of "a-" of Delvag Luftfahrtversicherungs-AG and Delvag Rueckversicherungs-AG, both domiciled in Germany....
Willis North America has appointed John A. Connolly as executive risks practice leader. Since 2009, Connolly has been the co-leader of the practice with Steve Pincus, who will continue to manage Willis' substantial Executive Risks operations in New
The Council of the District of Columbia voted to confirm acting commissioner William P. White as commissioner for the District of Columbia Department of Insurance, Securities and Banking (DISB).......