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Florida lures captive insurance companies with new law

A new law that lowers capital requirements is predicted to augment captive insurance in Florida. The law, which takes effect on the 1 July, was commended by governor Rick Scott as he spoke with business leaders in Miami...

Connecticut captive rated A+

The Farm Credit System Association captive insurance company (FSAC) in Connecticut has achieved a financial strength rating of A (Excellent) and issuer credit rating of a+ by A.M. Best, with the outlook for both ratings stable...

Graduates hope to kick-start captive in Delaware

A new programme jointly created by Delaware’s insurance department and the University of Delaware has graduated its first class of 25 participants...

Oklahoma gives okay on premium tax cap

The US State of Oklahoma’s legislature has approved a premium tax cap of $100,000 for captive insurance companies...

XL Group gives thumbs up to collateral trusts

XL Group is now accepting collateral trusts in leiu of letters of credit (LoCs) as collateral for corporate deductible and captive insurance programmes in the UK...

New Jersey approves fourth captive

The department of banking and insurance issued a certificate of authority for Exchange Indemnity Company New Jersey, a wholly owned subsidiary of Verizon Communications, on 7 May...

GR--NEAM creates strategic sub-advisory relationship with KDP

General Re-New England Asset Management has established an exclusive strategic sub-advisory relationship with KDP Asset Management......

Feldman to lecture

Feldman, CEO of Houston-based Capstone Associated Services is a guest lecturer at the University of Delaware's inaugural Captive Insurance Risk Management Certificate Program commencing April 18 and running until June 6.......

Lockton Chicago expands Trade Credit And Political Risk Practice

Heidi Hepburn joins as vice president.....

Randall & Quilter to acquire Trimac Acceptance

Randall & Quilter has agreed to acquire the entire issued share capital of Trimac Acceptance and its wholly owned subsidiary, Trimac Exit Insurance Ltd a Barbados domiciled captive insurer.....

Hall of fame inductees

RIMS & Chartis Announce 2012 risk management hall of fame inductees.....

Marsh release benchmarking report

Organisations are more likely to form new captives onshore in the U.S. or European Union, while the use of alternative captive structures is growing, especially among smaller organisations.....

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