A US federal court vacates the IRS's 'listed transaction' designation for 831(b) micro-captives, removing a tier of a 2025 rule that had carried penalties of up to US$200,000.
GPW & Associates appoints Abbie Crowe as director of business development.
New Mountain Capital (New Mountain) announces the launch of VictoryRe, a new reinsurance platform marking the firm’s entry into the reinsurance carrier market.
Blackwell Captive Solutions announces the development of a homogenous group medical stop-loss captive designed to provide cannabis operators and growers with a transparent alternative to traditional health plans.
AM Best upgrades the Financial Strength Rating to ‘A’ (Excellent) from ‘A-’ (Excellent) and the Long-Term Issuer Credit Ratings to ‘a’ (Excellent) from ‘a-’ (Excellent) of Fidvest US LLC (Fidvest).
WellGuard Assurance, a Tennessee captive insurance organisation, appoints Ron Rowe as chief executive officer.
United Educators (UE) announces the election of Rajiv Shenoy to its Subscribers’ Advisory Board, where he will serve a three-year term.
Beyond Risk announces the official launch of Beyond Health Partners, a unified health benefits funding specialist that integrates stop-loss, captive, and cost-containment businesses.