The bill calls for advantageous new reinsurance options to be provided to captives and also allows them to have more lines of authority to operate within
CIC Services, a captive insurance manager and strategist, is urging the US Congress to swiftly overturn a new IRS rule that imposes additional restrictions on Section 831(b)
In his new role, Lydon will lead nationwide sales efforts and oversee client management, addressing the growing demand for alternative risk management solutions
Ryan Specialty Underwriting Managers has promoted Eric Quinn to president, a role previously held by CEO Miles Wuller, who will now focus exclusively on his CEO responsibilities
Price Forbes Re has appointed Sherman Power to the newly created role of executive vice president, Alternative Risk and Capital Solutions
Ohio State University has established its own captive insurance company to better manage risks and control costs
The study, titled ‘Why the Cybersecurity Gap Between SMEs and Large Organisations Matters’, highlights the challenges SMEs face in achieving cyber resilience compared to their larger counterparts
AM Best has revised the outlooks for Mercury General Corporation and its subsidiaries to ‘negative’ from ‘stable’, citing uncertainty over wildfire-related losses and future reinsurance costs
