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HAI Group purchases housing inspection software

HAI Group has acquired InspectUS housing inspection software from Inspection Group...

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Spirit and Radius ratings affirmed

A.M. Best has affirmed the financial strength ratings of “A (Excellent)” and long-term issuer credit ratings of “a” for Spirit Insurance Company and Radius Insurance Company, captives of Phillips 66...

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BNY Mellon launches medical claims platform

BNY Mellon has launched an automated medical claims payment platform for its property and casualty insurance clients...

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NORCAL buys Preferred Physicians Medical RRG

NORCAL Mutual Insurance Company has acquired PPM Services, the holding company for Preferred Physicians Medical Risk Retention Group (PPM)...

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SIIA requests Notice 2016-66 extension from IRS

The Self-Insurance Institute of America (SIIA) has asked the Internal Revenue Service (IRS) to grant more time to 831(b) captives that need to comply with Notice 2016-66...

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CapAlt offers captive services to MediGroup

Captive Alternatives (CapAlt) has entered into a sponsorship agreement with MediGroup Physician Services to provide captive start-up services to its members...

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Timing of micro-captive notice is ‘perplexing’

The timing of the US Internal Revenue Service (IRS) and Treasury's notice on micro-captive insurance arrangements is “perplexing”, according to captive audit defense expert Tim Tarter...

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Stable outlook for JPMorgan Chase captive

A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the long-term issuer credit rating of “a” of Park Assurance Company, the single parent captive of JPMorgan Chase & Co...

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Fox Rothschild wins approval for New Jersey captive

The State of New Jersey’s department of banking and insurance has given Fox Rothschild the approval for an on-shore captive insurance company to insure underground storage tanks...

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New group captive for Artex

Artex has launched a new heterogeneous group captive, Command, domiciled in Grand Cayman...

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Capita EB strengthens senior investment team

Capita Employee Benefits has expanded its senior investment team, adding three new hires to its investment consultancy practice and promoting one existing team member...

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The Chelsea Group acquires Security Exchange

The Chelsea Group has purchased Security Exchange, a security risk management company...

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