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Micronesian captive gets thumbs up

A.M. Best has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating of “a-” of Marble Reinsurance Corporation, with a stable outlook for both ratings...

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Krantz moves up at Pinnacol

Pinnacol Assurance, Colorado’s leading provider of workers’ compensation insurance, has named Kathy Kranz as the company’s new vice president and CFO...

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Trying times for Sony captive

A.M. Best has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating of “a-” of PMG Assurance, though the outlook for both ratings has been classified as “negative”...

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Maersk establishes captive

The Maersk Group has established its own captive insurance company, Maersk Insurance...

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Technology main concern for Canadian insurers

Sixty-five percent of Canadian insurers plan to increase spending on technology in 2015, according to research by Xchanging Insurance Services...

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Schroeder: so much more to captives than that

Setting up a captive insurance programme primarily for tax purposes could get owners and managers into serious trouble, according to president of Roundstone Insurance, Michael Schroeder...

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Osborne lands prestigious award

USA Risk Group is pleased to announce that its president, Gary Osborne, was awarded the James Hinton Captive Insurance Volunteer Award by the Tennessee Captive Insurance Association (TCIA) at its recent annual conference...

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Feldman Law Firm expands its offering

The Feldman Law Firm LLP, the affiliated law firm of Capstone Associated Services, is to expand its services into tax controversy work and audit defence of captive insurers managed by third parties...

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Leonardi eyes the Big Apple

Connecticut Insurance Commissioner Thomas Leonardi is set to join Evercore, a New York-based global investment banking advisory firm, as a senior advisor focusing on insurance...

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NAIC elects 2015 officers

Members of the National Association of Insurance Commissioners (NAIC) have elected the association’s officers for 2015. They will assume their roles on 1 January next year...

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RRG formation still slow, says JLT

The past year has much resembled 2013 as three trends—court victories, financial stability and a soft market—continued in the RRG market, according to JLT Towner Insurance Management...

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NAIC creates cyber task force

The National Association of Insurance Commissioners (NAIC) has formed a special task force to help coordinate insurance issues related to cyber security...

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