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RRGs stable, says Demotech

Risk retention groups (RRGs) continue to collectively provide financial stability and remain committed to maintaining adequate capital to handle losses, according to a review by Demotech...

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FHFA extends comment period

The Federal Housing Finance Agency (FHFA) is to extend the comment period for the agency’s proposed rule on Federal Home Loan Bank (FHLB) membership by 60 days...

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Friends with benefits

Solvency II Solutions and insurance consultants Barnett Waddingham have entered into a strategic partnership...

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Bad news for Sorford Surety Insurance

A.M. Best has downgraded the issuer credit rating to "bb" from "bb+" and affirmed the financial strength rating of B (Fair) of Sorford Surety Insurance...

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Simply the Best for Willis Guernsey

Willis Group Holdings has appointed Martin Best as managing director of Willis Management in Guernsey. He will report to Paul Owens, CEO of Willis Global Captive Management...

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JLT continues specialty expansion

JLT Specialty Insurance Services is set to purchase part of Alliant Insurance Services...

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Re-elections and new faces at IOSCO

The International Organization of Securities Commissions (IOSCO) has re-elected Greg Medcraft as chairman of the board at the annual conference in Rio de Janeiro...

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Capstone moves into Tennessee

Capstone Associated Services has been approved as a captive manager in the state of Tennessee as part of its continued expansion of client services...

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Tatlock joins SRS

Dave Tatlock has joined the Strategic Risk Solutions (SRS) in its Burlington, Vermont office...

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New chairman for the NRRA

Dan Labrie, president and CEO of HAI Group, has been elected chairman of the National Risk Retention Association (NRRA) at its recent board of directors meeting...

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Meehan posthumously honoured

Ed Meehan, pioneer of captive insurance regulation in the US, has been posthumously honoured with the Karen Cutts Visionary Award...

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Nebraska rules in favour of RRG

The Nebraska Supreme Court has ruled that the Liability Risk Retention Act (LRRA) preempts a state law that prohibits arbitration provisions in insurance policies...

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