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Montpelier picks Charles Taylor for claims management

Lloyd’s underwriter Montpelier has selected Charles Taylor Insurance Services’s TRAX-TCM claims workflow and diary management system...

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CICA: regulation still number one

State and federal regulatory issues are still the number one concern for captive managers, according to the Captive Insurance Companies Association’s most recent market survey...

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CICA: mixed messages from 2014 projections

Growth in insurance premiums has been forecast for 2014, according Dr Anne Gron...

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Captive tax increase under consideration in NY

A proposed tax reform in New York could result in a significant tax increase for captives, according to Sutherland Asbill & Brennan LLP...

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Bidmead moves up at Marsh

David Bidmead is taking over as global multinational client service leader and chair of the multinational executive committee at Marsh, effective 1 April...

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South Dakota makes captive changes

A new bill revising aspects of South Dakota’s captive insurance legislation has been signed into law. South Dakota governor Dennis Daugaard signed HB 1051, an act to revise certain provisions regarding the regulation of captives, into law...

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Giving the folks a loan is a bit of a risk, says Fitch

Loans between a captive and its parent are “a potential liquidity risk that could arise if claims volume rose unexpectedly”, according to Fitch Ratings...

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Capstone and PoolRe win $1.4 million from captive client

An arbitrator has awarded $1.4 million in damages to PoolRe and Capstone Associated Services after clearing the companies of negligence and fraud charges brought by a captive client...

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UK captive ruling offers lesson to US

The Court of Appeal for England and Wales’s decision to uphold a lower court’s ruling in the dispute between AstraZeneca Insurance Company and Bermudian reinsurers could teach US captives and their management firms some important lessons...

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Jersey court clarifies that cells are companies

The Jersey Royal Court has confirmed that the cell of a protected cell company incorporated under the Companies (Jersey) Law 1991 has the right to enter into arrangements with its members...

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Captives Snowball for Utah

David Snowball has been appointed as the new director for the captive division of the Utah Insurance Department, replacing Ross Elliott who retires at the end of the month...

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JLT expands Latin American footprint

Jardine Lloyd Thompson Group (JLT), one of the world's largest providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, has established JLT Re Argentina...

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