AM Best affirms ratings of BNY Mellon’s captives

The Bermuda and New York based captives provide comprehensive reinsurance coverage and...
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Risk Strategies acquires EB firm

New-York based Ladmar Group provides customised employee benefits solutions and advice.  ...
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Nevada captive insurer sued by client

Captive insurance company Talisman Casualty Insurance is being sued by a client...
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Risk Strategies appoints EB leader

US insurance company Risk Strategies has named Michael Grant its employee benefits...
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Purdue Pharma considers captive formation

Purdue Pharmaceuticals is considering setting up a captive insurance company in a...
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Pasich hires new partner

Pasich has hired Peter Halprin as a partner as it looks to...
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Applied Underwriters, affiliates hit with $3m penalty

Berkshire Hathaway’s workers' compensation insurance company Applied Underwriters and a number of...
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Moody’s faces allegations of “aggressive, risky and abusive” sham captive

A former Moody’s employee has alleged that the rating agency knowingly submitted...
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New York continues to lose captives

No new captives were formed in the state of New York during...
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Appeals tribunal upholds New York decision on deductible premium

The New York State Tax Appeals Tribunal has supported the findings of...
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New York requests captive data for disaster relief planning

New York’s Department of Financial Services has written to all insurers in...
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New York ruling challenges tax deductibility for captive premium

The premiums paid to a captive by a New York-based convenience store...
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New York’s FHLB welcomes first captive member

Commercial property giant SL Green Realty Corp is the first real estate...
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Christine LaSala quits as WTC captive CEO

The CEO of the captive insurance company established to cover the health...
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NY captives face tax hike under proposed reform

Proposed corporate tax reform in New York is likely to raise taxes...
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Captives & financial stability

Despite the sabre-rattling of its superintendent of financial services, it is far...
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Mandatory benefit spend proving captive fillip

A big uptick in captive use is expected in New York due...
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Fitch Ratings: PBR debate creates uncertainty for U.S. life insurers

Fitch Ratings has waded into the argument surrounding principle based reserving (PBR)....
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NY grocery chain forms Connecticut captive

The owner of one of the largest grocery store chains in Manhattan...
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New York secedes from Principles Based Reserving

New York is letting the Joint Working Groups principles-based reserving (PBR) expire...
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GC Securities completes MTA cat bond

US registered broker-dealer GC Securities, a division of MMC Securities Corp., has...
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AIG drops case against New York Fed over losses

American International Group Inc (AIG)  has agreed to end litigation against the...
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New Jersey licenses third captive from New York

New Jersey is hoping New Jersey-parented captives will redomicile in the state since it...
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Kane raises funds and changes CEO

Kane has raised additional funding from its principal shareholder and confirmed the...
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MedPro RRG gets superior ratings

Medical professional liability insurer, MedPro Risk Retention Group RRG has been assigned...
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Director of the Delaware Bureau of Captive and Financial Products Stephen Taylor identifies trends he...
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In a wide ranging interview with Spring Consulting's Prabal Lakhanpal and Peter Johnson, the pair...
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Fresh from winning Insurtech Solution of the Year at the Captive Review US Awards earlier...
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Michael Whitfield of Atlas Insurance PCC explains how, after the disruption caused by Brexit, the...
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