| July
24, 2008: SRS Launches Healthcare Industry Practice, Appoints
Industry Leaders.
July
18, 2008: A.M. Best Withdraws Ratings of Risk Assurance Company
of Saint Peter’s University Hospital.
July
18, 2008: A.M. Best Assigns Ratings to Builders’ Mutual
Casualty Company.
July
17, 2008: Phil Cameron Joins SPARTA Insurance Company as VP
of Marketing [Photo included].
Breaking
Captive News - July 16, 2008: Clayton Ingram to leave South
Carolina Department of Insurance on Aug. 1.
July
16, 2008: The DCIA Interviews Delaware Captive Insurance Regulator
William P. White, ARe.
This is an informational Q&A article. We will maintain a link
to it from the Domicile Showcase page.
July
16, 2008: Wilmington Trust Adds Experts to Capital Markets Group
in Corporate Client Services Business
July
14, 2008: A.M. Best Assigns Ratings to White Mountain Insurance
Company.
July
14, 2008: Munich Re Report: High death toll marks natural catastrophes
figures [Chart included]
Legislative News - July 9, 2008: House Panel
Passes Improved LRRA Modernization Bill.
July
8, 2008: A.M. Best to Host July 31 Webinar to Review Current
Market for Captive Insurance Organizations. [Registration link included
for this free educational seminar]
July
3, 2008: A.M. Best Assigns Ratings to Sentruity Casualty Company.
July
3, 2008: Veteran Captive Manager Joins Definitive Insurance
Management Services, Inc.
July
1, 2008: VERMONT CAPTIVE INSURANCE ASSOCIATION TO HOLD LARGEST
CAPTIVE INSURANCE CONFERENCE IN THE WORLD.
July
1, 2008: CSAC EIA Partners with TargetSafety to Provide Its
Members with a Comprehensive, Online Risk Management Platform.
July
1, 2008: Wilmington Trust Names Director of Captive Management
Services. [photo included]
June
25, 2008: Wilmington Trust to
Acquire UBS Fiduciary Trust Company. Second
retirement services acquisition of 2008 strengthens market position
of a core business, further diversifies sources of revenue.
June
24, 2008: A.M. Best Affirms Ratings of Elwood Insurance Limited.
June 23, 2008: A.M. Best captive ratings press releases:
June
17, 2008: Atlas Comes Onshore in DC.
June
17, 2008: Karen English Named to 2008 Employee Benefit Power
Broker Team.
June
16, 2008: A.M. Best Affirms Ratings of Sooner Insurance Company.
June
16, 2008: A.M. Best Affirms Rating of Intrepid Insurance Company.
June
13, 2008: USA Risk Group to Enhance Bermuda Operation
with Addition of Cedar Management Limited.
June
6, 2008: TargetSafety and ISFSI partner to bring new unique
training resource to instructors.
June
5, 2008: Munich Re: Obesity – A Challenge for Global Healthcare
Systems.
June
5, 2008: A.M. Best Revises Outlook to Positive for Southern
States Insurance Exchange
June
5, 2008: A.M. Best Assigns Rating to Iron Horse Insurance Company.
June
3, 2008: New Podcast from ACE USA Provides Insight Into How
Brokers Can Place Workers Compensation Risk in West Virginia.
June 2, 2008:
Julie Mix McPeak joins Burr & Forman's Nashville Office. [photo
included]
June
2, 2008: A.M. Best Assigns Rating to Heddington Insurance Limited.
June
2, 2008: We just received word that Callum Beaton has
been awarded the Chartered Insurance Institute's Rutter Medal for
2008. Callum's submission focused on a dissertation entitled,
"Has captive insurance truly eArned Its place in risk financing?"
Congratulations to Callum on this prestigeous and well-deserved
award!
May
30, 2008: ISLE OF MAN TO SHOWCASE CAPTIVE INSURANCE EXPERTISE
IN LONDON.
May
29, 2008: Bartlett Actuarial Group Announces Julie Ekdom's Achievement
of Associate in Risk Management (ARM) Designation.
May
29, 2008: Wilmington Trust Announces Netherlands Expansion.
May
29, 2008: Governor Douglas Signs Omnibus Banking Bill. Measure
Includes Key Provisions For Vermont’s Captive Insurance Sector.
May
22, 2008: A.M. Best Upgrades Ratings of National Independent
Truckers Insurance Company, A RRG.
May
20, 2008: A.M. Best Upgrades Ratings of AHS Insurance Company
Ltd
May
16, 2008: RISK SERVICES, LLC NAMES STEVEN BANKES AS DIRECTOR
OF PROGRAM MARKETING. Mr. Bankes brings 15 years of Alternative
Risk Transfer sales and marketing experience to Risk Services, LLC.
May
14, 2008: Cost efficiency places British Virgin Islands in pole
position to the become the world’s largest offshore captive
domicile.
May
13, 2008: ISLE OF MAN CAPTIVE SECTOR PREPARED FOR REGULATORY
UPDATES. [Conference group photo included.]
May
12, 2008: Munich Re: Satisfactory First Quarter in Difficult
Environment. [raw financial data included]
May
9, 2008: Active Captive Management Announces Executive Appointments.
May
9, 2008: Willis Opens New Captive Operation in Malta.
May
8, 2008: Leading economic commentator to speak at Guernsey Insurance
Forum 2008. [Photo included.]
May
8, 2008: Arizona Captive Insurance Association Announces Winner
of First Crystal Cactus Award And New 2008-09 Board and Officers.
May
5, 2008: Additional Seats Available for May 8 Webinar - Issues
in Life Settlement Securitization. Over 300 participants have already
registered for this event.
May
2, 2008: A.M. Best Assigns Ratings to Eastern Atlantic Insurance
Company.
May 1, 2008:
ICCIE Continues Strong Performance Into 2008.
April 30,
2008: MCIA Supports Legislation to Modernize Liability Risk
Retention Act.
April
29, 2008: A.M. Best Upgrades Rating of Knight Insurance Company
Ltd.
April
29, 2008: Solvency II and Captives: focus on implementation.
FERMA calls on member associations to play an active role in
development of Solvency II to ensure fair treatment of captives.
April
29, 2008: AzCIA to Announce Crystal Cactus Award Winner at Upcoming
Conference.
April
28, 2008, A.M. Best Special Report: Bermuda Insurers Carry Strength
Into a Softening Market.
April
28, 2008: A.M. Best Affirms Ratings of Eastern Re Ltd. S.P.C.
April
25, 2008: Karin Landry Elected Secretary/Treasurer of CICA.
April
23, 2008: A.M. Best Withdraws Ratings of States Self-Insurers
Risk Retention Group, Inc.
April
22. 2008: SCCIA Launches Advertising Campaign Promoting South
Carolina Domicile.
April
17, 2008: NRRA APPLAUDS INTRODUCTION OF H.R. 5792.
April 17,
2008: SIIA Supports ‘Insurance Options’ Bill in
Congressional Hearing. Lawrence Mirel Testifies in Support of Three
Major Elements of Bill on Behalf of Association.
April
17, 2008: A.M. Best Assigns Ratings to Indemnity Insurance of
DC Group and Its Members.
April 15,
2008: SIIA Supports New Legislation to Modernize Federal Liability
Risk Retention Act.
April
15, 2008e: BERMUDA INSURANCE MARKET UNDERWRITING RESULTS CONTINUE
UPWARD TREND. Latest available statistics show continued increase
in premiums, growth in capital base.
April
10, 2008: Belmont Risk Solutions launches new Caribbean catastrophe
protection product.
April
10, 2008: BEECHER CARLSON’S EXECUTIVE LIABILITY PRACTICE
BECOMES FIRST BROKERAGE TO LAUNCH ISS-ACCREDITED AND CUSTOMIZED
BOARD TRAINING PROGRAM.
April
7, 2008: Willis’ International Captive Practice Announces
Senior Management Promotions.
April
4, 2008: Jill Husbands Appointed Chairman of Bermuda IDC Conferences
Subcommittee.
April
3, 2008: NBIS Transfers Captive Management Operations to Camelback.
April
1, 2008: Isle of Man is captive domicile of choice for Vaultex
UK Limited. Fast track incorporation follows strong Island collaboration.
April 1,
2008 : SIIA Asks DOL to Ensure Level Playing Field for Self-Insurance
In New Regulation Addressing Health Plan Fee Disclosures.
March
26, 2008: SIIA Announces RRG Legal Defense Initiative.
March
25, 2008: Arizona Department of Insurance Continues Responsive
Operations.
March
24, 2008: MCIA Announces Release of 2007 Montana Domicile Report.
March
24, 2008: A.M. Best Assigns Rating to Risk Reinsurance Limited
March
14, 2008: Seamus Tivnan to Join Strategic Risk Solutions. Our
congratulations and best wishes to SRS and Seamus!
March 11, 2008: Discussion of the
Auto Dealers RRG litigation from Muldoon Murphy
& Aguggia LLP, counsel for the RRG, and directly involved in
the litigation. Download California
Department of Insurance Prohibited from Enforcing Cease and Desist
Order Against Auto Dealers RRG. Captive.com wishes
to thank our friends at Muldoon Murphy & Aguggia for sharing
this important data.
March
11, 2008: BEECHER CARLSON EXPANDS NATIONAL CONSTRUCTION AND
REAL ESTATE PRACTICE IN SAN FRANCISCO WITH APPOINTMENT OF INDUSTRY
VETERAN -- Toni Johnson Deepens Beecher Carlson’s Construction
and Affordable Housing Expertise in the Western Region. [includes
photo]
March
11, 2008: CICA Releases Results of 2008 Captive Survey on Fronting,
Reinsurance and Employee Benefits.
March
11, 2008: International Insurance Association Names New Officers
[includes photo].
March
10, 2008: A.M. Best Assigns Ratings to Tall Pines Insurance
Company.
March
7, 2008: Risk Retention Group Wins Right to Operate in California
Under Federal Law. SIIA hails judgment by California federal court.
March
6, 2008: Self-Insurance/ART Industry Lobbied Congress During
Annual “Walk on Capitol Hill” Today.
March
3, 2008: Regulator Named to Head State’s Captive Insurance
Division in Vermont. Dave Provost to Become New Deputy Commissioner.
February
21, 2008: New Zealand Announces Record Year for Captive Insurance
Companies.
Official
Statement of Vermont Governor James H. Douglas on the Withdrawal
of Federal Captive Insurance Regulations.
February
20, 2008: IRS Withdraws Proposed Captive Tax Regulation
February
20, 2008 (CFCI): IRS WITHDRAWS PROPOSED CAPTIVE INSURANCE TAX
REGULATIONS
February
20, 2008: IRS Withdraws Proposed Regulations Impacting Captives
February
20, 2008: A.M. Best Assigns Rating to Zale Indemnity Company.
February
19, 2008: Cayman’s Captive Insurance Sector Remained Strong
in 2007 (charts included).
February
19, 2008: Munich Re America announces Strategic Business Unit
Management Teams.
February
13, 2008: Record turn out for SC “Friendly Society”
February 8 breakfast meeting. Eighth anniversary event attracts
114 captive professionals.
February
13, 2008: ISLE OF MAN REPORTS CAPTIVE SUCCESS FOR 2007.
February
7, 2008: Shareholders of Commerce Bancorp, Inc. approve proposed
acquisition by TD Bank Financial Group.
February
6, 2008: CICA Honors 2008 Recipients of Prestigious Industry
Awards.
February
6, 2008: AzCIA and the Arizona Department of Insurance Register
Concerns with Arizona's Congressional Delegation in DC Regarding
Proposed IRS Regulations Impacting Captives. (Links to both letters
supplied in Press Release)
From this press release, we supply links to the two letters referenced
in the PR -- one from the AzCIA, the second from the Department
of Insurance.
Captive.com wishes to congratulate two new ACI Designees as described
in the following press releases:
February
1, 2008: BEECHER CARLSON’S CAPTIVE SERVICES PRACTICE OBTAINS
SAS 70 TYPE II REPORT. Report Certifies Beecher Carlson’s
Control Environment and Effectiveness in Captive Program Management.
February
1, 2008: Montana Captive Insurance Association Announces Domicile
Success in 2007
February
1, 2008: Montana Captive Insurance Regulatory Staff Update Signals
Commitment to Domicile Growth. Steve Matthews named Captive Insurance
Coordinator for the Montana State Auditor’s (SAO) office.
January
31, 2008: Russ Wenitsky to lead Munich Re America’s Innovative
Solutions team.
January
31, 2008: A.M. Best Assigns Rating to Transmonde Services Insurance
Company Limited.
January
30, 2008: SCCIA Announces Dates for 2008 Educational Conferences.
Watch the Conference
Calendar for more info, registration procedures and links.
January
30, 2008: Roundstone introduces American Business Captive®
to Agencies. A heterogeneous group captive insurance opportunity
for accounts with premiums greater than $250,000.
January
29, 2008: BEECHER CARLSON EXPANDS NATIONAL ENERGY PRACTICE WITH
APPOINTMENT OF INDUSTRY VETERAN CHARLES PIERPONT.
January
24, 2008: Skip Myers and Lew Hassett to Co-Chair Insurance &
Reinsurance Group at Morris, Manning & Martin, LLP.
January
23, 2008: Bermuda Insurance Management Association (BIMA) Endorses
ICCIE's Associate in Captive Insurance Designation.
January
23, 2008: Growth and ‘firsts’ for Guernsey’s
insurance industry in 2007.
January
23, 2008: OLD LANE, A CITIGROUP COMPANY, TEAMS WITH INDUSTRY
VETERAN TOM GOLUB AND FOUNDING INVESTOR AUSTIN VENTURES TO FURTHER
ACCELERATE BEECHER CARLSON’S INDUSTRY-LEADING GROWTH.
January
22, 2008: South Carolina Domicile Enjoys Captive Success in
2007.
January
21, 2008: BMA Announces Round of Senior Management Promotions.
Jeremy Cox Appointed as Deputy Chief Executive Officer; Shanna
Lespere promoted to Director, Insurance, Licensing and Authorisations.
Breaking Captive News, January 21:
Two high-profile captive insurance leaders -- Len Crouse and Rod
Morris -- will be leaving their posts shortly. Press
Releases follow:
- Vermont:
Long-time Captive Insurance Regulator to Retire. Leonard Crouse
Helped Pave Way for Growth of Industry in Vermont.
-
Arizona: ADOI Seeking New Captive Administrator
to Head Arizona's Captive Insurance Program
January
16, 2008: Proving the World Is Round, SIIA Sets Sail for Barcelona.
January
16, 2008: A.M. Best Withdraws Ratings of Capital Region Insurance
Company.
January
15, 2008: SIIA Health Care Blueprint Addresses Uninsured and
Health System Efficiency.
We have included links to the full text of the SIIA Blueprint from
this press release.
January
15, 2008: BEECHER CARLSON APPOINTS STEVE DENTON AS PRESIDENT.
January
14, 2008: SIIA Learns of Hill-Treasury Talks in ‘Shuttle
Diplomacy’ on IRS Issue.
January
14, 2008: Robert L. Symonds, Jr. and Matthew J. O’Toole
Join Stevens & Lee’s Corporate Practice, Stevens &
Lee Begins Wilmington Office Expansion.
January
8, 2008: BEECHER CARLSON ACQUIRES ALLIANCE INSURANCE GROUP.
Acquisition Significantly Strengthens Beecher Carlson’s Commitment
to Growing Southwest Region and Aligns with Specialization Strategy.
January 7,
2008: Dwight Asset Management Appoints David J. Thompson, CFA,
as President. Laura P. Dagan, CFA, remains CEO and Chairman of the
Board.
January 3
Press Release from CICA: Captive Industry “Best Practices”
To Be Unveiled at CICA International Conference.
December
27, 2007: Wilmington Trust Adds To Captive Insurance Management
Services Team in Vermont (includes photos).
December
21, 2007: MCIA Reaffirms Its Role as Key Organization Opposing
Proposed IRS Regulations Impacting Captives.
December
21, 2007: SCCIA Submits IRS Comment Letter Highlighting Why
Proposed Regulations Impacting Captives Should be Withdrawn.
December
21, 2007: CIC-DC Responds to Proposed Regulations Impacting
Captive Insurance Companies.
December
21, 2007: COALITION FOR FAIRNESS TO CAPTIVE INSURERS FILES COMMENTS
WITH IRS
December
21, 2007: SIIA Asks IRS to Withdraw Proposed Regulation That
Would Damage the Captive Insurance Industry. Also available from
this press release is the full text of Dick Goff's letter.
December
21, 2007: USA Risk Group Expands Into Barbados.
December 20, 2007: Just arrived, two important press releases from
South Carolina:
December
14, 2007: SCCIA Annual Conference Attracts More Than 325 Attendees;
Association and DOI Leaders Offer Positive Comments for 2008.
December
10, 2007: Reinsurance Directive Transposed. Dublin International
Insurance & Management Association (DIMA) welcomes the transposition
of the Reinsurance Directive into full European legislation today.
December 7,
2007: Dwight Asset Management Appoints Peter Vutz as an International
and Non-Dollar Portfolio Manager. Firm Continues Expansion of Its
Investment Team and Fixed Income Capabilities.
December
5, 2007: Investec Trust’s Rosemary Marr becomes STEP Chairman
Worldwide.
December 5, 2007: Captive Ratings Press Releases from A.M. Best:
November
30, 2007: BEECHER CARLSON EXPANDS NATIONAL ENVIRONMENTAL PRACTICE
WITH APPOINTMENT OF INDUSTRY VETERANS. Rick Craig and Kyle Strand
Deepen Beecher Carlson’s Environmental Risk Management Expertise
to Help Clients Manage Complex Challenges.
November 30, 2007: CHSI
Executive Lauded as “Person of the Year."
Breaking
Captive News: November 26, 2007 -- Derick White
to Take Position in Private Sector. Peter Raymond Promoted To Director
of Captive Insurance.
November
26, 2007: Guernsey continues to lead in captive insurance education.
November
19, 2007: Liberty Mutual Creates Specialty Lines Unit to Bring
Dedicated Focus to Growing Markets.
November
16, 2007: SCCIA Representative Meets with Key U.S. Senator To
Discuss IRS Regulations Impacting Captive Insurance. This
PR offers a link and an address for captive industry professionals
to offer their written comments prior to the December 27th deadline.
November
16, 2007: MCIA Elected Leaders and Key Regulator Come to Washington,
DC for Lobbying Meeting in Response to Proposed IRS Regulations
Impacting Captives
November
16, 2007: Associations Team Up and Lobby Congress to Oppose
IRS Regulations Impacting Captives.
November
13, 2007: Proposed IRS Regulations Prompt VCIA / CICA Coalition.
November
13, 2007: A.M. Best Affirms and Assigns Ratings to Ancon Insurance
and Petroleum Casualty Group.
November
12, 2007: Arizona Licenses 100th Captive Insurance Company.
November
7, 2007: Cottingham & Butler Announces Captive Dividends.
Over $4.5 million of dividends was recently declared by the Board
of Directors' of the trucking group captives that they administer.
November
2, 2007: Llive from SIIA Conference: Csiszar Highlights Growth
of ART Marketplace at SIIA Conference.
November
1, 2007: BARTLETT ACTUARIAL GROUP OPENS NEW OFFICE IN PHOENIX,
ARIZONA.
October
31, 2007: James A. Kinder to Step Down as CEO of Self-Insurance
Institute of America, Inc.
Our congratulations and best wishes to both Jim and to Dick Goff,
managing member of The
Taft Companies, a captive manager in Baltimore, Maryland,
who will become president/CEO of SIIA on January 1, 2008.
October
26, 2007: Zurich North America Commercial expands group captive
product to include Segregated Portfolio Companies.
October
24, 2007: CBB, ALLIANZ GROUP ANNOUNCE LAUNCH OF ALLIANZ OPERATIONS
IN BAHRAIN.
October
23, 2007: Delaware Captive Insurance Association’s Second
Annual Conference Demonstrates That Delaware is the First Choice
for Captives.
October
22, 2007: A.M. Best Affirms and Assigns Ratings to Prism Assurance,
Ltd.; Revises Outlook to Positive.
October
19, 2007: Wilmington Trust Announces Third Quarter Earnings.
October
17, 2007: A.M. Best Downgrades and Assigns Ratings to Real State
Insurance Corporation; Removes From Under Review.
October
12, 2007: SIIA Addresses Sen. Baucus on Taxing Foreign Reinsurers.
October
9, 2007: In the Captive Limelight -- DISB Commissioner Delivers
2007 Captive Report on the District.
September
27, 2007: A.M. Best Affirms Ratings of Connaught Insurance Company
Limited.
September
19, 2007: Investec Trust wins prestigious industry award (STEP)
in London.
September
18, 2007: VCIA ENHANCES CAPTIVE INSURANCE ROAD SHOWS BY OFFERING
MORE CPE / CLE CREDIT TO PARTICIPANTS
September
14, 2007: In a bid to encourage the professional and ethical
development of an industry in full expansion in Switzerland, The
Swiss Association of Trust Companies is formed.
September
10, 2007: Continued growth for Guernsey bank deposits.
September
10, 2007: Australian city council establishes Guernsey captive.
September
7, 2007: NATIONAL RISK RETENTION ASSOCIATION CELEBRATES 20TH
ANNIVERSARY.
Critical
Captive News, July 17, 2007: Statement
by WTC Captive Insurance Company re: lawsuit filed today (7-17-07)
by Worby Groner.
[For background on this topic, see Mancini's
Musings 6, The Story of the World Trade Center Captive]
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