Philippe Cotelle has been appointed as the next president of the Federation of European Risk Management Associations (FERMA).

AM Best has affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of Vermont-domiciled Prism Assurance. The outlook of these credit ratings is stable.

As the most delightful season in Burlington arrives - summer on Lake Champlain - something else comes onto the horizon: VCIA's Annual Conference, August 11–13th at the DoubleTree by Hilton in Burlington, Vermont. You can register here.

Senior Reporter Luke Harrison reports from the Bermuda Captive Conference that took place in June 2025.

The 831(b) Institute, along with more than two dozen organisations representing small businesses, captives, banks, and taxpayer advocates, have submitted a letter to the US Treasury and the Internal Revenue Service calling for the immediate repeal of the recently finalised regulations targeting micro captives. 

The WOWS Insurance Services PCC has been formed to provide full homeowners cover, including wildfire risk for high-value homeowners in California that are struggling to get sufficient coverage following a series of costly events.

The Vermont Captive Insurance Association (VCIA) is seeking an experienced individual with strong leadership and managerial skills to take on the role of president of the Association.

Bruce Molnar, co-founder and majority owner of Alta Holdings, LLC , U.S. Risk Associates Insurance Company Limited, and Newport Re, Inc, has reached a settlement with the Internal Revenue Service.