Thursday, May 15, 2025

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Ken Rosenfield joins Dental Protection Group (DPG) board of directors 

Ken Rosenfield, CPA, and CEO of Rosenfield & Co., is the first member to join Dental Protection Group (DPG)’s board of directors.

Skyward Specialty appoints Corey LaFlamme as president, captives and specialty programmes

Skyward Specialty Insurance Group has appointed Corey LaFlamme as president of captives and specialty programmes, which the firm said will support its continued growth in one of the fastest-expanding segments of the specialty market.

Washington fines Tennessee cell captive for operating without registration  

The Washington State Office of the Insurance Commissioner (OIC) has fined a Tennessee cell captive $5,000 for operating in the State without registering with the OIC.

Ex-UBS team launches 1280 Financial Partners, offers captive services 

A team of asset management advisors has left UBS to launch 1280 Financial Partners, an independent advisory firm in the United States.

AM Best affirms rating of NiSource captive 

AM Best has affirmed the financial strength rating of ‘A’ (excellent) and the long-term issuer credit rating of “a” (excellent) of Utah-domiciled NiSource Insurance Corporation (NICI). The outlook for the ratings is stable.

Luzern Risk investment opportunity to “accelerate” technology 

The additional $12m funding received from Caffeinated Capital will help Luzern Risk meet market demand and accelerate its investment in technology, according to Gabriel Weiss, CEO & co-founder of the captive manager.

Javits Centre to form captive, permitted by New York state budget 

New York governor Kathy Hochul has signed the FY2026 state budget into law, which allows the New York Convention Centre (Javits Centre) to create a pure captive insurer.

Arizona Governor passes HB 2193, reduces cell surplus requirement and allows dormancy  

Arizona governor Kate Hobbs has signed into law HB 2193 that reduces the minimum unimpaired paid-in capital and surplus that a protected cell must possess and maintain from $500,000 to $250,000.

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GCP Short: Cells for brokers and entrepreneurs

Richard is joined by Jeometri's Darren Wadley, founder and executive director, and Aaron Slattery, client services director, begin a discussion on cell and captive utilisation for commercial brokers and entrepreneurs.

GCP Short: Tariffs, Turmoil & Active Investment Management

London & Capital takes a closer look at the volatile international trade war kicked off since President Donald Trump was inaugurated for his second term and the considerations for captives and their investment strategies.

GCP Short: Managing IHG’s mature captive

Luke hosts a discussion with Marc Bentley, head of global risk finance at IHG Plc, which owns a sophisticated multi-linecaptive in Vermont, and Mat Robinson, senior managing director and captive operations leader at Brown & Brown.

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