Members of the Association of Bermuda Insurers & Reinsurers (ABIR) made a direct economic contribution to Bermuda of more than $840 million in 2017, according to the group’s 13th annual member survey results. Data reported for calendar year 2017 from …
The global law firm, Dentons, has named John M. Huff as a partner in its insurance regulatory practice. He is based in Kansas City. Huff most recently served as director of the Missouri Department of Insurance, where he oversaw one …
A working group of the National Association of Insurance Commissioners (NAIC) has recommended the Bermuda Monetary Authority (BMA) for approval as a “qualified jurisdiction” under the NAIC’s reinsurance regulatory modernization framework. The recommendation, if approved, would reduce collateral requirements for …
Missouri businesses could see a decline in their workers’ compensation insurance premiums next year. The state insurance department says a new report by the National Council on Compensation Insurance indicates that insurers are likely to see a 3.7 percent drop …
The Missouri Department of Insurance announced the conclusion of the legal cases of two insurance companies that went into receivership due to insolvency. A Cole County judge ordered Transit Casualty Co. into receivership in November 1985. It is Missouri’s second-longest …
Financial conditions at Missouri’s Barton County Mutual Insurance Co. are strong enough that the company can be released from state oversight, a judge has ruled. A Barton County judge has granted a motion by the department of insurance to release …
