
Excerpts Provided Below
Vermont DFR Awarded $66.7 Million in Global Hawk Lawsuit
September 28, 2023On July 21, 2023, Judge Christina Reiss of the United States District Court for the District of Vermont (Vermont District Court) awarded the Vermont Department of Financial Regulation (Vermont DFR) $67.7 million in a lawsuit filed against Jasbir S. Thandi and Global Century Insurance Brokers (GCIB). Thandi was the controlling officer of the Vermont-domiciled Global Hawk Insurance Company Risk Retention ...
2023 Risk Retention Group Directory & Guide Available
September 28, 2023The Risk Retention Group Directory & Guide 2023 (Directory & Guide) is available. As it has for more than 30 years, the Directory & Guide offers key information about the risk retention industry and marketplace with a variety of information pertaining to all operating RRGs, their service providers, and state regulation. The 2023 edition of the Directory & Guide features ...
2022 Captive Manager Rankings: SRS and Palmetto Move Up
September 28, 2023Risk retention groups reported another strong year of premium growth in 2022 with premium increasing 12.8% to $4,902.8 million. And though formations slowed, the number of operational risk retention groups increased to 242—the highest number of operational risk retention groups in over a decade. That continued activity contributed to further shakeups in captive manager rankings for risk retention groups. Aon ...
Excerpts Provided Below
Vermont DFR Awarded $66.7 Million in Global Hawk Lawsuit
September 28, 2023On July 21, 2023, Judge Christina Reiss of the United States District Court for the District of Vermont (Vermont District Court) awarded the Vermont Department of Financial Regulation (Vermont DFR) $67.7 million in a lawsuit filed against Jasbir S. Thandi and Global Century Insurance Brokers (GCIB). Thandi was the controlling officer of the Vermont-domiciled Global Hawk Insurance Company Risk Retention ...
2023 Risk Retention Group Directory & Guide Available
September 28, 2023The Risk Retention Group Directory & Guide 2023 (Directory & Guide) is available. As it has for more than 30 years, the Directory & Guide offers key information about the risk retention industry and marketplace with a variety of information pertaining to all operating RRGs, their service providers, and state regulation. The 2023 edition of the Directory & Guide features ...
2022 Captive Manager Rankings: SRS and Palmetto Move Up
September 28, 2023Risk retention groups reported another strong year of premium growth in 2022 with premium increasing 12.8% to $4,902.8 million. And though formations slowed, the number of operational risk retention groups increased to 242—the highest number of operational risk retention groups in over a decade. That continued activity contributed to further shakeups in captive manager rankings for risk retention groups. Aon ...
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