Burlington, VT— With legislation unanimously passed by Tennessee’s House and Senate that modernizes the state’s captive insurance statutes and seems certain to become law, U.S. captive domiciles promise to become even more competitive. Because the law is expected to allow captives to write worker’s compensation insurance, possibly without fronting, it will also be innovative.
Burlington, VT—The industry’s leading risk and insurance management associations joined in unison to praise the introduction of HR 2126 into the U.S. House of Representatives, Friday, June 3. The bill was referred to the House Committee on Financial Services. This action ends two years of waiting for this bill to arrive in Congress. For at least the last decade, risk managers have sought relief to stop discriminatory practices by some states against risk retention groups.
Burlington, VT —The Towner Management Group (TMG) is proud to announce that Len Crouse, who continues with TMG as a Partner, has been named concurrently a senior advisor and associate for Hanover Stone Partners, LLC.