International Center for Captive Insurance Education finishes year in black

first_imgThe Bermuda Insurance Managers’ Association (BIMA) is again offering two full scholarships to the Associate in Captive Insurance (ACI) designation program. The scholarships will be announced in early June at the Bermuda Captive Conference. The following individuals recently completed the Associate in Captive Insurance (ACI) professional designation:Satyajeet Beekarry, PriceWaterhouseCoopers – Grand CaymanAmber Breaux, Alliant Insurance – TXTammy Chute, HSBC Bank (Cayman ) Limited – Grand CaymanJordan Cohen, Physicians’ Reciprocal Insurers – NYAudrey Dixon, HSBC Group – Cayman – Grand CaymanJesse Lussier, USA Risk Group – VTLynsey Marfleet, Aon Insurance Managers – Grand CaymanKristen Minton, Regions Insurance – ARJason Oswald, CNA Insurance – COGregory Petrowski, GPWA – AZLarry Prudhomme, GPWA – AZDaniel Seman, ALPS Corporation – MTTracy Stopford, USA Risk Group – VTTom Syzek, Premier – OHAmanda Wescott, USA Risk Group – VTLori Wind, Wilmington Trust – SC Housing Authority Insurance Group (HAIG) will again be providing the Harry House Scholarshipsreserved for minority students in a college or university risk management program. This opportunity will offer one student a complete ACI scholarship and an additional student will be awarded an individual course scholarship. New Courses and InstructorsICCIE continues to add more new electives to its stable of courses. The first new elective of 2011 is “Captive Board Governance,” which will be offered for the first time this month. Taught by John O’Brien, Wendy Fisher, and Tom McMahon, the course takes an in-depth look at corporate governance from the perspective of the Board of Directors. Both the Harry House Scholarship and the Distinguished Scholar Award will be announced at the VCIA 2011 conference in August. Recent ACI recipients ICCIE is also excited to announce that Derick White will soon be co-teaching (along with Chaz Lavelle) the core course “Forming and Operating a Captive.” The former long-time Vermont regulator, now with Strategic Risk Solutions, will debut in this role later this spring.center_img In another exciting development, ICCIE continues to partner with industry conferences for live seminar broadcasts. Following up on last October’s live webcast of a seminar panel from the Hawaii Captive Insurance Conference, ICCIE’s next live conference webcast will be from CICA on March 14th. “To FASB or to IASB” is the conference seminar to be webcast live and then rebroadcast the following morning. The panel will feature Joel Chansky and Magali Welch. Later in the year a 14th ICCIE course in development will be announced and taught for the first time. Both “Captive Board Governance” and the upcoming elective have been developed with the aid of a Next Generation (Act 46) Grant from the Vermont Department of Labor. The International Center for Captive Insurance Education (ICCIE), based in Burlington, closed the book on 2010 by finishing another year in the black – and by graduating 50 Associates in Captive Insurance (ACIs), bringing the total to date to nearly 200 industry professionals who have completed the captive industry’s only designation.Scholarships to ICCIE for 2011Several scholarships to ICCIE available in the past are again being offered in 2011. These opportunities are: John O’Brien                       Wendy Fisher                  Tom McMahon The Vermont Captive Insurance Association (VCIA) is the sponsor of the Distinguished Scholar Award, a full scholarship to the ACI program offered to a VCIA-member individual based on industry participation and community service.last_img read more

Scientific Games puts forward $350 million note issue for NYX acquisition

first_img Updating the market, the governance of Nasdaq-listed gambling technology supplier Scientific Games Corporation (SGC) has announced that it will sanction a private offering of $350 million senior secured notes due for reimbursement in 2025.  SGC governance will use the net proceeds of its note offering, to fund its cash and debt $631 million outright acquisition of NYX Gaming Group assets, announced on 20 September.The technology supplier informs that should its pending acquisition of Toronto TSX-listed NYX be suspended, SGC will use the funds for general corporate purposes, which may include the prepayment of corporate loan borrowings under the previous terms of its existing credit facilities.This September, SGC announced that it had entered a ‘definitive agreement’ to acquire all related NYX assets, with a view to accelerate its digital gambling dynamics and further gain a strong foothold in the global sports betting market gaining NYX’s OpenBet division as a new vertical.Expanding its omni-channel capabilities, SGC will seek to create a new ‘digital gambling division’ led by current NYX CEO Matt Davey, who will join SGC as President of Digital Gaming should the acquisition be approved.Taking over NYX assets, SGC will gain one of the biggest industry digital services portfolio, as NYX services a number of tier1 industry operators for platform and games content provisions including William Hill, Betsson, bet365 and Caesars Interactive. Scientific Games records $198m loss as COVID swamps casino and lottery performance July 24, 2020 StumbleUpon Share Related Articles Kambi and DraftKings agree on final closure terms July 24, 2020 Esports Entertainment bolsters tournament capacity by acquiring EGL August 27, 2020 Submit Sharelast_img read more

Alabama police issue arrest warrant for DeMarcus Cousins, according to report

first_img Newsroom GuidelinesNews TipsContact UsReport an Error Trail Blazers beat Grizzlies in play-in, earn first-round series with the Lakers Police in Mobile, Alabama have issued an arrest warrant for Lakers center DeMarcus Cousins on a misdemeanor domestic violence charge, USA Today reports.The mother of Cousins’ son recorded a phone conversation in which a man is heard telling her he will “put a bullet in your (expletive) head.” She told police the person on the other line was Cousins.She filed a police report on the call and sent a copy of the recording to TMZ Sports.USA Today reports that Mobile’s court website lists a third-degree harassing communications charge against Cousins. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersThe argument stemmed from Cousins’ desire to have his son travel to attend his wedding, which was last weekend.The alleged victim confirmed to USA Today that she knew of the warrant. This news organization has chosen not to identify her in this story.The NBA and Lakers on Tuesday said in statements that they were “investigating the allegations.”Related Articles With the Warriors last season, Cousins played 30 games after returning from an Achilles tear suffered with the Pelicans. He averaged 16.3 points and 8.2 rebounds in 25.7 minutes per game for the Warriors.Prior to his trade to New Orleans, Cousins was the Sacramento Kings’ franchise player. He was named a Western Conference All-Star every season from 2014-15 to 2017-18.The Lakers open training camp with media day on Sept. 27. How athletes protesting the national anthem has evolved over 17 years center_img Lakers, Clippers schedules set for first round of NBA playoffs According to the NBA’s collective bargaining agreement, the league can fine, suspend, or dismiss and ban players who violate the league’s domestic violence, sexual assault or child abuse policies. The harshest punishments are reserved for repeat offenders. Cousins has had no such violations.Cousins tore his ACL earlier in the offseason after signing a one-year, $3.5 million deal with the Lakers. Lakers practice early hoping to answer all questions Trail Blazers, Grizzlies advance to NBA play-in game; Suns, Spurs see playoff dreams dashed last_img read more