Rhode Island Regulation 68 News

Pro US Holdings, the sole shareholder and immediate parent of ProTucket Insurance Company – the insurance carrier established in Rhode Island to provide run-off transfer solutions in the U.S. – has contributed $35 million of funding to ProTucket Insurance Company. …

ProTucket Insurance Company has become the first Rhode Island domestic insurer to be formed specifically for providing run-off portfolio transfer solutions. The move has been made possible under new state legislation which will allow companies to transfer their insurance business …