How do risk managers decide on domiciles for their captives, when more than half the states in the United States are now captive domiciles? Making the decision even more difficult is the option of an offshore like Bermuda, Cayman and others.
Decisions, decisions.
The topic of the expanding number of domiciles comes up often at captive meetings, and I thought about it again at the recent Vermont Captive Insurance Association conference, a gathering place for captive owners, regulators and service providers.
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