NU Online News Service, March 16, 1:10 p.m. EDT
TUCSON, Ariz.—Because of the rapid growth of captive insurers in the state, Utah has added two examiners this year and will hire another within the next two months, said the state's captive regulator.
The domicile licensed 54 captives in 2010, bringing the total to 188, Ross Elliott, Utah's captive division director, told NU Online News Service. In 2009, 33 were added, and 32 were added in 2008, he said.
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