Captives

Vermont is proposing changes to its captive-insurance law as part of its annual enhancements to its captive statute, according to the Dept. of Banking, Insurance, Securities and Health Care Administration (BISHCA).

States continue to interfere with the lawful operation of risk retention groups and federal legislation is needed to stop the practice, the National Risk Retention Association is telling the Government Accountability Office.

Vermont is proposing changes to its captive insurance law as part of its annual enhancements to its captive statute, according to the Dept. of Banking, Insurance, Securities and Health Care Administration.

Vermont is proposing changes to its captive insurance law as part of its annual enhancements to its captive statute, according to the Dept. of Banking, Insurance, Securities and Health Care Administration.

Armed with a brand new captive law, New Jersey’s captive insurance association today announced the formation of an advisory board and a logo.

U.S. captive domiciles are attracting a lot of attention recently. Here is a "map" of recent captive news that will help guide you through some of the changes and trends the industry is seeing, and where it's headed in the future.

Captive owners identified their biggest concerns as policyholder retention and growth, followed by expanded utilization and collateral, a survey by the Captive Insurance Companies Association has found.

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.