Vermont governor Phil Scott has signed new captive legislation into law, allowing for agency captives to be licensed in the state
John Harris has joined Brady Risk Management to head up the company’s newly formed Brady Risk Program Managers
Since Labuan’s first captive was established in 1998, the sector reached approximately 40 captives in 2016, contributing to an aggregated written premium value of $348.6 million
More companies are showing an interest in forming new captives or protected cell companies over the next five years, especially in North America, Asia Pacific and the Middle East, according to the new Aon Global Risk Management Survey
Citadel Risk has opened a new incorporated cell captive company in Tennessee, Citadel Tennessee Captive Insurance Management
The introduction of insurance linked-securities (ILS) legislation could be delayed after UK Prime Minister Theresa May called a snap general election for 8 June
Patrick Walsh has been named the new executive vice president and chief claims officer of York Risk Services Group
The US District Court of Eastern District of Tennessee has dealt a blow to micro captives and their managers in the run-up to the 1 May deadline to comply with Notice 2016-66