The diverse nature of Utah’s economy has seen it grow into a world leading captive domicile, according to Travis Wegkamp, captive director at the Utah Insurance Department
Joel Chansky of Milliman has been elected chair of the board of directors for the Captive Insurance Companies Association
Vermont has proposed to update its branch captive legislation to require branch captives to designate the state’s commissioner of the Department of Financial Regulation as its agent for service of process
Delaware is set to extend the deadline for a captive’s annual report and annual premium tax payments from 1 March to 15 April each year
A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and long-term issuer credit rating of “a-” of PMG Assurance, the pure captive of Sony
USA Risk Group has appointed Stephen Roseman as president and CEO, replacing Gary Osborne, who stepped down from the role last month
Marsh Captive Solutions has formed Mangrove Insurance Europe PCC, a new protected cell company (PCC) domiciled in Malta
R&Q Investment Holdings has been assigned an “A- (excellent)” credit and financial strength rating from A.M. Best for its European subsidiary R&Q Insurance (Malta)