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State Street’s captive ratings affirmed
01 February 2021
Vermont Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of Federated Underwriting Company (Federated), based in Colchester, Vermont

Vermont welcomes 38 new captives in 2020
21 January 2021
Vermont Reporter Maria Ward-Brennan

The Vermont Department of Economic Development has revealed the state licensed 38 new captive insurance companies in 2020

A.M. Best affirms JPMorgan Chase captive ratings
15 January 2021
Vermont Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” of Park Assurance Company, based in Colchester, Vermont

Tennessee’s insurance sector strengthened state’s economy in 2020
14 January 2021
Tennessee Reporter Maria Ward-Brennan

The TDCI has revealed that $22.8 million was located and returned to Tennesseans in combined life insurance benefits/annuities and monies returned through the department in 2020

ConocoPhillips’ captive ratings affirmed
13 January 2021
Vermont Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” of Sooner Insurance Company, based in Vermont

CICA, VCIA and CIC-DC respond to proposed TRIP rule changes for captives
12 January 2021
Minnesota Reporter Maria Ward-Brennan

CICA, VCIA and the CIC-DC have all submitted a response to a request for public comment regarding the participation of captive insurers in the TRIP established under the TRIA

Molina Healthcare hires Brian Maddy
07 January 2021
Oklahoma Reporter Maria Ward-Brennan

Molina Healthcare, which provides managed healthcare services under the Medicaid and Medicare programmes, has appointed Brian Maddy as plan president of Molina Healthcare of Oklahoma

BPS promotes David Ward as firms youngest partner
17 December 2020
South Carolina Reporter Maria Ward-Brennan

Bauknight Pietras & Stormer has appointed David Ward to its leadership team as a partner, effective 1 January 2021

Features
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Navigating captive regulations across US states

In the first of two articles on captive legislation in US states, Diana Bui talks to regulators from Vermont, Utah and North Carolina about their strategies to stay competitive and adapt to industry changes

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Upskilling in the captive industry

J.J. DeBrosse, Tom Faulconer and William Gulley from Butler University’s Lacy School of Business, talk about different programmes for professionals working in risk and insurance industry

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Bridge-it

Atlas Insurance PCC’s Ian-Edward Stafrace shares how innovative cell solutions can simplify cross-border insurance

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Butler Blue bulldog moves kennels

Butler University’s Victor Puleo and Craig Caldwell discuss the re-domestication of the world’s first student-run captive from Bermuda to Vermont

Interviews
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Zlata Cavka
Advantage Insurance Management

Zlata Cavka, an account administrator working with captive companies in Vermont, speaks with Diana Bui about captive management and emerging opportunities in the industry

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Brittany Nevins
Vermont Department of Economic Development

Vermont’s Brittany Nevins shares how the Vermont Captive Insurance Emerging Leaders programme is aiming to educate students and insurance professionals on the benefits of a career in captives

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Tara Miller
Milliman

Milliman’s Tara Miller speaks to Frances Jones about her experiences and influences in the industry

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Eric Funk
NFP Risk & Insurance Strategy Collective

Emerging talent Eric Funk talks to Frances Jones about his experience serving at NFP RISC and his future aspirations working in the captive industry

Country profiles
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North Carolina

Ten years after the inception of its captive insurance law, North Carolina is flourishing, having hit a significant milestone in licences, and having become the third largest domicile in the US. Ned Holmes examines what the Old North State is doing right

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Canada

Strategic Risk Solutions observes further domestic options for Canadian captives, while examining the markets of onshore domiciles, Alberta and British Columbia, and offshore in Barbados

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Latin America

Industry participants discuss their hopes for captives in Latin America, as well as recent developments and the barriers to captive uptake in the region

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Vermont

Sandy Bigglestone, Christine Brown and Kevin Mead discuss the prosperous landscape of the captive industry Green Mountain State, as well as the state’s recent legislative amendments and what to expect from this year’s VCIA conference

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