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Utah joins Vermont in highlighting concerns over IRS attack on captive owners
01 May 2020
Utah Reporter Maria Ward-Brennan

The Utah Captive Insurance Association board members have sent a letter to Utah's congressional delegation in response to the Internal Revenue Service’s letter sent to micro-captive insurance company owners

New captive legislation signed into law in Utah
08 April 2020
Utah Reporter Maria Ward-Brennan

Utah governor Gary Herbert has signed an insurance amendment bill into law, which includes amendments for captive insurance companies within the state

WRCIC 2020 conference cancelled due to COVID-19
18 March 2020
Utah Reporter Maria Ward-Brennan

The Western Region Captive Insurance Conference board has cancelled this year’s conference because of concerns around COVID-19

Reserve files opening brief with tenth circuit court of appeals
02 March 2020
Houston Reporter Maria Ward-Brennan

Feldman Law Firm and Foley Gardere have filed the opening brief with the tenth circuit court of appeals on behalf of Reserve Mechanical Corp, a client of Capstone

Utah reveals 2019 captive figures
05 February 2020
Utah Reporter Maria Ward-Brennan

Utah licensed 42 risk bearing entities in 2019, 11 of which were cell captives, according to statistics from Travis Wegkamp, director of captive insurance for the Utah Department of Insurance

WRCIC conference details revealed
28 October 2019
Utah Reporter Maria Ward-Brennan

The 2020 Western Region Captive Insurance Conference will be held on May 18 to 20 in Salt Lake City, Utah

CICA: ICCIE training can help solve challenge of finding experienced regulators
14 March 2019
Arizona Reporter Ned Holmes

ICCIE training can be a solution to the “perennial challenge” of finding experienced and qualified captive regulators, according to Steve Kinion, director, Bureau of Captive and Financial Insurance Products, Delaware Insurance Department

Utah welcomes 38 new captives in 2018
13 February 2019
Utah Reporter Ned Holmes

Utah licensed 35 new captive insurance companies last year, a drop in comparison to the 60 licensed in 2017

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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Top of the range

Ahead of this year’s Western Region Captive Insurance Conference, event chair Renea Louie talks to Rebecca Delaney on what to expect from the 2022 conference, hot topics on the agenda, and the current landscape of the captive industry in Western Region domiciles

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The golden rules

Ben Whitehouse of Butler Snow and Kevin Walters of the Tennessee Department of Commerce and Insurance discuss regulatory updates and the importance of having a symbiotic relationship between the regulator and captive companies

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Culture of innovation

Delegates gathered in St Louis, Missouri, for the 8th annual Western Region Captive Insurance Conference, which brought together industry leaders to help develop a ‘culture of innovation’

Interviews
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Travis Wegkamp
Utah Insurance Department

Travis Wegkamp provides CIT with an overview of Utah’s progress in the captive market, highlighting key regulatory changes and his future aspirations

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Regulators of Arizona
Missouri and Utah

Regulators of Arizona, Missouri and Utah give an update on the health of the Western Region captive domiciles

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Michael Low and
Alan Fine

Michael Low and Alan Fine preview the Western Region Captive Insurance Conference, break down what the schedule has to offer, and discuss what delegates can expect

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Ross Elliott
Utah Captive Insurance Association

Ross Elliott of the Utah Captive Insurance Association discusses what attendees can expect from this year’s Western Region Captive Insurance Conference

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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Missouri

Sam Komo of the Missouri Department of Commerce and Insurance, Alan Fine of Armanino, and John Talley of TAL Consulting discuss current market conditions for the captive industry in the state of Missouri, as well as the regulatory environment and emerging risks

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Arizona

Known as the Grand Canyon State, Arizona has seen slow but steady growth within its captive industry

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Utah

Travis Wegkamp of Utah Insurance Department explains that the state is seeing larger companies move to the state with more robust risk management programmes, higher premium volume, and a long-term outlook for the use of their captive

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