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R&Q receives approval for insurance business transfer of ECRA pool liabilities
26 November 2020
Oklahoma Reporter Maria Ward-Brennan

The Oklahoma Insurance Commissioner has approved the insurance business transfer of a portfolio of Sentry Insurance reinsurance policies to National Legacy Insurance Company, a Randall & Quilter Investment Holdings wholly-owned subsidiary

Oklahoma completes first IBT in US
16 October 2020
Oklahoma Reporter Maria Ward-Brennan

The District Court of Oklahoma County has approved the Providence Washington Insurance Company to complete its insurance business transfer plan

Elevate Risk Solutions promotes Rondrea Haywood
11 September 2020
Oklahoma Reporter Maria Ward-Brennan

Rondrea Haywood has been promoted as director of compliance at Elevate Risk Solutions

Oklahoma to reduce capital requirements for certain special purpose captives
21 August 2020
Oklahoma Reporter Maria Ward-Brennan

Oklahoma’s insurance commissioner Glen Mulready has issued a notice to advise all participants in the captive insurance industry on the reduction of required capital for certain special purpose captive insurance companies

Captive organisations form coalition to file brief for IRS Supreme Court case
23 July 2020
Washington DC Reporter Maria Ward-Brennan

Nearly two dozen national and state organisations in the US have filed a joint amicus brief before the US Supreme Court in the case of CIC Services LLC v. Internal Revenue Services

New captive tax premium bill signed into law
26 May 2020
Oklahoma Reporter Maria Ward-Brennan

Oklahoma’s governor Kevin Sitt has signed HB 3864 into law, which sets out how premium taxes by captive insurers should be distributed within the state of Oklahoma

US Supreme Court agrees to hear CIC Services’ case against IRS
05 May 2020
Knoxville Reporter Maria Ward-Brennan

The US Supreme Court has agreed to hear CIC Services’ case against the Internal Revenue Services regarding IRS Notice 2016-66

R&Q enters loss portfolio transfer with Repwest Insurance
24 April 2020
Phoenix Reporter Becky Bellamy

Randall & Quilter has entered into a loss portfolio transfer reinsurance contract and transfer agreement with Repwest Insurance Company

Features
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Modoc Nation

Chief Robert Burkybile III, tribal chief of the Modoc Nation in Oklahoma, discusses concerns about misconceptions and prejudices towards tribal domiciles in the micro-captive insurance industry and provides clarity regarding the Modoc Nation’s high standards

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Going for gold

Industry experts discuss 2023’s captive market performance, trends and developments and share predictions for the coming year

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Time to re-evaluate

With insurers and reinsurers looking to take advantage of the hardening market and the ongoing effects of COVID-19 play out, the run-off market is set to see increased interest in the next 12 months

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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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Sean King
CIC Services

Sean King of CIC Services discusses the firm’s upcoming case against the IRS in the Supreme Court, what a win would mean for the industry, and the support they are receiving from the captive insurance industry throughout this legal process

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Norman Chandler
Arsenal Insurance Management

Norman Chandler is excited to see what Arsenal Insurance Management is capable of in 2017 after last year’s acquisition spree

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John Doak
Oklahoma Insurance Department

Oklahoma’s regulatory modernisation embraced innovative ideals to meet the needs of Oklahomans, says insurance commissioner John Doak

Steve Kinion
Delaware Insurance Department

CIT talks about figures, regulation and all things Delaware with Steve Kinion of the state’s insurance department after its encouraging 2012 captive results

Country profiles
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Oklahoma

Although Oklahoma has had captive insurance legislation for a number of years, the state’s managers and regulators believe that the industry is just getting started

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