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A.M. Best has assigned a financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” to MMIC Risk Retention Group, Inc. (MMIC RRG)
Oklahoma insurance commissioner Glen Mulready has said the state’s insurance business transfer law will bring “tremendous opportunities” after approving its second IBT plan
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
The insurance commissioners from Washington State, North Carolina and Delaware have all won re-election in the 2020 US election
The Washington Office of the Insurance Commissioner has revealed that captive insurance companies remain a priority after they were listed on its 2021 legislative agenda
The District Court of Oklahoma County has approved the Providence Washington Insurance Company to complete its insurance business transfer plan
Rebecca Hale will be responsible for captive management operations in Washington DC, Delaware and New Jersey
Washington Insurance Commissioner Mike Kreidler has started a study to determine how many organisations in the state are not paying insurance premium tax as required under state law
Frances Jones reviews the proliferation of PCCs in the captive industry and across key domiciles
Frances Jones explores how EB captives can support and accelerate an organisation’s DEI objectives
Industry professionals discuss how a captive can be used to provide coverage for the long-tail risk of workers’ compensation, and how the COVID-19 pandemic has impacted this market
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
CICA President Dan Towle hails the captive industry’s rapid growth, showcased by record attendance at the 2024 Conference, and outlines emerging trends – from talent initiatives driving diversity to private equity’s influx shaking up the job market
Marsh’s Ellen Charnley speaks to CIT about ReadyCell, the company’s AI-powered risk financing solution
Stephen Taylor talks to Frances Jones about his role and his ambitions for the Delaware captive programme
Debbie Walker discusses developments in North Carolina’s captive industry, challenges around COVID-19 and the priorities of the department of insurance for the rest of 2020
Insurance commissioner Mike Kriedler provides an overview of the implementation of Washington’s new captive law, as well as the likely impact on captive owners in the state
Although Ireland hasn’t experienced a huge amount of growth within its captive market over the last few years, there is said to be a renewed interest in Dublin as a preferred domicile
With a ‘very active’ captive market in 2020, DC plans to launch a financial services regulatory sandbox this year that will include captives
Vermont continues to lead in the captive market but must keep up with liberalising market trends spreading across the US
