The Delaware Department of Insurance has revealed that the state licensed 70 new captives in 2020, including 67 conditional licenses
Nevada’s new captive association, the Nevada Captive Insurance Council, has started work on 2021 activities in a bid to promote, protect, and enhance the state as a premier US captive domicile
There has been an increase in manufacturing companies pursuing captive insurance as a solution to the insurance conundrum, according to Randy Sadler, a principal with CIC Services
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
North Carolina licensed 47 captive insurance companies and approved 126 cells and series in 2020, according to the North Carolina Insurance Commissioner Mike Causey
AmTrust Financial Services, a global specialty property and casualty insurer, has hired Jeffrey Batt and Michelle Ingrassia within its cyber insurance team
RH CPAs’ Teresa Jones, Diana Hardy and Daniel Milan explain it is important to consider the possible effects of proposed tax plans likely introduced by the new Joe Biden administration
The initial creation of the captive coordinator position was due to an increased emphasis on captives in the state, according to the OID
Airmic is “cautiously” planning for a return to physical events in H2 2021, and for the return of its annual conference in October, which will be held in Brighton
A bill submitted during Washington State 2021 legislative session would see the creation of a framework for registering eligible captive insurers and imposing a premium tax on the risk covered by premiums allocable to the state
Michael Colao has joined AXA XL as global chief underwriting officer, cyber
After being delayed due to the COVID-19 pandemic, the Connecticut Department of Insurance has drafted a proposal concerning captive insurance for the 2021 legislative session