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CICA: Window for cannabis captives may be short

The window for captive insurance companies to provide coverage for cannabis may be short, according to David Provost, deputy commissioner for captive insurance, Vermont Department of Financial Regulation

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CICA: We must work together to police RRG ‘bad actors’

The industry must work together to police bad actor RRGs or the NAIC might look to alter the way they operate, according to Dana Sheppard

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CICA: No clear answer whether other states will emulate Washington

There is no clear answer to whether more US states will emulate the aggressive stance on captive insurance companies taken by the State of Washington Office of the Insurance Commissioner, says Mikhail Raybshteyn

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Temple students win CICA essay contest

Two Temple University students, Angel Song and Alana Vicale, have won the CICA ‘Next Generation Captive Insurance Solutions for New Risk Challenges’ essay contest for college RMI students

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Guernsey fulfils EU Council Code of Conduct Group legal substance requirements

Guernsey has satisfied the EU Council’s Code of Conduct Group and the European Council of Finance Ministers’ legal substance requirements for entities operating in or through the jurisdiction

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CICA: The talent crisis is here and hitting the industry hard

The talent crisis is here and is hitting the insurance industry hard, according to Sandra Springer, senior vice president at Captive Resources

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CICA: Poorly executed succession planning linked to wave of M&A activity

Poorly executed succession planning is a primary driving force behind the increase in M&A activity, according to John Prescott, managing partner, Johnson Lambert and Company

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CICA: Control, capacity, and cost are driving forces behind cyber captives

Control, capacity, and cost are the three major reasons that captive insurance companies are being utilised for cyber insurance coverage, according to Michael O’Malley, managing director at Strategic Risk Solutions

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CICA: Captives continue to be misunderstood

The captive industry continues to be misunderstood, according to Captive Insurance Companies Association president Dan Towle

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Bowers and ACIG receive CICA awards

The Captive Insurance Companies Association has handed out awards to Gary Bowers and the American Contractors Insurance Group for their contributions to the captive industry.

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Aon’s White Rock opens DC business

Aon’s has expanded its protected cell facilities under the White Rock Group with the launch of business in its seventh domicile, the District of Columbia

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MSU using captive following Nassar scandal

Michigan State University has launched its own captive insurance company to cover general and auto liability, following the Larry Nassar sex abuse scandal

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