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Analysis
Connecticut has entered into two separate memoranda of understanding with The Hartford and Liberty Mutual Insurance to provide supplemental financial assistance to policyholders who file claims and receive awards to remediate their crumbling concrete foundations through the state’s captive insurance programme, the Connecticut Foundations Solutions Indemnity Company (CFSIC).   9 January 2019
Analysis
The State of Vermont licensed 25 captives in 2018, including one affiliated reinsurance company (ARC), according to statistics released by the Department of Financial Regulation.   8 January 2019
Captives’ central role in the construction industry
Analysis
Contractors and sub-contractors in the construction industry face challenges that are not only unique by specialty, but even from one company to the next. Captive insurance is playing an increasingly central role in addressing the day-to-day challenges of this specialised industry, explains Thomas Stokes, managing partner at JLT Insurance Management.   7 January 2019
Analysis
Audit, tax and advisory services firm Johnson Lambert has appointed Allan Autry, Lane Miller and Lauren Williams as partners, based in its North Carolina office.   7 January 2019
Analysis
Insurance broker and consultant Woodruff Sawyer has appointed Dan Schmidt as senior vice president of its healthcare practice.   4 January 2019
Accounting & tax analysis
Captive managers and promoters including Gallagher and Artex have come under fire for allegedly conspiring to sell and manage illegal tax shelter captive insurance strategies. Matthew Queen, general counsel & chief compliance officer at Venture Captive Management, provides some insight into the lawsuit.   17 December 2018
Analysis
Delaware has introduced a ‘speed to market’ approach to setting up captives with the introduction of its conditional licensing programme. Captive International spoke with Steve Kinion about this new legislation and other developments.   13 December 2018
Actuarial & underwriting
From high profile court cases to new regulations and M&A, 2018 has been an eventful year for the captive insurance industry—and 2019 could bring further changes. Nate Reznicek, director of operations at CIC Services, shares his views.   13 December 2018
Analysis
A New York lawsuit has accused home care agencies Edison Home Health Care and Preferred Home Care oh New York of using a captive insurance company Healthcap Assurance to cheat their workers out of millions of Wage Parity Act (WPA) dollars, which would be paid in wages or employee benefits.   13 December 2018
Accounting & tax analysis
Arthur J Gallagher has hit back at the Arizona-based lawsuit accusing it and its subsidiary Artex Risk Solutions of selling and managing illegal tax-advantaged captives, the firm said in a statement.   13 December 2018

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