Articles
Analysis
The Self-Insurance Institute of America (SIIA) has released a code of professional standards to provide ethical business conduct guidance to captive managers. 23 January 2019
Analysis
Insurance software provider CHSI Technologies has created captive management software designed to improve efficiency, transparency and compliance. 21 January 2019
Analysis
With the cannabis industry expected to generate over $20 billion in US sales in 2021 and only a handful of insurers active in this space, there is a prime opportunity for captive insurers to step in. An inherent conflict at a federal level scares away many captive managers, but those not willing to act might get left behind. Matthew Queen, chief compliance officer and general counsel of Venture Captive Management, has the details. 21 January 2019
Analysis
Legal services firm Butler Snow has appointed Benjamin Whitehouse as senior counsel of the firm's regulatory and government relations practice, based in Nashville. 18 January 2019
Analysis
Massachusetts-based managing general agency Energi Insurance Services has established a new group captive for energy clients within fuel distribution, energy transportation, energy construction, renewable energy, agricultural cooperative, and utilities segments. 15 January 2019
Analysis
Employee Benefit Management Services (EBMS), a healthcare management company based in Montana, has appointed James Vertino as its CEO. 15 January 2019
Analysis
Randall & Quilter has started 2019 by completing two new transactions relating to exit solutions in the self-insurance and captive markets. 10 January 2019
Analysis
The Delaware Captive Insurance Association (DCIA) has appointed Christian Stormer to serve on its board of directors. 10 January 2019
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
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