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On May 18, 2018, South Carolina governor Henry McMaster signed into law H. 4675, a package of amendments to the domicile’s captives legislation, which was first enacted in 2000. Jay Branum, director of captives in the South Carolina Department of Insurance, explains the background and the effects to US Captive.   4 September 2018
The sky isn’t falling and risk pools aren’t dead
Accounting & tax analysis
Don’t heed the ‘Chicken Littles’: the outcomes of recent court cases should not hurt the legitimate wing of risk pools, says Nate Reznicek of CIC Services.   4 September 2018
Analysis
The North Carolina Captive Insurance Association elected new directors to its board at the annual board of directors meeting during its annual conference.   4 September 2018
Actuarial & underwriting
Texas-based insurance holding company Houston International Insurance Group (HIIG) is set to enter into a partnership with Massachusetts-based managing general agency Energi Insurance Services, to provide a captive insurance solution for energy clients.   30 August 2018
Analysis
A regulatory enforcement action has raised the spectre of how and whether captives may be subject to unexpected premium tax liabilities in states outside their domicile. Joseph Holahan of law firm Morris, Manning & Martin explores the issue.   28 August 2018
Accounting & tax analysis
The captives world is processing the implications of two high-profile court cases involving captives. Here, John Talley, captive program manager in the Missouri Department of Insurance, gives his perspective on what the cases mean for regulators.   28 August 2018
Analysis
Illinois governor Bruce Rauner has vetoed legislation that would overhaul the Illinois Insurance code and update its captive insurance law to be more attractive to companies that use captives.   28 August 2018
Analysis
BevCap Management, a provider of captive insurance, benefits consulting and risk management services, has entered into a strategic partnership with virtual physical therapy company Reflexion Health, which will provide BevCap clients with a digital platform enabling clinicians to remotely monitor patients.   28 August 2018
Actuarial & underwriting
Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) of Maxseguros EPM (Bermuda), the single-parent captive insurer wholly owned by EPM, Colombia's largest power generation and multi-utility company.   28 August 2018
Analysis
Strategic Risk Solutions (SRS) has opened a new office in the Charlotte, North Carolina area - the firm's first permanent presence in the state since it started managing captives there in 2014.   21 August 2018

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