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Tax reform: the fallout for captives
Accounting & tax analysis
When US Congress passed the Tax Cuts and Jobs Act, the captive insurance industry was left wondering how the changes would affect captive programmes. Niki Garceau and Daniel Kusaila of Crowe Horwath explore the impact of the new legislation.   16 April 2018
Solving problems and herding cats: a struggling risk retention group
Analysis
A risk retention group in Montana formed when commercial rates were high started to lose members as the market softened around 20 years later. Stephanie Mocatta, CEO of SOBC Sandell, shares her experience acquiring this distressed entity.   16 April 2018
Analysis
Kansas governor Jeff Colyer has approved a bill that updates the state's captive insurance statutes and allows certain captive insurance companies in the State of Kansas.   16 April 2018
Analysis
Specialised large account insurance broker Beecher Carlson Insurance Services has promoted Joseph Siech to CEO and B. Scott Davis to COO.   10 April 2018
Actuarial & underwriting
More organisations looking to cost-effectively manage their net retained terrorism risk are using captive insurers to access the Terrorism Risk Insurance Program Reauthorisation Act of 2015 (TRIPRA), according to Marsh's 2018 Terrorism Risk Insurance Report.   9 April 2018
Analysis
Morris, Manning & Martin has appointed partner Tony Roehl as co-chair of the law firm's insurance and reinsurance practicse.   9 April 2018
Analysis
Captive insurers with US property-catastrophe exposures may be concerned by news that the 2018 Altantic hurricane season (June 1 to November 30) is expected to result in 14 named storms, creating a "slightly above-average" hurricane season, according to Colorado State University researchers.   6 April 2018
Analysis
The State of North Carolina licensed 66 captive licenses in 2017, with a further three during 2018 so far.   6 April 2018
Actuarial & underwriting
SOBC Sandell, a company that specialises in the acquisition and management of distressed re/insurance entities, has received regulatory approval from the Vermont Department of Financial Regulation to form a captive manager in the state.   4 April 2018
Analysis
The Georgia state senate has passed a new bill that would amend the state's insurance law to allow the division of a domestic insurer into one or more parts, allowing them to separate themselves from unwanted exposures.   3 April 2018

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