Vermont Insurance Commissioner Susan Donegan said that Vermont had no interest in any moratorium efforts.
The United Kingdom’s Financial Stability Board (FSB) issued a peer report indicating that the US could improve insurance supervision in a number of areas.
Captives can help healthcare cope with a changing risk environment in the face of the Affordable Care Act (ACA).
The facility also added a new excess rainfall product to its portfolio.
Sanford Saito is expected to be named as the interim leader.
Lawrence Bird told Captive International that the departure of David Fox did not indicate a strategic shift or change in priorities.
Only 12 captives have redomesticated from Bermuda over the past three years, with none having moved this year, according to figures from the BMA.
A recent report by AM Best has found that in spite of US captive insurers having faced significant losses in 2012, the captive industry continues to outperform the US commercial casualty market.
Jordan Belfort, author of The Wolf of Wall Street, will deliver the keynote address.
Speaking to A.M. Best TV, Aon Global Risk CEO Peter Mullen expressed some concern that captive numbers may be inadequate to keep 37 US domiciles afloat.