Captive manager USA Risk Group (South) has been approved as an authorised captive manager by the Texas Department of Insurance.
It will operate under the name Lone Star Captive Management.
The captive manager said that it is seeing significant interest from domestic Texas companies and it is committed to assisting with the growth and prosperity of this new captive domicile.
11 September 2026 Rapid growth in data centre exposures could encourage greater use of captives, the rating agency claimed at a presentation at the Monte Carlo Rendez-vous.