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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 Self-Insurance Institute of America (SIIA) has introduced a new initiatives designed to encourage young professionals to get involved with the association and the self-insurance industry. 4 April 2018
Analysis
Multi-asset strategies can provide an attractive investment approach for captive insurance companies, as Andries Hoekema, global head of insurance segment, HSBC Global Asset Management, explains. 3 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
Accounting & tax analysis
The Internal Revenue Service (IRS) has concluded its annual "Dirty Dozen" list of tax scams for 2018, placing "abusive" microcaptives on there for the fourth consecutive year. 3 April 2018
Accounting & tax analysis
Emerging risks, new tax laws, and new structures are all reshaping the captive landscape. Captive International reported live from the Captive Insurance Companies Association (CICA) 2018 International Conference in Scottsdale, Arizona, to explore some of these changes. 1 April 2018
Analysis
Holmes Murphy, an independent brokerage involved in property/casualty and employe benefits, has expanded its captive insurance subsidiary Main Street to include businesses with 10-50 employees. 29 March 2018
Analysis
Mid-sized companies should follow the lead of Amazon, JP Morgan and Berkshire Hathaway by taking a more proactive, long-term approach to the purchase of their employees’ healthcare in response to skyrocketing costs, according to Mike Schroeder, founder and president of Roundstone. 29 March 2018
Analysis
The UK Government is extending the terrorism cover offered through Pool Re to include non-damage business interruption (BI) losses that result from acts of terrorism. 28 March 2018
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