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As the cannabis industry in the US continues to grow, its insurance needs grow with it. Inadequacies of the commercial market and complex coverage needs present a prime opportunity for captives to step in, so what does the future hold? US Captive investigates. 6 August 2018
Actuarial & underwriting
Earlier this year, proposed association health plan (AHP) regulations issued by the US Department of Labor (DOL) had presented affordable healthcare plans for groupings of smaller employers - and in turn opportunities for captives - but the more recent final rules have left a lack of regulatory uniformity from one state to another. 6 August 2018
Analysis
Ratings agency AM Best has affirmed the financial strength of A (Excellent) of Nuclear Electric Insurance Limited (NEIL), based in Wilmington, Delaware. The outlook remains stable. 3 August 2018
Analysis
US tax reform provisions have created a substantial tax burden for US insurers conducting business in offshore jurisdictions. Vermont has stepped in with new captive legislation that aims to provide a more favourable onshore alternative, Sandy Bigglestone, director of captive insurance, Vermont Department of Financial Regulation, tells Captive International. 30 July 2018
Analysis
Incorporators of captive insurer Connecticut Foundation Solutions Indemnity Company (CFSIC) have selected nine board members to help address the crumbling concrete foundations crisis affecting Connecticut homeowners. 30 July 2018
Analysis
Assurance Agency and Connecticut-based captive consulting firm Michael Maglaras have formed a programme designed to meet the insurance and risk management needs of the senior care industry. 27 July 2018
Analysis
The 2018 Guernsey Insurance Forum will take the island's captive sector "back to its roots", says event host Guernsey Finance. 24 July 2018
Analysis
Privately-owned broker and employee benefits consulting firm Holmes Murphy has acquired Minneapolis-based Cobb Strecker Dunphy & Zimmermann (CSDZ), a provider of commercial insurance, claims, surety and captive insurance services. 9 July 2018
Actuarial & underwriting
Medical polices within global captive programmes are becoming increasingly popular. Matthias Helmbold, head of technical and services at MAXIS GBN, has the details on market scalability and challenges in the healthcare and employee benefits captives marketplace. 2 July 2018
Analysis
Established companies in the captive insurance market are developing business models that incorporate cryptocurrency and blockchain. Tatjana Winter, head of BlockART institute, has the details. 18 June 2018
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