News
Feasibility studies analysis
The hardening market has encouraged commercial property companies to reconsider their insurance arrangements. Captives offer numerous advantages that can translate to better or cheaper coverage, says Gary Osborne of Risk Partners. 21 February 2020
USA analysis
A bill to update the Alabama Captive Insurers Act has passed unanimously in the state’s House insurance committee in a move authorities hope will lead to growth of the captive industry in Alabama. 21 February 2020
Law & regulation
The Tennessee Department of Commerce & Insurance has licensed its 200th captive insurance company. 20 February 2020
Feasibility studies analysis
For the first time in a long while rates are on the rise across almost all classes of business. Although it may not seem like it to the insurance buyer, many insureds have long been beneficiaries of an artificially soft market. Now, SMEs are assessing their options, and there are several potentially attractive ones in the captives space, says Nate Reznicek of CIC Services. 19 February 2020
IT & claims management analysis
While companies are aware of cyber insurance, uptake it being held back by a number of deployment challenges, according to Radiant Insights. 18 February 2020
USA analysis
The State of Connecticut’s insurance department has made a number of proposals designed to make it a more desirable jurisdiction for captive insurance companies. 17 February 2020
Law & regulation
The Self-Insurance Institute of America (SIIA) has hit out at Internal Revenue Service, accusing it of misleading people in its recent announcement about rooting out tax evasion in the micro captive sector. 14 February 2020
USA analysis
Vermont is in the process of updating its captive insurance regime, with a bill currently being considered by the legislature that will make a number of tweaks designed to make it easier to do business and increase transparency. David Provost and Ian Davis talked about the bill with Captive International. 13 February 2020
EMEA analysis
Robus, the independent insurance management, fiduciary and financial advisory group, has hired Laura Boyd as an insurance manager. 13 February 2020
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