News
Analysis
R&Q has acquired the Montana captive insurer Vigneron Insurance Company, and promised more acquisitions in the coming weeks. 27 January 2020
Analysis
Udo Kappes is chairman of the European Captive Insurance and Reinsurance Owners’ Association. Captive International talked to him about the outlook for the market, regulation and why people should not be so hung up on numbers. 27 January 2020
Actuarial & underwriting
Cannasure Insurance Services, an insurance MGA and wholesale broker for the cannabis and hemp industries, has hired Summer Jenkins as senior product development manager. 24 January 2020
Analysis
Towing companies in the US have traditionally found the process of procuring insurance a frustrating experience. The coverage on offer rarely suited their specific needs, and it was expensive. The solution was to create TowCap Premier, the towing industry’s first group captive. Solomon Teague reports. 24 January 2020
Law & regulation
CIC Services, a Tennessee-based captive manager, has petitioned the Supreme Court of the United States to hear its lawsuit against the IRS regarding IRS Notice 2016-66. 23 January 2020
IT & claims management analysis
Cowbell Cyber, a startup that uses artificial intelligence to deliver cyber insurance to small to mid-sized businesses, has launched Cowbell Prime 100, allowing insurance agents to issue bespoke cyber policies with limits of up to $5 million. 23 January 2020
Bermuda analysis
The number of new captives has risen compared with 2018. 23 January 2020
Analysis
Governments have traditionally been deeply suspicious of marijuana. But with US political leaders finding $1.8 billion and (no pun intended) growing in tax revenues, attitudes are changing. Global governments looking to capitalise on this emerging tax base will bring forward legislation to ensure they capture a share of the cannabis goldmine, says Jeana Nordstrom of Capital Security. 23 January 2020
Analysis
The North Carolina Department of Insurance (NCDOI) licensed 26 new captive insurers and approved 61 new cells in 2019, according to figures published in its 2019 end-of-year report for its captive insurance program. 22 January 2020
Analysis
BlueStone Advisors has launched a private client group (PCG) to provide affluent and high net worth individuals and families with personal asset protection. 22 January 2020
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