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Vermont hits new milestone after licensing 1,200th captive
10 February 2021
Vermont Reporter Maria Ward-Brennan

Vermont’s Governor Phil Scott has revealed that the Department of Financial Regulation has licensed the state's 1,200th captive insurance company

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Tennessee welcomes 18 new captives and 41 cells in 2020
09 February 2021
Tennessee Reporter Maria Ward-Brennan

The Tennessee Captive Insurance Association has revealed a 64 per cent increase in licensed entities on its 2019 figures, with 18 new captives and 41 new cells in 2020

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CICA cancels 2021 annual conference
08 February 2021
Minneapolis Reporter Becky Bellamy

In December, CICA moved forward with plans in the hope of hosting an in-person event, but due to ongoing impacts of COVID-19 and worsening conditions in the state, the conference will no longer go ahead

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Valenz and MSL Captive Solutions partner on new group captive programme
05 February 2021
Arizona Reporter Maria Ward-Brennan

Valenz has partnered with MSL Captive Solutions to launch CaptiV, a medical stop-loss group captive programme targeting employers with less than 1,000 employees

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Malta sees small growth in cell licenses in 2020
05 February 2021
Malta Reporter Becky Bellamy

Similar to other jurisdictions, Ian-Edward Stafrace, chief strategy officer at Atlas Insurance PCC, says there is higher growth in cells compared to standalone companies or captives

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Court awards ATGI RRG’s motion for sanctions against MVT Insurance Services
03 February 2021
North Carolina Reporter Maria Ward-Brennan

The Superior Court of New Hanover County, North Carolina has ruled in favour of the American Transportation Group Insurance Risk Retention Group after it filed a motion to show cause and for sanctions against MVT Insurance Services and its principal

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Aon: COVID-19 taught corporations to take an enterprise-wide approach
03 February 2021
UK Reporter Maria Ward-Brennan

It will be imperative for businesses to reprioritise risk as well as innovate and explore new risk management strategies due to COVID-19, according to an Aon global survey

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