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Florida targets out-of-state captive insurers with 5.3% tax
09 April 2024
US Reporter Diana Bui

The measure targets captive insurance entities, which often operate outside their business's state, bypassing local insurance companies and agents.

KPMG Bermuda appoints Payne as tax partner
21 March 2024
US Reporter Diana Bui

With more than 30 years of experience in US taxation, Payne has collaborated with clients and colleagues, providing tax consulting and compliance services across various industries.

Mike Plotnick joins King & Spalding
12 March 2024
US Reporter Sophie Downes

Previously, Mike Plotnick held a 17-year tenure at the Public Company Accounting Oversight Board

Marsh launches AI-powered facility for cell captives
09 January 2024
US Reporter Frances Jones

Marsh has launched ReadyCell, an AI-powered risk financing solution

Utah captive fined by Washington’s insurance commissioner
20 December 2023
US Reporter Frances Jones

The fine was issued to the company for conducting insurance business in Washington state without being registered as a captive insurer between 2014 and 2021

Arthur J. Gallagher & Co. acquires Virginia-based The Andersen Group
07 July 2023
US Reporter Frances Jones

Arthur J. Gallagher & Co. has acquired Chantilly, Virginia-based The Andersen Group

RAA elects O’Keefe as chair
02 May 2023
US Reporter Frances Jones

The association also appointed Jim Williamson (pictured) and Jon Colello as vice chair and secretary-treasurer, respectively

Aon appoints Andy Neal to lead public sector partnership
25 April 2023
US Reporter Frances Jones

Aon has appointed Andy Neal (pictured) as managing director of the firm’s public sector partnership

Features
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PCCs on the rise

Frances Jones reviews the proliferation of PCCs in the captive industry and across key domiciles

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Captives for inclusion

Frances Jones explores how EB captives can support and accelerate an organisation’s DEI objectives

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Can’t make head nor long-tail

Industry professionals discuss how a captive can be used to provide coverage for the long-tail risk of workers’ compensation, and how the COVID-19 pandemic has impacted this market

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The golden rules

Ben Whitehouse of Butler Snow and Kevin Walters of the Tennessee Department of Commerce and Insurance discuss regulatory updates and the importance of having a symbiotic relationship between the regulator and captive companies

Interviews
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Dan Towle
CICA

CICA President Dan Towle hails the captive industry’s rapid growth, showcased by record attendance at the 2024 Conference, and outlines emerging trends – from talent initiatives driving diversity to private equity’s influx shaking up the job market

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Ellen Charnley
Marsh

Marsh’s Ellen Charnley speaks to CIT about ReadyCell, the company’s AI-powered risk financing solution

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Stephen Taylor
Delaware Department of Insurance

Stephen Taylor talks to Frances Jones about his role and his ambitions for the Delaware captive programme

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Debbie Walker
North Carolina Department of Insurance

Debbie Walker discusses developments in North Carolina’s captive industry, challenges around COVID-19 and the priorities of the department of insurance for the rest of 2020

Country profiles
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Washington

Insurance commissioner Mike Kriedler provides an overview of the implementation of Washington’s new captive law, as well as the likely impact on captive owners in the state

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Ireland

Although Ireland hasn’t experienced a huge amount of growth within its captive market over the last few years, there is said to be a renewed interest in Dublin as a preferred domicile

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District of Columbia

With a ‘very active’ captive market in 2020, DC plans to launch a financial services regulatory sandbox this year that will include captives

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Vermont

Vermont continues to lead in the captive market but must keep up with liberalising market trends spreading across the US

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