Nevis saw 14 new captive insurance company formations in 2017, according to the Nevis Financial Services’ year-end statistics
Micro captives have been named on the Internal Revenue Service (IRS) ‘Dirty Dozen’ list of tax scams for the fourth consecutive year
The Kentucky Division of Insurance licensed four new captive insurance companies in 2017, according to its year-end figures
The Oklahoma Insurance Department licensed 14 captive insurance companies last year, according to its year-end figures
The flexibility offered by captive insurance makes it a tailor made solution for the cannabis industry, according to Joe Holahan, attorney at Morris, Manning & Martin
The financial strength rating of A (Excellent) and long-term issuer credit rating of “a” of Energas, the sole captive of Malaysia’s natural oil and gas company, Petroliam Nasional Berhad, has been affirmed by A.M. Best
The Oregon Division of Financial Regulation licensed 10 new pure captive insurance companies last year, according to their year-end figures
Michigan-domiciled captive insurance companies exceeded $2 billion in written premiums for the first time in 2017, according to the Michigan Department of Insurance and Financial Services
Connecticut licensed one new captive insurance company last year, according to figures from the Connecticut Insurance Department
Joel Chansky of Milliman has been elected chair of the board of directors for the Captive Insurance Companies Association
Offering millennials “adventure” within the captive industry is key to solving the talent crisis, according to Temple University Professor Michael Zuckerman
For a good captive, standing up to the Internal Revenue Service (IRS) may be the right answer and could positive for the industry as a whole, says John Dies, managing director of tax controversy at alliantgroup