Thursday, April 24, 2025

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Kansas introduces PCC legislation, offers tax relief to re-domestications 

Kansas Governor Laura Kelly has approved House Bill 2334 permitting sponsors to form a protected cell captive (PCC) in the State.

Arkansas passes two new captives bills 

Arkansas Governor Sarah Huckabee Sanders has signed SB 237 and HB 1821 into law, amending existing captive legislation and paving the way for a new state-owned captive insurance company.

Kaj Samsom appointed Vermont commissioner

Kaj Samsom has been appointed commissioner of the Vermont Department of Financial Regulation (DFR), which includes the Captive Insurance Division.

Ryan Specialty to acquire USQRisk

Ryan Specialty has signed a definitive agreement to acquire certain assets of USQRisk, in which USQ will become a part of the alternative risk business within Ryan Specialty.

GCP Short: The SBB sustainable insurance programme

Produced in partnership with ⁠AXA XL⁠, we hear about a groundbreaking insurance programme putin place by the Swiss Federal Railways.

Erithmitic sponsors Guernsey reinsurer Navigate Re 

Erithmitic has worked with Polo Insurance Managers to launch a new reinsurer in Guernsey, Navigate Re.

CIC Services files second lawsuit against IRS 

CIC Services has filed a second lawsuit against the Internal Revenue Service, arguing it has overstretched its authority, threatening small and mid-sized businesses.

Real estate challenges shift towards liability as property market softens 

Due to spiralling rates in recent years, property has been one of the main drivers behind captive utilisation in the real estate market, though momentum is starting to shift.

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LATEST PODCASTSLogo

GCP Short: The SBB sustainable insurance programme

Produced in partnership with ⁠AXA XL⁠, we hear about a groundbreaking insurance programme putin place by the Swiss Federal Railways.

GCP Short: Building a RRG for self-defense legal representation

Richard is joined by Marc Victor and Anne Marie Towle to discuss the Risk Retention Group formed by the ⁠Attorneys on Retainer Association⁠.

GCP #121: RIMS president Kristen Peed, L&C’s perspective on Trump’s tariff impacts

Richard is joined by Kristen Peed, RIMS president for 2025, to discuss what to expect at RISKWORLD in Chiago, and there is an investment update from London & Capital.

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