News
Washington State updates, clarifies captive oversight
The Washington State Office of the Insurance Commissioner has published revised rules to clarify the reporting requirements of captives writing business in the State.
New York provides $2m loan to affordable housing captive
Vermont-domiciled Milford Street was formed in July 2024 and is owned by members of New York’s affordable housing industry to combat rising liability insurance premiums.
Ci DataHub: Major Utah health group launches ‘home state’ captiveÂ
Utah has licensed a new captive for a NYSE-listed healthcare firm that already owns a Bermuda-based entity, in a rare move for a domicile that has relatively few captives owned by...
Fortune 500 energy firm redomesticates Vermont captive to TexasÂ
Recent updates to the list of Texas-regisitered insurance companies show that Energy Protection Insurance Company was licensed on 31 March. Â
Adam Miholic rejoins Marsh Captive Solutions
Chicago-based Miholic rejoins Marsh, where he first began his career in captives a decade ago.
Group captives Ascot’s largest growth potential – Mark BenzÂ
The carrier went live with their captive proposition toward the end of 2024, with Benz appointed to head the unit.Â
Plaintiffs appeal IRS ‘transactions of interest’ ruling on 831(b) captives
In a formal Notice of Appeal, Drake Plastics Ltd. Co., Drake Insurance Co., and Strategic Risk Alternatives, LLC confirmed they will take the case to the United States Court of Appeals for the Fifth Circuit.
Hawaii to introduce SB 2043 refining captive examinations
Under the new legislation, captives, excluding risk retention groups (RRG), will undergo an initial examination within five years of licensure.
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LATEST PODCASTS
Short: VCIA preview 2026
We preview the VCIA annual conference that this year takes place in Burlington from August 11th to 13th.
Short: Life Time – Building a diversified captive
We bring you an in-depth captive case study on Life Time, Inc, a publicly listed chain of health clubs, which has owned a captive in Vermont since 2017.
Short: Vermont’s new captive leaders
In this GCP Short, produced in partnership with the State of Vermont, Richard features the State’s new generation of captive leaders.