The Washington State Office of the Insurance Commissioner has published revised rules to clarify the reporting requirements of captives writing business in the State.
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 public companies.
The Beehive State’s list of registered captive insurers was...
AM Best has affirmed the financial strength rating of NiSource Insurance Corporation, Inc. (NICI) as A (Excellent) and its long-term issuer credit rating of ‘a’ (Excellent).
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.
While softer pricing has traditionally reduced the incentive to retain risk within a captive, the current cyber market is not triggering a widespread retreat from captive utilisation.
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.