Market News

In this episode of "The Edge of Risk," Andy Stoelting of Webcor discusses the evolution of its captive, Paramount Insurance, from a pure to a sponsored structure. He explores risk management innovations, Hawaii's domicile advantages, and balancing captive strategy with commercial markets to optimize financial performance in the construction industry. Read More

CICA honored Paul Phillips with the 2025 Distinguished Service Award and Tenda with the Outstanding Captive Award. Mr. Phillips has shaped the captive insurance industry for over 30 years, while Tenda has expanded its innovative captive insurance model to serve family offices and private businesses seeking customized risk management solutions. Read More

University of Wisconsin–Madison students won the CICA captive insurance essay contest, securing cash prizes and a chance to present at the CICA Conference. Sponsored by Hylant GCS, the contest encourages students to explore risk management solutions, with winning essays published by Captive Insurance Times to promote industry education. Read More

Captive insurance company closure involves financial, regulatory, and operational planning. Key considerations include managing outstanding claims, regulatory approval, tax implications, and exit strategies such as runoff, commutation, or novation. Engaging expert advisers ensures a smooth transition while minimizing risks and maintaining compliance with domicile regulations. Read More

The Vermont Captive Insurance Association (VCIA) "2024 Impact Report" details key developments in captive insurance, including legislative advocacy, regulatory changes, industry education, and conference insights. The report highlights Vermont's regulatory leadership, federal policy discussions, and strategic initiatives for 2025, including website enhancements and expanded engagement efforts in the captive insurance sector. Read More