Regulation and Oversight
Conditional Licensing Boosts Delaware Captive Formations in 2019
Delaware licensed 56 captives in 2019, with most of the new captives licensed under a fast-track procedure. Read More
Compromise Urged on RRG Coverage Expansion Legislation
At a recent House of Representatives subcommittee hearing, lawmakers were urged to compromise on legislation that would allow certain Risk Retention Group (RRG) to expand coverages they can offer to their policyholders. Read More
Captive Growth Continues in the North Carolina Domicile
In its newly released year-end report, the North Carolina Department of Insurance provides additional information about the domicile's 2019 captive insurance company growth. Read More
Starbucks and Alaska Air Captives Ordered To Stop Writing Business
Washington State Insurance Commissioner Mike Kreidler has ordered two captive insurance companies to stop writing business in the state. Read More
NAIC Places Bermuda on Reciprocal Jurisdiction List
The Bermuda Monetary Authority will be placed on the National Association of Insurance Commissioners (NAIC) List of Reciprocal Jurisdictions effective January 1, 2020. Read More