State insurance department officials are reporting that Montana licensed 34 new captive insurance companies in 2014, bringing the state’s total number of licensed captives to 177.
In addition to the 34 new captive insurance company licenses, the number of series business units grew by 19 and there were 29 new captive cells added during the course of last year, according to the department.
Topics Carriers
Was this article valuable?
Here are more articles you may enjoy.
Update: Catastrophe Bond Investors Told to Brace for Jamaica Payout
Trucking App Trucker Path Launches Retail Insurance Agency
Hurricane Melissa Churns Toward Jamaica as Category 5 Storm
Rivian Agrees to Pay $250 Million to Settle IPO Fraud Lawsuit 

