Symphony Risk in California Launches Captive Program for Cannabis Industry February 16, 2024 Symphony Grow is launching a bespoke captive insurance program for large and sophisticated cannabis businesses called “Symphony Grow Captive.” The...
Insurtech Coalition Forms Captive Insurer to Enhance Cyber Insurance Capacity December 13, 2021 Managing general insurance agency and cyber security company Coalition has launched a captive insurer to begin taking risk on its...
Cannabis Risk Management Group Rolls Out Coverages Through Captive April 20, 2021 A cannabis risk management group through its captive is rolling property, general premises liability and product liability coverage to cannabis...
IRS Takes Aim at ‘Abusive Micro-Captive Practices’ with Another Settlement Offer October 23, 2020 As the pandemic and rising insurance costs fuel greater interest by large firms in creating captive insurance organizations, the Internal...
Self-Insurance Plan Could Save Idaho $13M, Consultant Says October 3, 2017 A new analysis on how much Idaho would save by switching public employees to a self-insurance model puts the amount...
Randall & Quilter Buys Bermuda-Based Segregated Accounts Captive Company July 18, 2016 Randall & Quilter Investment Holdings Ltd. has acquired Agency Program Insurance Co. (SAC) Ltd., a Bermuda-based segregated accounts captive company...
Georgia Hopes to Establish State as Captive-Friendly with Revised Law July 14, 2015 By Amy O'Connor Companies looking to form captives in Georgia can now do so with more favorable conditions since the passage of several...
Cayman Enacts Regulations Affecting Portfolio Insurance Companies February 2, 2015 The Cayman Islands passed new insurance regulations on January 16, which affect portfolio insurance companies (PIC). These regulations are designed...
Snowball Named Utah Captive Insurance Regulator March 7, 2014 David J. Snowball has been named the new director for the Utah Insurance Department’s captive division. Snowball replaces Ross Elliott,...
North Carolina Licenses Four Captives January 3, 2014 North Carolina Insurance Commissioner Wayne Goodwin said his agency has issued four captive insurance company licenses since the state’s Captive...