captive insurance companies News

Oklahoma Licensed 26 Captive Insurers Last Year

Oklahoma’s captive insurance industry grew in 2015 with the licensing of 26 captive insurers, the Oklahoma Insurance Department announced. With the addition of the 26 new captives, Oklahoma currently regulates 73 captive insurers. Captive insurers in general are insurance companies …

Georgia Hopes to Establish State as Captive-Friendly with Revised Law

Companies looking to form captives in Georgia can now do so with more favorable conditions since the passage of several business-friendly amendments to the Georgia captive insurance law, which became effective July 1. The effort to make the changes to …

North Carolina Approves Amendments to Captive Insurance Law

Amendments proposed to the North Carolina Captive Insurance Act by the North Carolina Department of Insurance were met with unanimous support from the N.C. General Assembly and signed into law on June 19, 2015. Some of the amendments include: Clarifying …

Insurance Managers Association Cayman (IMAC) Elects New Board

Kieran O’Mahony of Marsh Cayman has taken the Insurance Managers Association Cayman (IMAC)* reins from outgoing chairperson Rob Leadbetter at the 2015 Annual General Meeting, which was held 22 January 2015. Joining him as the new board are: Linda Haddleton …

Montana Licensed 34 Captive Insurance Companies In 2014

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 …