MagMutual Creates New Captive for Physician Practices, Hospital Systems October 17, 2013 MagMutual Insurance Co., a medical professional liability insurer in the Southeast, has formed OURCell Captive, P.C.C. A wholly owned subsidiary...
Vermont Celebrates 1,000th Licensed Captive Insurance Company October 11, 2013 Vermont Gov. Peter Shumlin and other state officials announced Thursday that the state’s Department of Financial Regulation (DFR) has licensed...
Connecticut Working to Attract Captive Insurance Business October 2, 2013 Connecticut’s venerable insurance industry is making a pitch for business just as the new federal health insurance marketplace begins to...
Alterna Enters MPL Space Through Captive, RRG Management Services September 20, 2013 Alterna has entered into the alternative risk marketplace, specifically focusing on providing medical professional liability services for physicians, clinics, and...
North Carolina Enacts Captive Insurance Bill June 21, 2013 A recently enacted bill in North Carolina will permit, for the first time, the creation of captive insurers based in...
N.Y. Regulator Lists New Financial Issues of Concern April 23, 2013 New York financial regulators have begun focusing on issues including the independence and integrity of monitors installed at banks and...
N.J. Announces New Captive Insurer; 8 Captives Approved Since 2011 February 7, 2013 The New Jersey Department of Banking and Insurance announced Wednesday that the department approved Lumerica Insurance Company, a subsidiary of...
Delaware Regulators: 2012 Was ‘Best Year Ever’ for Captive Growth January 30, 2013 The Delaware Department of Insurance announced recently the final projection for the number of captive licenses the captive bureau anticipates...
Vermont Licensed 32 New Captives in 2012 January 18, 2013 Vermont licensed 32 new captives in 2012 — finishing with strong showings by the construction and manufacturing sectors which each...
Vermont Captive Insurance Leader Discusses Emerging Areas, Challenges September 26, 2012 Vermont is the leading onshore captive insurance domicile. The Green Mountain State now has over 900 captives, having licensed more...