Revised Tennessee Captive Insurance Act of 2011 News

Tennessee Licenses 200th Captive Insurance Company

The Tennessee Department of Commerce & Insurance (TDCI) is marking the licensing of its 200th captive insurance company, Mattoon Insurance Co., making the state the seventh-largest captive domicile in the U.S., according to a statement from the department. Mattoon is …

New Tennessee Law Aims to Further Enhance State’s Captive Industry

Tennessee is praising captive insurance legislation signed by the governor on May 12, saying it is expected to “maintain and further enhance Tennessee’s place amongst the most attractive states to locate a captive insurance company,” according to a statement from …

Tennessee Reports $436M Economic Impact From Revamped Captive Insurance Act

Tennessee-based captive insurance companies have created an estimated $436 million economic impact through direct and indirect spending related to new jobs, investments, and deposits, according to results of a recent annual survey given by the Tennessee Department of Commerce & …

Tennessee Updates Captive Law, Sets Sights on Being ‘Captive Leader’

Tennessee has stepped up its efforts to establish the state as a captive insurance industry leader with enhancements to the state’s captive insurance laws just passed by the Tennessee Legislature. The changes to the 2011 captive law were signed into …