Featured News

Insurance Apprentices

Captive Insurance Talent War

The captive insurance industry must become more proactive in attracting young people into its ranks to secure its future.
March 15, 2016 Read More
Checklist Featured

Governance Standards Checklist for RRGs and Captives

Risk retention groups (RRGs) face some common sense but rigorous policy and governance standards that need to be incorporated in their plan of operation.
September 01, 2016 Read More
Industry Growth Featured News

Group Captive Signs Point Toward Growth, Young Says

Brady Young, president and chief executive officer of captive management firm Strategic Risk Solutions, Inc. (SRS), writes that management of group captives does not show signs of decline. In fact, he says, there is still growth in group captives.
June 06, 2016 Read More
Culture Matters Featured News

Captive Insurance Company Culture and Values Matter

Culture and values matter in the captive insurance industry, believes Captive.com coeditor John Salisbury, whose experience as a captive insurance company chief executive officer supports this conclusion.
June 08, 2016 Read More

Hot Topics

Insurance Risk Definition HT

"Insurance Risk" Defined by IRS

Internal Revenue Service ruling specifies types of coverage that do not qualify as insurance risk for determining tax-deductibility of premiums paid to a captive insurer.
March 07, 2016 Read More
Taxes HT

Captive Insurance Again on IRS List

The year may have changed, but the Internal Revenue Service (IRS) preoccupation with captives as potential abusive tax shelters remains the same.
February 25, 2016 Read More
Upward Swing HT

Captive Insurers' Use of Swing-Rated Reinsurance Contracts Focus of SCCIA Webinar

The use of swing-rated reinsurance contracts by captive insurance companies, including actuarial, accounting, and regulatory implications, was the focus of a March 3, 2016, webinar hosted by the South Carolina Captive Insurance Association (SCCIA).
March 04, 2016 Read More

Recent News

Captive Insurance Gears Up for Tax Reform

USCapitolBuilding 
Mark Twain (but also attributed to Gideon Tucker) is quoted as having said, "No man's life, liberty or property are safe while the Legislature is in session." This will be especially true when Congress convenes in the new year and considers tax reform. Tax reform was a hot topic during the recent election, and the Republican majority in the House of Representatives is already gearing up to advance some significant changes in Federal tax law.
December 09, 2016 Read More

Is ORSA a Future Requirement for Captives?

Insurance Risk Definition 
The National Association of Insurance Commissioners (NAIC) adopted the Risk Management and Own Risk and Solvency Assessment (ORSA) Model Act (#505), which was effective January 1, 2015, for certain large insurers and is required for state insurance department accreditation by January 1, 2018.
December 08, 2016 Read More

Captive Insurance/RRG Conference Saturation: Is There a Solution?

Speaker Podium 
Captive insurance association leaders comment on "conference fatigue" as a genuine malady for the captive insurance industry. Is there a solution?
December 07, 2016 Read More

Insurance, Technology, and Artificial Intelligence

Technology--Blockchain 
Technology and Insurance: Are You Prepared for the Coming Disruptions? This was the name for the Pinnacle Actuarial Resources, Inc., APEX webinar on December 1, 2016. The hour-long presentation by Christopher M. Holt, ACAS, MAAA, and Legaré W. Gresham, FCAS, MAAA, focused on six new technologies and their ability to disrupt the liability insurance landscape.
December 06, 2016 Read More

Captive Insurance Taxation and Regulation Hot Topics Featured in December CICR

CICR 
The December 2016 issue of "Captive Insurance Company Reports (CICR)" looks at a current hot topic in the captive insurance community—the new ownership requirements for captives that have elected to be taxed under section 831(b) of the Internal Revenue Code—as well as other captive insurance current concerns.
December 05, 2016 Read More

Captive Insurance World: What's Happening Now

Globe 
Here are some recent and upcoming events in the captive insurance industry that may be of interest to our readers.
December 02, 2016 Read More

Captive Insurance Company Leaders Should Consider Audit Committee Best Practices

2Mics 
Most captive insurance company owners recognize the role an audit committee plays in the general good governance of their captives. However, with the increase in regulatory scrutiny of financial service firms, the importance of a competent and well-educated audit committee cannot be overstated.
December 01, 2016 Read More

Captive Insurer Established in Connecticut Offers Look at SOBC Corp. Process

New Management 
The president and CEO of SOBC Corp. explains the acquisition process for distressed insurance companies and risk retention groups.
November 30, 2016 Read More

Workers Compensation Impact from Affordable Care Act Focus of Study

Disability Insurance 
The National Council on Compensation Insurance (NCCI) has published a research project report that should be of interest to captive insurers that provide workers compensation coverage.
November 29, 2016 Read More