A.M. BestTV has released a webinar video that focuses on areas of emerging risks being assumed by healthcare captives.
Imprise Financial PCC, Inc., is now licensed as Ohio’s first "protected cell" captive insurance company, the Ohio Department of Insurance has announced. Through its protected cells, Imprise Financial will allow businesses to insure some of their own commercial risks, realize greater control of their risk management programs, and achieve long-term financial stability.
The Summer 2015 edition of the Demotech Difference contains an article by Joseph Scheerer, founder, principal, and managing director of Stonybrook Capital, concerning the increasing access to capital for small insurance companies and risk retention groups (RRGs).
The Captive Insurance Companies Association (CICA) has just released an additional “Information Statement Regarding Micro-Captives” intended to supplement its two Captive Best Practices Guidelines.
Since the Federal Housing Finance Agency (FHFA) published a proposed rule in the Federal Register almost a year ago that would exclude captive insurers from membership in the Federal Home Loan Bank, it has received more than 1,300 comments, including those opposing the proposed definition of "insurance company."
The Delaware Department of Insurance, the Vermont Captive Insurance Association (VCIA), and the National Association of Insurance Commissioners (NAIC) are among a limited number of US organizations that submitted comments on the "Application Paper on the Regulation and Supervision of Captive Insurers” May 2015 draft developed by the International Association of Insurance Supervisors (IAIS).
Have you taken full advantage of all the information the Captive.com website has to offer? A video series that focuses on “Captive Operations & Services” features several well-known captive experts who share their knowledge on operational matters important to successfully launching and operating a captive.
The North Carolina Captive Insurance Association (NCCIA) 2015 Annual Conference opens Monday, August 24, with an optional seminar that is an introduction to captive insurance and its fundamentals. The Conference is being held August 24-26 at the Ballantyne Hotel and Resort in Charlotte.
European captives that are rated by A.M. Best see Solvency II as an “opportunity to focus more closely on risk management and refine their investment strategies," according to a Best's Special Report issued on August 17, 2015. The problem, however, is the Solvency II standard formula does not favor the limited diversification of European captives.