Captive Domiciles

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Vermont's Captive Scene Attracts Growing Interest from China and Mexico

Over 1,000 people attended this year's Vermont Captive Insurance Association annual conference, held in Burlington, Vermont, on August 5–8. The event drew attendees from nearly every state and 11 countries. There is growing international interest in the Vermont domicile from countries including China and Mexico.
August 08, 2019 Read More
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Vermont Captive Delegation To Visit Mexico in 2020

The State of Vermont and the Vermont Captive Insurance Association will send a delegation comprised of government, regulatory, and industry representatives to Mexico next year to highlight Vermont's captive industry at an educational forum.
August 07, 2019 Read More
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The Nevada Captive Insurance Domicile

Nevada is not only one of the older captive domiciles in the United States, it is also a domicile that has enjoyed steady growth. In the 5 years from 2013 to 2017, the number of captives licensed in Nevada increased over 40 percent. Curious? Learn more today on Captive.com.
August 07, 2019 Read More
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The Tennessee Captive Insurance Domicile

Tennessee, which is one of the oldest domestic captive domiciles, has, in recent years, become one of the fastest growing. Over the last 4 years, the number of active captives in Tennessee has doubled, jumping from 68 in 2014 to 136 at the end of 2018. Curious? Learn more today on Captive.com.
July 29, 2019 Read More
  Utah Rocks Arches

The Utah Captive Insurance Domicile

While there are several reasons why Utah has, for many years, been a major captive domicile, a key factor has been the high quality and accessibility of the state's captive regulatory staff, captive managers and others say. Curious? Learn more today on Captive.com.
July 23, 2019 Read More
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The Arkansas Captive Insurance Domicile

While Arkansas is a small captive domicile with just 6 captives at the end of 2018 and 8 captives currently, state regulators and others expect significant growth over the next few years. That optimism is based on several factors, including an attractive captive statute. Curious? Learn more today on Captive.com.
July 19, 2019 Read More
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The Michigan Captive Insurance Domicile

Receptive regulators have helped fuel the growth of Michigan as a captive domicile with more than a 50 percent increase in its number of captives since 2013. More striking, though, has been the huge jump in the amount of business Michigan captives are doing. Curious? Learn more today on Captive.com.
July 11, 2019 Read More
  Vermont Flag-SF

The Vermont Captive Insurance Domicile

From the time Vermont lawmakers banded together more than 3 decades ago to pass legislation allowing the formation of captive insurance companies, the state has stood out as a captive domicile. Curious? Learn more today on Captive.com.
July 02, 2019 Read More
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The Kentucky Captive Insurance Domicile

Unlike many other US captive insurance company domiciles, Kentucky has not seen its captive count increase in recent years. In fact, Kentucky's captive count and premium volume have fallen. Curious? Learn more today on Captive.com.
June 28, 2019 Read More
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The Kansas Captive Insurance Domicile

For years, Kansas has been the smallest captive domicile in the United States with just one licensed captive. But that could be about to change, say officials at the Kansas Department of Insurance. Curious? Learn more today on Captive.com.
June 25, 2019 Read More
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The Delaware Captive Insurance Domicile

Delaware is one of the oldest and largest captive insurance company domiciles in the United States. The year 2019 marks the Delaware captive statute's 35th anniversary. During those 3.5 decades, Delaware has seen its captive count top more than 1,000. Curious? Learn more today on Captive.com.
June 21, 2019 Read More
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The North Carolina Captive Insurance Domicile

North Carolina has been one of the fastest-growing captive domiciles. At the end of 2018, 244 captives were domiciled in North Carolina, up from just 52 captives 5 years earlier. State regulators attribute that growth to several factors, including an up-to-date and attractive captive law and top customer service. Curious? Learn more today on Captive.com.
June 04, 2019 Read More
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US Captive Domiciles Keeping Captive Statutes Up to Date in 2019

In 2019, US lawmakers have continued the drive to keep their states' captive statutes up to date. So far this year, at least six states—including Vermont, Utah, Nevada, Tennessee, Montana, and Georgia—have passed measures amending their captive statutes.
June 03, 2019 Read More
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How the United States Became Home to More Captives Than Any Other Country

When Vermont lawmakers passed legislation in 1981 to allow captive insurance companies to be set up in the state, they did something unique for a US state: authorize a captive domicile that would compete with Bermuda and the Cayman Islands, the world's biggest domiciles. Now close to 3 dozen US states permit the formation of captives.
May 29, 2019 Read More
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The BMA Proposes Regulatory Regimes for New LPI Classes

The Bermuda Monetary Authority's (BMA) latest consultation paper outlines the BMA's proposed regulatory regimes for new classes of Limited Purpose Insurers (LPIs) and a new category of an intermediary (insurance market places).
May 16, 2019 Read More
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South Carolina Captive Industry Has Generated over $539 Million

Being one of the largest captive insurance domiciles in the United States has had a big and positive impact on the South Carolina economy, according to an academic analysis by the University of South Carolina's Moore School of Business.
May 13, 2019 Read More
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The Arizona Captive Insurance Domicile

If there are two words that succinctly and accurately describe Arizona as a captive insurance company domicile, those words would be "consistent growth." Since 2015, both the number of captives licensed in Arizona, as well as captive premium volume, have increased each year. Curious? Learn more today on Captive.com.
May 10, 2019 Read More
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New Montana Captive Law Increases Captive Insurer Flexibility

Montana captive insurance companies that want to use a letter of credit to meet the state's capital and surplus requirements will have more flexibility to meet those requirements under legislation signed into law May 1, 2019, by Governor Steve Bullock.
May 09, 2019 Read More
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Tennessee Governor Signs Captive Legislation

Legislation approved late last month by Tennessee lawmakers and signed May 22, 2019, by Governor Bill Lee will allow captive insurance companies to receive premium payments and pay claims on insured losses in a foreign currency.
May 08, 2019 Read More
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The Hawaii Captive Insurance Domicile

Hawaii has the distinction of being both one of the oldest and largest captive domiciles in the United States. In 1986, Hawaiian lawmakers passed legislation authorizing the formation of captive insurance companies in the state. Growth in the number of captives since then has been near continuous. Curious? Learn more today on Captive.com.
May 03, 2019 Read More