Captive Domiciles

  The flag of Arkansas--a red flag with a white diamond surrounded by a blue diamond, 29 stars, and the word "ARKANSAS" on it

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
July 19, 2019 Read More
  Michigan Welcome 480x377

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
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
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
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
June 25, 2019 Read More
  A blue sign reading "Welcome to Delaware."

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
June 21, 2019 Read More
  North Carolina Pier

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
June 04, 2019 Read More
  Signing Legislation-SF

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
  Welcome to USA-SF

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
  article paper 480x377

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
  South Carolina Economy-SF

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
  Phoenix Arizona SF

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
May 10, 2019 Read More
  Montana Capitol Building 480x377

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
May 03, 2019 Read More
  Capitol Building 480x377

The District of Columbia Captive Insurance Domicile

Washington, DC, is not only the US capital; it also is one of the oldest and largest captive insurance company domiciles in the United States. DC lawmakers passed the captive statute back in 2000, and since then, the domicile has grown significantly. Curious? Learn more today on
May 03, 2019 Read More
  Image of North Carolina Welcome Sign

North Carolina Removes Captive Premium Tax Provisions from House Bill

North Carolina legislators have stripped provisions from a broader bill, H.B. 220, that would temporarily exempt captive insurance companies that redomesticate to North Carolina from state premium taxes.
May 02, 2019 Read More
  Utah Flag

Utah Captive Insurer Dormancy Provisions Go into Effect this Month

A new Utah law that takes effect May 24 will allow captive insurance companies licensed in the state to move into dormant status, freeing up both time and money for the captives and their parents.
May 02, 2019 Read More
  Vermont Flag-SF

Vermont's Governor Officially Signs Captive Statute Changes into Law

Legislation recently signed into law by Vermont Governor Phil Scott will make several changes to Vermont's captive statute, including giving captives more time between mandatory financial examinations.
April 22, 2019 Read More
  Georgia State Flag-SF

The Georgia Captive Insurance Domicile

While Georgia is one of the smaller captive insurance company domiciles in the United States, the state has been one of the fastest-growing domiciles. The total of 49 captives in Georgia at the end of 2018 is more than 5 times its total of 9 captives in 2014. Curious? Learn more today.
April 17, 2019 Read More