Regulation and Oversight
Navigating Tennessee's Captive Insurance Landscape
Explore Tennessee's captive insurance landscape with IRMI's Joel Appelbaum and guest Carter Lawrence, commissioner of the Tennessee Department of Commerce and Insurance. Learn More
For Captive Owners, There's No Transferring Governance Responsibility
Corporate governance is critically important for captive insurance companies, as well as the managers and other service providers the captive employs. It's the captive's owner, though, that bears the ultimate responsibility for governance. The captive owner is responsible for operating a regulated insurance company and the associated compliance. Learn More
Captivating Metrics: What Makes a Captive Domicile Successful
Explore key metrics for defining a captive domicile's success. From number of captives licensed to regulator quality, uncover keys for informed decisions. Read More
Utah Legislates Changes for Captive Insurers
Utah's S.B. 31 alters regulations for captive insurers, eliminating the 5-year examination rule and allowing association captives to offer homeowners insurance. Read More
Proposed NRRA Bill Passes Florida Legislature
A legislative proposal aimed at protecting risk retention groups has passed both houses of the Florida legislature and awaits Governor Ron DeSantis' signature. Read More
Hong Kong Proposes Insurance Regulations That Include Captive Insurers
The Hong Kong Insurance Authority has made available draft rules for the maintenance of assets in Hong Kong pertaining to captive insurers. Read More
Washington Fines Utah-Domiciled Captive for Failing To Register
Washington Insurance Commissioner Mike Kreidler has fined a Utah-domiciled captive insurance company as part of fines levied in November for violating Washington insurance laws and regulations. Mr. Kreidler fined Geoduck Insurance Group, Inc., for conducting insurance business in Washington between 2014 and 2021 without being registered as a captive insurer. Read More