Captive.com logo

Captive Insurance News

 Latest News
  • Letter Challenges IRS Treatment of Small Captive Insurance Companies A letter to US Rep. Kevin Brady (R–Texas) takes issue with Internal Revenue Service (IRS) treatment of so-called 831(b) captive insurance companies. The current COVID-19 pandemic underscores the importance of captive insurance programs to midmarket companies, the letter says, but the IRS is targeting and harassing small captives.
  • Cat Bond, ILS Issuance Sets First-Quarter Record The catastrophe bond and insurance-linked securities (ILS) market saw record first-quarter issuance of more than $5 billion, according to data compiled by Artemis. The first-quarter issuance was up 82 percent from the same period in 2019 and was 19 percent higher than the previous first-quarter record set in 2018.
  • New Utah Law Lets Captives Reinsure Risks from Any Insurer Legislation recently signed into law by Utah Governor Gary Herbert will expand the business that Utah captive insurance companies are allowed to do. The new measure, HB 37, will allow Utah captives to reinsure risks ceded by any other insurer.
  • Coalition Urges Support of COVID-19 Business Recovery Fund The Reinsurance Association of America along with a coalition including other insurance industry trade groups and business organizations sent a letter to federal government leaders urging them to support the COVID-19 Business and Employee Continuity and Recovery Fund, a solution to support businesses and employees hurt by the COVID-19 pandemic.
  • Powerful New Search Engine Makes You the Expert Our Captive.com site is now mobile friendly and has a powerful, new, state-of-the-art search engine with cool features that can make you the hero for your clients and colleagues.
Corporate Governance: Free Survey Report

Corporate Regulation and Governance in Captives

A FREE 24-page special survey report from Captive.com

Delve into captive insurance governance matters including board attributes, board structure, and board accountability. With 30 years of insurance experience from the auditing, regulatory, and management side, Derick White, managing director of corporate governance and regulation for Strategic Risk Solutions, offers key insights into captive board governance.

Show Me My Free Survey Report

  "Internal Revenue Service" letters on white stone

Letter Challenges IRS Treatment of Small Captive Insurance Companies

A letter to US Rep. Kevin Brady (R–Texas) takes issue with Internal Revenue Service (IRS) treatment of so-called 831(b) captive insurance companies. The current COVID-19 pandemic underscores the importance of captive insurance programs to midmarket companies, the letter says, but the IRS is targeting and harassing small captives.
April 03, 2020 Read More
  "Record Braking" in red letters in a red rectangle

Cat Bond, ILS Issuance Sets First-Quarter Record

The catastrophe bond and insurance-linked securities (ILS) market saw record first-quarter issuance of more than $5 billion, according to data compiled by Artemis. The first-quarter issuance was up 82 percent from the same period in 2019 and was 19 percent higher than the previous first-quarter record set in 2018.
April 03, 2020 Read More
  A notecard with the words "free webinar" with the image of a cloud giving off a Wi-Fi signal

MSI Webinar To Focus on How Captives Can Fill COVID-19 Coverage Gaps

An upcoming webinar from Management Services International (MSI) will focus on how captive insurance companies can fill gaps in commercial insurance coverage in the face of claims resulting from the COVID-19 pandemic. The webinar, titled "COVID-19 Claims Saving Small Businesses with MSI Captives," is scheduled for noon (EST) on Wednesday, April 8.
April 02, 2020 Read More
  Utah Rocks Arches

New Utah Law Lets Captives Reinsure Risks from Any Insurer

Legislation recently signed into law by Utah Governor Gary Herbert will expand the business that Utah captive insurance companies are allowed to do. The new measure, HB 37, will allow Utah captives to reinsure risks ceded by any other insurer.
April 02, 2020 Read More
  Hemp Farm with Blue Sky and Clouds in Background

A Specialty/Captive Insurance Hybrid Can Address Hemp Coverage Issues

Since hemp production became legal, it has been fast-tracked to become a unique commodity, but insurance coverage issues remain. A hybrid solution involving specialty insurance and captive insurance might be the answer.
April 01, 2020 Read More
  Word COVID-19 on Building Blocks Atop Money

Coalition Urges Support of COVID-19 Business Recovery Fund

The Reinsurance Association of America along with a coalition including other insurance industry trade groups and business organizations sent a letter to federal government leaders urging them to support the COVID-19 Business and Employee Continuity and Recovery Fund, a solution to support businesses and employees hurt by the COVID-19 pandemic.
April 01, 2020 Read More
  Happy Businesswoman Celebrates Successful Web Search

Powerful New Search Engine Makes You the Expert

Our Captive.com site is now mobile friendly and has a powerful, new, state-of-the-art search engine with cool features that can make you the hero for your clients and colleagues.
April 01, 2020 Read More
  A stethoscope laying on a pile of money

Captive Insurers Are Filling COVID-19 Business Interruption Gaps

Many healthcare facilities addressing the COVID-19 pandemic are suffering significant daily loss of revenue. Their property insurance policies frequently contain limitations on business interruption coverage. Property policies written for healthcare institutions frequently contain broad limitations on business interruption coverage caused by the cascading effect of dealing with the coronavirus.
March 31, 2020 Read More
  Capital Source

Ample Capital Should Help North American P&C Sector Weather COVID-19

Impact stress tests reflect that ample capital buffers at North American property-casualty insurers and reinsurers should make any fallout from COVID-19 manageable for those companies, according to S&P Global Ratings. Financial market turmoil and the ensuing recession pose a greater pitfall than underwriting exposure to COVID-19 pandemic risk.
March 31, 2020 Read More
  Words Pandemic COVID-19 Stenciled with American Flag

As Business Losses Mount, Pandemic Backstop Discussions Grow

Many businesses have been ordered shut to try to contain the outbreak, while shelter-in-place orders and social distancing are dramatically reducing business for those that are open. Coverage issues around business interruption losses related to COVID-19 have prompted discussions of creating a federal pandemic backstop.
March 30, 2020 Read More
Captive Insurance Company Reports
Follow Captive.com on Twitter

Twitter Feed