Captive Insurance Issues and Trends 2017
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The federal Liability Risk Retention Act (LRRA), allowable coverages, domiciliary and nondomiciliary state regulators' roles, governance standards, and key court cases and how these topics relate to risk retention groups (RRGs) were explored in depth during a Vermont Captive Insurance Association (VCIA) 2016 Annual Conference educational session this week.
To help its members overcome the difficulty of obtaining coverage, the Land Trust Alliance formed Terrafirma Risk Retention Group LLC in 2012 under the Federal Liability Risk Retention Act of 1986, and it started writing coverage in 2013.
As the National Risk Retention Association (NRRA) has announced its creation of a virtual company to promote discussion at its upcoming conference, Captive.com coeditors John Salisbury and John Foehl want to contribute to that discussion by sharing their personal experiences in creating and operating a virtual captive.
The Texas Captive Insurance Association (TxCIA) third annual conference kicks off on Tuesday, April 19, in Houston, Texas. Session topics and speakers have been announced.
This is a New Year reminder that the World Captive Forum (WCF) is scheduled for January 31–February 3, 2016, at the Boca Raton Resort and Club in Boca Raton, Florida. The WCF will be celebrating its 25th anniversary as one of the longest running international captive conferences in the world.
One of the most insightful sessions at the 16th Annual South Carolina Captive Insurance Association (SCCIA) Executive Educational Conference, which concluded September 23, 2015, was "Strategies for Transfer Pricing—The Impact of the OECD’s Base Erosion & Profit Shifting Report," which is of particular importance to captives that are domiciled outside of the United States.
It is not too late to register and make reservations to attend the 16th Annual South Carolina Captive Insurance Association (SCCIA) Executive Educational Conference, which is being held September 21-23, 2015, at the Historic Mills House in downtown Charleston, South Carolina.
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.
How captives are affected by the Organization for Economic Cooperation and Development (OECD) and G-20 efforts to eradicate base erosion and profit shifting (BEPS) by multinational corporations was the topic of a panel discussion at the Captive Insurance Companies Association (CICA) 2015 International Conference, held March 8-10 in Orlando.
Johnson Lambert is presenting "Advanced Accounting: Profit Contingent and Sliding Scale Commissions," Tuesday, February 10, 2015, at 2 p.m. EST. The webinar explores profit contingent and sliding scale commissions from both a risk management and financial perspective.