Regulation and Oversight

Captive Growth Continues in the North Carolina Domicile

January 23, 2020

In its newly released year-end report, the North Carolina Department of Insurance provides additional information about the domicile's 2019 captive insurance company growth. Read More

Starbucks and Alaska Air Captives Ordered To Stop Writing Business

January 3, 2020

Washington State Insurance Commissioner Mike Kreidler has ordered two captive insurance companies to stop writing business in the state. Read More

NAIC Places Bermuda on Reciprocal Jurisdiction List

December 16, 2019

The Bermuda Monetary Authority will be placed on the National Association of Insurance Commissioners (NAIC) List of Reciprocal Jurisdictions effective January 1, 2020. Read More

Starbucks Disputes Captive Premium Taxes Levied by Washington State

December 12, 2019

Starbucks disputes premium taxes and fines levied by Washington State for its Vermont-domiciled captive insurance company. Read More

Labuan IBFC Leads Asia in Captive Insurer Formations

November 6, 2019

A recent report, titled "Driving Captive Transformation in Asia," reveals that 50 percent of all new captive incorporations in Asia are from Labuan International Business and Financial Center (Labuan IBFC). Read More