Regulation and Oversight

Tennessee Delivers 3 Modernized Rules for Captive Insurers

October 12, 2017

The Tennessee Department of Commerce & Insurance is ushering in new, more modern rules to guide the Volunteer State's burgeoning captive insurance industry. The new rules relate to dormancy, audits, and financial exams. Read More

United States, European Union Sign Bilateral Insurance and Reinsurance Agreement

September 28, 2017

The United States and European Union recently signed the bilateral US-EU agreement on prudential insurance and reinsurance measures. The agreement conveys benefits to US and EU insurers and reinsurers operating across the Atlantic by offering them enhanced regulatory certainty while maintaining robust consumer protections. Read More

Cayman Is Transforming into an International Insurance and Reinsurance Jurisdiction

March 28, 2017

With growing competition from new captive insurance domiciles, the Cayman Islands are evolving into an international insurance and reinsurance jurisdiction. This article summarizes the Insurance Managers Association of Cayman's (IMAC's) view of the transformation that is underway. Read More

State Insurance Regulation Supported in US-European Union Agreement

January 17, 2017

The US Treasury Department recently announced that European Union (EU) and US representatives have successfully negotiated a bilateral agreement on insurance and reinsurance regulation intended to "provide enhanced regulatory certainty" for the industry. Read More

Captive Insurance Milestone Recognized in Delaware

November 10, 2015

Delaware Gov. Jack Markell has presented Insurance Commissioner Karen Weldin Stewart with a proclamation recognizing the Department of Insurance for licensing the state's 1,000th captive insurance company, AWI, Inc., of Voorhees, New Jersey. Read More