Regulation and Oversight

This episode explores the captive insurance application process from a Vermont regulatory lens. Jim DeVoe-Talluto outlines key steps, common delays, feasibility study essentials, board and adviser roles, capital expectations, and why early planning and clear risk-financing objectives lead to smoother approval and long-term captive success. Read More

Bermuda's Beneficial Ownership Act 2025 removes prior exemptions for captive insurers, bringing them under new disclosure and registration requirements. Captives must identify beneficial owners, verify ownership details, and file with the Registrar of Companies. The change aligns Bermuda with global transparency and anti–money laundering standards. Read More

Gallagher Re's report, "Florida Tort Reform: A Sunshine Success Story," details how 2022–2023 legislative reforms reduced litigation, restored insurer profitability, and attracted new market entrants. The analysis highlights improved reinsurance pricing, lower homeowners rates, and Florida's emergence as a model for other states pursuing insurance market stabilization through tort reform. Read More

Connecticut's new captive insurance law, effective October 1, 2025, expands options for converting and transferring protected cell captives. It strengthens regulatory flexibility for all captive types, reinforcing the state's position as a competitive domicile. The law builds on recent reforms supporting innovation in captive insurance and risk management strategies. Read More

On July 8, 2025, the US Department of Labor issued a Prohibited Transaction Exemption (PTE) for Meta's use of captive insurer Ekahi to reinsure employee benefits. The PTE noted this arrangement would provide immediate, measurable enhancements for plan participants, with initial insurance coverage provided by Prudential and reinsurance through Meta's captive structure. Read More