The Financial Regulation Standards and Accreditation Committee of the National Association of Insurance Commissioners (NAIC) will be meeting in Washington, DC on November 16th. The proposed definition of “multi-state reinsurer” will be the primary focus... read more

As of September, Delaware established itself as the sixth large captive insurance domicile in the world.  A majority of its growth has come from captives making the 831(b) tax election.  The Delaware Department of Insurance... read more

In recent news, Ohio adopted captive legislation allowing companies to operate locally based commercial subsidiaries.  Mary Taylor, Ohio’s Lieutenant Governor and Department of Insurance Director, is very excited for Ohio based companies to choose Ohio... read more

According to a recent article written in the Wall Street Journal, producers of plastic bags and paper bags are opposed to this law, stating that it “would kill jobs and serve as a tax on... read more

The high profile breach of hundreds of celebrity photos has investigators probing for explanations of this extreme violation of privacy.  See the full story here. Breach/Release of Data related to Hacking and/or Virus Exposure is... read more

Clarification of the Non-Admitted Reinsurance Reform Act (NRRA) in relation to captive insurance has been introduced to the US Senate. Chairman of the South Carolina Captive Insurance Association, Andrea Bartlett, said: “It is our belief... read...

On June 26, 2014, the Delaware Department of Insurance announced a change in the formation charges for Series Business Units. Effective September 1, 2014, Delaware will require an application fee of $200 and an application... read more

Captives can cut supply chain, cyber-insurance costs according to this recent article in Captive.com by Jeffrey C. Joy. Captive com Article – How Captives Can Cut Supply-Chain Cyber Insurance Costs 06 24 14... read more