Filed Under:Risk Management, Captives

NY Times Owns New York-Domiciled Captive

The captive owned by the Times is domiciled in New York, which unlike Vermont, does not publicize information about parent companies of captives.
The captive owned by the Times is domiciled in New York, which unlike Vermont, does not publicize information about parent companies of captives.

NU Online News Service, May 11, 12:10 p.m. EDT

A page-one New York Times article this week slammed state captive insurance laws, stating that they allow companies to “conduct Bermuda-style financial wizardry” in the U.S., but the Times company, it turns out, has its own captive domiciled in New York.

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