Utah Leaps Ahead With 69 New Captives in 2011

Organizations from a number of states representing various industries formed 69 captive insurance companies in Utah in 2011. Of the state’s new formations, all were pure captives with one sponsored captive. Most were “micro-captives” formed for a variety of coverages including Supply Chain, Cyber Liability, Legal Defense and Large Deductible. The majority of companies that formed captives are located in California as well as the Midwest, with the largest growth seen in the health-care industry.

 

Featured Video

Most Recent Videos

Video Library ››

Top Story

Animal house: 4 insurance issues that arise when kids go to college

College students bring expensive laptops, televisions, bicycles, musical instruments, cell phones and other digital devices into their new dorm rooms. Do your clients have adequate insurance coverage?

Top Story

8 ways to attract millennials to insurance

Attracting young professionals to a career in insurance is not as hard as it may sound.

More Resources

Comments

eNewsletter Sign Up

PropertyCasualty360 Daily eNews

Get P&C insurance news to stay ahead of the competition in one concise format - FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.