Filed Under:Risk Management, Public Sector Risk

Home State Advantages May Lead to Captive Re-domiciling

NU Online News Service, March 8, 1:46 p.m. EST

The U.S. captive industry may be undergoing some changes with a new trend towards domiciling in a company’s resident state, according to a captive expert.

He notes, “There’s not an up-and-coming domicile as much as there is a trend, for many reasons, to domicile in your home state.”

New York, he adds, was ahead of the curve in that all its captives are now New York-based companies. In fact, the one New Jersey-based captive has relocated to New Jersey, he says.

Featured Video

Most Recent Videos

Video Library ››

Top Story

Hosting a Super Bowl 50 party? Watch out for these 5 risks

Follow these five tips to keep your guests and your home safe during your Super Bowl 50 party.

Top Story

Win big with these 7 food safety tips for your Super Bowl 50 party

Avoid food safety penalties at your Super Bowl party by following these seven tips.

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.