Companies doing business within state are now authorized to self-insure, or provide reinsurance for, its own and its affiliates operational risks such as employee benefit plans, liability insurance and workers compensation insurance.
Companies doing business within state are now authorized to self-insure, or provide reinsurance for, its own and its affiliates operational risks such as employee benefit plans, liability insurance and workers compensation insurance.
The state of Connecticut, which on June 2 enacted legislation to become a captive insurer domicile, won't be funding the operation for months or hiring a captive administrator any time soon, an offici
Senate Bill 1061 was introduced by Sen. Alan Sanborn, R-Richmond, to amend the insurance code and allow captive insurers. Also enacted was Senate Bill 1062, which exempts captives from a 1.25 percent
Officials of Hawaii's captive insurance industry trade group said they are applauding two bills designed to enhance and clarify captive insurance laws that have been signed into law by Gov. Linda Ling
The new legislation brings Arizona in line with other leading domestic domiciles, said Richard P. Marshall, a director of the AzCia, and also president and chief executive officer of NBIS Captive Mana