Vermont's Provost: Proposed Bill Reduces Taxes for New Captives

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David Provost, deputy commissioner, Vermont Captive Insurance Division, said a proposed tax change in Vermont would lower tax credits and extend them from one to two years for new captives.

 

Zurich's Bauman: Captives May Lead the Way in Customized Cyber Cover

Steve Bauman, senior vice president, Zurich, said captive insurers are now covering cyber and he expects they will become more varied and creative than standard policy writers in how they fit the coverage to the need.

 

Captives, Born in Disruption, Become Tools of Resilience

Attendees at the 2017 International Conference of the Captive Insurance Companies Association, held in San Diego, said captives started as disruptive alternatives to traditional insurance and have grown to become ongoing risk management tools.
 

Assa Abloy's Finnman: Even Locks Have Unique Cyber Exposures

Fredrik Finnman, global risk insurance management, Assa Abloy, said lockmakers such as Assa Abloy are creating digital products that have risk exposures not always covered by standard offerings.
 

NRRA's Myers: Soft Market Takes a Toll on Risk Retention Groupsers

Attorney Skip Myers, who serves as general counsel to the National Risk Retention Association, said the number of active risk retention groups has dropped in recent years as some opt for coverage in the commercial market.

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