Montana's Matthews: Proposed Bill Would Allow Captives to Become Dormant

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Steve Matthews, captive coordinator, Montana, said a bill in the state's legislature would allow captive owners to shelve their captive temporarily, returning to operation when conditions change.

 

Incoming CICA Head Towle: I'm Still Advocating for Captives

Dan Towle, incoming president for the Captive Insurance Companies Association, said he was familiar with the scope of the job because of his job as point person for Vermont's captive outreach.
 

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

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.

 

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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