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.

 

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.

 

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.
 

Captive Growth Tied to Cyber, Health Care, Expanding Cells

Attendees of the 2017 International Conference of the Captive Insurance Companies Association said market and regulatory pressures will drive more cyberrisk to captives. Those captives will also be required to meet new cyberrisk standards.
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