Connecticut Announces Its 3rd Licensed Captive Insurance Company
Connecticut Gov. Dannel P. Malloy announced last week that the corporate owner of one of the largest grocery store chains in New York City is setting up its captive insurance subsidiary in Connecticut....
View ArticleAetna to Establish Captive Insurance Company in Connecticut
Connecticut Gov. Dannel P. Malloy announced last week that Hartford, Connecticut-based health insurer Aetna is establishing its captive insurance company in its home state, becoming the state’s fifth...
View ArticleConnecticut Insurance Department Licenses New Captive Insurer
Connecticut Insurance Commissioner Katharine L. Wade announced that a corporation specializing in consultation and financial management for reinsurance companies is expanding its footprint in...
View ArticleConnecticut Announces Its 10th Captive Insurer
The Connecticut Insurance Department announced that a Syosset, New York-based construction services firm, RC Structures, is establishing its captive insurance operations in Connecticut. The new...
View ArticleConnecticut Regulator Licenses New Health Care Captive
Connecticut Insurance Department announced Thursday that it has licensed a non-profit captive insurance cooperative comprising several Connecticut municipalities and school districts that aims to give...
View ArticleConnecticut Added 13 Captives in 2021
Insurance Commissioner Andrew N. Mais touted a year of growth in captive insurers domiciled in Connecticut. In 2021, Connecticut approved 13 captive insurers. The licenses granted by the state were for...
View ArticleNew York City Seeks Public Help With E-Bike Crackdown After Deadly Fires
New York City officials called on the public to help with a crackdown on unsafe e-bike shops after a spate of deadly fires caused by lithium ion batteries, the latest of which killed four people in...
View ArticleConnecticut Updates Captive Insurance Law
Connecticut is updating its captive insurance law to provide more flexibility for established captive cells and allow captives to accept and transfer risk using parametrics. The legislation also...
View ArticleConnecticut Sees Growth in Captive Insurers for Fourth Straight Year
Commissioner Andrew Mais of the Connecticut Insurance Department announced a 37% increase in the state’s captive insurance sector in 2023. According to Mais, this growth includes the addition of 10 new...
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