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Captive premium surpasses $1bn in Tennessee

Tennessee captives wrote more than $1bn in premium in 2017, the first time the state has reached the milestone. Captive Review reported earlier this month Tennessee had licensed...
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Ratings downgrade for Security America RRG

Security America Risk Retention Group, Inc has had its financial strength rating downgraded by A.M. Best from ‘B+’ (Good) to ‘B’ (Fair). The long-term issuer credit rating has...
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Advantage opens Vermont office

Advantage Insurance has opened its first office in Burlington, Vermont as it ramps up its activity in the state. Captive Review reported in November the captive manager had...
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106 captive licences surrendered in Utah

There were 60 new captives formed in Utah during 2017, but Captive Review understands 106 licences were surrendered. The 2017 year-end captive number for Utah is 416, plus...
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