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R&Q acquires Cummins legacy captive

R&Q has announced its second captive acquisition in a week after completing the transaction for a Vermont-domiciled insurance company owned by engine manufacturer Cummins, Inc. The run-off specialists...
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Delaware to introduce dormant captive status

Delaware will be the latest American domicile to add a ‘dormant’ definition to its captive insurance statute if legislation introduced to the General Assembly is passed. House Bill...
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Hawaii, Nevada and Kentucky report 2016 captive figures

Nevada licensed 30 new captives in 2016, while Hawaii added 16 new captive licences. In Nevada, there were 23 licences surrendered which brought its year-end number to 203....
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R&Q acquires Bermuda captive

Run-off specialists R&Q has agreed to acquire the wholly-owned captive insurer of American uniform and linen supplier Ameripride Services Inc. The Bermuda-domiciled captive is also owned by Alsco,...
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