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Captives in Utah – Basics


Captives in Utah – Basics

A pure captive is owned and controlled by one company and insures that company and/or its affiliates.

Captive | Utah Insurance Department

The focus of the Utah Captive Insurance Division is to implement the Utah Captive Insurance Companies Act and promote Utah as a domicile for captive insurance ...

Utah Captives

Utah has emerged as one of the most rapidly growing U.S. domiciles for captive insurance companies. Under Ross Elliott's leadership as Captive Insurance ...

Utah amends captive regulations

The Utah Insurance Department has unveiled a series of changes to captive legislation in the state. ... Firstly, association captives are now ...

Utah Insurance Department - Captive.com

If you are seeking a domicile as committed to your captive's success as you are, then Utah is the choice for you; where risk management, cost control, and ...

Utah Captive Domicile — UCIA

The objective of the legislation was to establish a business-friendly climate for companies forming captive insurance operations in Utah. Advantages of ...

Utah Captives Offer Solution to Homeowners Insurance Dilemma

For the first time, a captive domicile, Utah, is allowing captives to provide personal lines of insurance. Given both the distressed conditions ...

Membership — UCIA - Utah Captive Insurance Association

It has also become attractive for larger captive formation, and for those captives that are desiring to re-domicile to a place where the business climate is ...

Captives for HOAs? A New Utah Regulation Allows the Alternative ...

The amendments to Utah's captive legislation came after homeowners and HOAs expressed frustration at not being able to find insurance coverage. Historically, ...

Utah | Captive International

Utah is known for being a business friendly state and our Captive Division fits the well. It is known for being fair and responsive to the needs of the ...

Utah: Building a home for captive innovation - Captivereview

With home coverage increasingly unaffordable, we changed our captive legislation to allow homeowners associations in the state to form captives ...

Utah Code | Chapter 37 - CAPTIVE INSURANCE COMPANIES ACT

Browse Utah Code | Chapter 37 - CAPTIVE INSURANCE COMPANIES ACT for free on Casetext.

Are Captives the Answer for Uninsured HOAs? Utah Opens Door

When Utah's representative spoke up at that final panel, consisting of a group of regulators reporting new developments in their state, Utah's ...

Utah - Captive Insurance Companies Association (CICA)

Utah · Single parent captives · Association captives · Group captives · Protected cell/segregated portfolio companies · Risk retention groups · Special purpose ...

Navigating captive regulations across US states

Since the passage of captive legislation in the state in 2003, Utah has risen to become the second largest captives domicile in the US. In 2023, the state ...

Utah's Wegkamp: State Simplifies Captive Formation, Adjusts ...

Travis Wegkamp, director of captive insurance, Utah, said changes to the state's captive regulations are aimed at helping small- and medium-size businesses ...

Captive Insurance - Moreton & Company

Our captive experience began in the mid-1980s. We formed, and still manage, the first employee benefits captive in Utah and the first and second property & ...

Rule R590-238 - Captive Insurance Companies - Casetext

Browse Utah Administrative Code | Rule R590-238 - Captive Insurance Companies for free on Casetext.

2006 Utah Code - :: Chapter 37 — Captive Insurance Companies Act

2006 Utah Code - Chapter 37 — Captive Insurance Companies Act · 31A-37-101 — Title. · 31A-37-102 — Definitions. · 31A-37-103 — Chapter exclusivity. · 31A-37-104 — ...

Utah licences 38 captives in 2023

Utah added 38 new captives to its ranks in 2023, taking the total number of captives in the domicile to 376, compared to 365 at the end of ...