Monday, November 22, 2010


Louisville, KY, November 22, 2010 The Underwriters Group (TUG) today announced that Michael Shields has joined the Captive Management unit of the firm as Vice President of Captive Operations...

December 1, 2009

The Bluegrass State racked up 36 new captives in 2008 and another 17 in the first 10 months of 2009. Why is Kentucky so popular a destination in the captive industry?
By CYRIL TUOHY, managing editor of Risk & Insurance®

At the annual meeting of the Captive Insurance Companies Association in Indian Wells, Calif., last March, it was hard to avoid all the gloom about how delays in the hardening of rates in the traditional market were slowing new captive formations.

US Captive, April 2009

US Captives looks at what is fuelling the impressive growth in the number of captives in the Bluegrass State.

Since establishing its first captive in 2002, the State of Kentucky has come a long way. Kentucky now has 76 licensed captives. Nine joined its market in the first three months of this year, following on from the 31 that were licensed in the state in 2008. Even in the current economic downturn, there are signs of rate hardening, particularly in reinsurance. The state is well positioned for continued growth for three reasons, says Russell Coy II, captive co-ordinator in the Kentucky Department of Insurance...

Friday, March 13, 2009

Kentucky is among the top eight states in the United States and the top 17 locations in the world for captive insurers, according to the March 2009 issue of Business Insurance.

The commonwealth ranked ninth in the nation and 21st in the world in last year’s rankings.