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Nevada issues 100th captive license

CARSON CITY, Nev.—Nevada, the fastest growing major domestic captive insurance company domicile, has licensed its 100th captive. The 100th captive is sponsored by Cramer Motors Inc., a large car dealership...

Captive formations slowed in 2007

With the traditional insurance market softening, captive formations are easing in two of the nation?s largest captive domiciles. In Vermont, 32 captives were licensed in 2007, down from 37 each...