Sam Komo, captive insurance manager, Missouri Department of Commerce and Insurance, said the state aims to implement technological changes to streamline premium tax and financial filings. Komo spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington. 

Stephen Taylor, Delaware's director of the Bureau of Captive and Financial Insurance Products, said certain proposed IRS rule requirements are considered overly broad. Taylor spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

Vermont Captive Insurance Association President Kevin Mead said the association has conducted a trade mission in Mexico, with representatives from that country and others attending this year's VCIA conference, held in Burlington.

Mark Wiedeman, director, Captive Insurance Section, Tennessee Department of Commerce & Insurance, said the state recently licensed its 1,000th risk-bearing entity.

Lori Gorman, deputy commissioner, N.C. Department of Insurance, said legislation to modify the state's Captive Insurance Act includes extending premium tax holiday provisions. Gorman spoke with AM Best TV at the annual VCIA conference in Burlington.

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

A panel of AM Best rating analysts at the Vermont Captive Insurance Association conference attributed rated captives' strong performance over the past five years to minimal volatility, improved combined ratio and operating performance.

AM Best's Fred Eslami said a limited number of rated captive insurers are employing parametric coverage. Panelists spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

Brittany Nevins, captive insurance economic development director, Vermont, said regulators, associations and legislators meet regularly to fine-tune the state's captive laws.

With oil prices at a relatively high level and COVID-19 lockdowns ended, MENA regional insurance markets are showing strong growth, said Vasilis Katsipis, general manager, market development - MENA, South & Central Asia, AM Best.