Magnifying Glass
Back to Sponsored Content

MO Chief Insurance Regulator Welcomes Western Region Captive Insurance Conference to St. Louis

13 May, 2015 WorkersCompensation.com

                               

Jefferson City, MO (WorkersCompensation.com) - Missouri Department of Insurance Director John M. Huff welcomed the captive industry to St. Louis for the Western Region Captive Insurance Conference. The event was co-hosted by the Missouri, Arizona and Utah Captive Associations. The conference was held in St. Louis this week and included over 200 attendees.  

Huff helped lead a town hall discussion today about the latest news and regulations currently in place with the National Association of Insurance Commissioners (NAIC). Huff is the President-Elect of the NAIC and also chairs the NAIC Financial Regulation Standards and Accreditation (F) Committee.   

Captives are essentially a form of self-insurance, typically established to meet the risk-management needs of the business owner in conjunction with traditional forms of insurance protection.  Missouri is a leading state in the creation, management and regulation of captives to support the business community. 

"Missouri is a leading captive state and we are supportive of the growth of this industry in our state to address the evolving risk-management needs of the business community," Huff said.

Missouri currently has 49 captive licenses issued and 47 active captives. In 2014, captives generated $2 million in premium taxes and fees for the state.

    • Read Also

    MedRisk Announces Sri Sridharan as CEO

    King of Prussia, Pa. (September 19, 2023) – MedRisk, the leader in managed physical rehabilitation in workers’ compensation, today announced the appointment of its President Sri Sridharan to Chief Executive Officer, effective immediately. As CEO, Mr. Sridharan will […]
    WorkCompCollege.com Launches Unique State-Specific Training Program for Workers’ Compensation Stakeholders 

    September 18, 2023  Lakewood Ranch, FL – WorkCompCollege.com, a division of Workers’ Compensation Educational Services, LLC, announced the launch of an innovative series of training modules covering the unique aspects of each workers’ compensation jurisdiction […]
    Empatha CEO Darrell Bruga to Discuss Overcoming Work Disability at National Comp Conference

    Las Vegas, NEV (September 7, 2023) – Since the pandemic, employers and workers’ compensation carriers have been refining their claims strategies to address the historic increase in anxiety, depression and substance abuse. “We have looked at […]

    About The Author

    • WorkersCompensation.com

    More by This Author

    ReEmployAbility Announces Free Webinar: ‘Overcoming Jurisdictional Return-to-Work Challenges’

    ReEmployAbility, Inc.Contact: Rebecca Dearth(813) 261-3117 | news@reemployability.com Brandon, FL (May 10, 2023)- ReEmployAbility CEO and Founder Debra Livingston will be hosting a second free, live Work Comp Central webinar in their continued series to educate […]
    NCCI Annual Golf Event Tees Up $25,000 for Kids’ Chance of America

    (Orlando, FL–May 10, 2023)—The National Council on Compensation Insurance (NCCI) has given $25,000 to Kids’ Chance of America, supporting college scholarships for the children of injured workers. NCCI made the donation in conjunction with its Annual […]
    What Makes a CMS Appeal Successful?

    In response to a Medicare conditional payment demand, payers can access a five-level appeals process, including a hearing before a Centers for Medicaid and Medicaid Services (CMS) administrative law judge (ALJ). Most conditional payment demand […]

    Read More

    MedRisk Announces Sri Sridharan as CEO

    King of Prussia, Pa. (September 19, 2023) – MedRisk, the leader in managed physical rehabilitation in workers’ compensation, today announced the appointment of its President Sri Sridharan to Chief Executive Officer, effective immediately. As CEO, Mr. Sridharan will […]
    WorkCompCollege.com Launches Unique State-Specific Training Program for Workers’ Compensation Stakeholders 

    September 18, 2023  Lakewood Ranch, FL – WorkCompCollege.com, a division of Workers’ Compensation Educational Services, LLC, announced the launch of an innovative series of training modules covering the unique aspects of each workers’ compensation jurisdiction […]
    Empatha CEO Darrell Bruga to Discuss Overcoming Work Disability at National Comp Conference

    Las Vegas, NEV (September 7, 2023) – Since the pandemic, employers and workers’ compensation carriers have been refining their claims strategies to address the historic increase in anxiety, depression and substance abuse. “We have looked at […]
    ReEmployAbility Sponsors The Spring of Tampa Bay’s 33rd Annual Gift of Peace Luncheon

    Brandon, FL (September 6th, 2023)- ReEmployAbility is happy to announce its sponsorship of The Spring of Tampa Bay’s Gift of Peace Luncheon. ReEmployAbility’s CEO and founder is a proud board member for the Spring of […]
    Ametros Strengthens its C-Suite with Two Promotions

    Wilmington, Mass. (September 5, 2023) — Ametros, which helps people manage their medical funds following workers’ compensation or liability settlements, has expanded its C-Suite with the promotions of two accomplished executives. As of September 1, Andrea […]
    NCCI Marks 100 Years of Serving the Workers Compensation System

    August 31, 2023 (BOCA RATON, FL)—The National Council on Compensation Insurance (NCCI) celebrated 100 years of service to the workers compensation (WC) system with an event honoring its employees and a century of service to […]

    Request a Demo

    To request a free demo of one of our products, please fill in this form. Our sales team will get back to you shortly.