2019 has been a stellar year in the Risk Management industry. All of us here at U.S. Captive Partners & Associates would like to express our sincere gratitude and appreciation to the advisor community, partners and clients for contributing to our success.
As we move into 2020, which is an election year, you will see more captives in the news. Companies will be looking to protect themselves from the risks that go with running a business. We look forward to the great things to come and to working with you and your clients.
All of us here at US Captive Partners & Associates wish you a
Happy Chanukah, Merry Christmas and Happy New Year!

Larry Papola
Lawrence J. Papola, Jr.
December Captive Claim Highlight
Client Profile
Industry:   Information Technology
Gross Revenue:  $50,000,000
Location :  Virginia
Claim Information
Description: One of our insureds terminated a sub-contractor based on poor performance and unsatisfactory client feedback. Upon receiving notice of the termination, the sub-contractor filed suit against the insured requiring defensive legal action. The insured was able to recoup the legal fees paid for their defense through their Oxford policy's Defense Cost Reimbursement coverage.  
Line of Coverage:  Defense Cost Reimbursement
This exposure was elected for coverage by the client under Oxford’s policy, resulting in a claim payment amount of approximately $280,000.
*Please note that each claim will undergo an independent investigation and thorough review process. Various components specific to the claim at hand will be assessed thoroughly to determine if the loss is covered by the policy.
Texas Captive Domicile Summary
T exas is both one of the youngest and fastest-growing captive insurance company domiciles in the United States.

In 2013, Texas lawmakers approved legislation allowing the formation of captives. By the end of 2014, 13 captives were licensed in the Lone Star State and at the close of 2015, the state had 22 captives. Currently, 43 captives are licensed.

December 2019 Calendar
DEC 21: Winter Solstice
DEC 22:  Hanukkah Begins
DEC 25: Christmas
DEC 26: Kwanzaa Begins
DEC 30:  Hanukkah Ends
DEC 31 : New Year’s Eve
December is Observed as:
Universal Human Rights Month
Safe Toys and Gifts Month

2020 World Captive Forum
Celebrating its 28th year, the 2020 World Captive Forum will address new and emerging risks facing companies and organizations worldwide, demonstrating how captives can offer solutions that may not be available in the traditional insurance marketplace. A domicile-neutral conference...
485 Underhill Blvd.
Suite 101
Syosset, NY 11791

Office: 1-833-US-CAPTIVE
Fax: 888-929-6565