CAPTIVES BY STATE, 2007-2008
1 |
Vermont |
567 |
557 |
2 |
Hawaii |
163 |
165 |
3 |
South Carolina |
158 |
163 |
4 |
Nevada |
108 |
123 |
5 |
Utah |
92 |
122 |
6 |
Arizona |
94 |
106 |
7 |
D.C. |
77 |
90 |
8 |
Kentucky |
31 |
67 |
9 |
New York |
44 |
50 |
10 |
Delaware |
18 |
40 |
11 |
Montana |
30 |
35 |
12 |
Georgia |
14 |
14 |
13 |
Colorado |
6 |
6 |
14 |
Alabama |
2 |
3 |
15 |
Missouri |
2 |
3 |
16 |
Tennessee |
3 |
3 |
17 |
Arkansas |
1 |
1 |
18 |
Illinois |
2 |
1 |
19 |
Kansas |
1 |
1 |
20 |
Michigan |
0 |
1 |
21 |
Oklahoma |
1 |
1 |
22 |
South Dakota |
1 |
1 |
|
United States |
1,415 |
1,553 |
|
Source: Business Insurance, March 9, 2009.
CAPTIVES BY STATE, 2008-2009
1 |
Vermont |
557 |
560 |
2 |
Hawaii |
165 |
162 |
3 |
South Carolina |
156 (1) |
161 |
4 |
Utah |
122 |
148 |
5 |
Nevada |
123 |
126 |
6 |
District of Columbia |
90 |
116 |
7 |
Kentucky |
67 |
105 |
8 |
Arizona |
106 (1) |
99 |
9 |
Delaware |
41 |
49 |
10 |
Montana |
35 |
47 |
11 |
New York |
50 |
47 |
12 |
Georgia |
14 |
18 (2) |
13 |
Colorado |
6 |
6 |
14 |
Missouri |
3 |
6 |
15 |
Alabama |
3 |
5 |
16 |
Tennessee |
3 |
4 |
17 |
Michigan |
1 |
2 |
18 |
Arkansas |
1 |
1 |
19 |
Illinois |
1 |
1 |
20 |
Kansas |
1 |
1 |
21 |
Oklahoma |
1 |
1 |
22 |
South Dakota |
1 |
1 |
|
United States |
1,285 |
1,648 |
|
(1) Restated.
(2) Business Insurance estimate.
Source: Business Insurance, March 8, 2010.
CAPTIVES BY STATE, 2009-2010
1 |
Vermont |
560 |
572 |
2 |
Utah |
148 |
188 |
3 |
Hawaii |
162 |
168 |
4 |
South Carolina |
160 |
160 |
5 |
District of Columbia |
156 |
139 |
6 |
Kentucky |
105 |
127 |
7 |
Nevada |
125 |
124 |
8 |
Arizona |
99 |
96 |
9 |
Delaware |
49 |
95 |
10 |
Montana |
47 |
67 |
11 |
New York |
47 |
47 |
12 |
Georgia |
15 |
15 |
13 |
Missouri |
6 |
11 |
14 |
Alabama |
5 |
10 |
15 |
Colorado |
6 |
5 |
16 |
Michigan |
2 |
4 |
17 |
Tennessee |
4 |
4 |
18 |
Arkansas |
1 |
1 |
19 |
Illinois |
1 |
1 |
20 |
Kansas |
1 |
1 |
21 |
Maine |
0 |
1 |
22 |
Oklahoma |
1 |
1 |
23 |
South Dakota |
1 |
1 |
|
United States |
1,701 |
1,838 |
|
Source: Business Insurance, March 14, 2011.
CAPTIVES BY STATE, 2010-2011
1 |
Vermont |
572 |
590 |
2 |
Utah |
188 |
239 |
3 |
Hawaii |
167 (1) |
172 |
4 |
South Carolina |
155 |
159 |
5 |
District of Columbia |
139 |
157 |
6 |
Delaware |
95 |
150 |
7 |
Kentucky |
127 |
137 |
8 |
Nevada |
124 |
127 |
9 |
Arizona |
96 |
97 |
10 |
Montana |
67 |
83 |
11 |
New York |
47 |
50 |
12 |
Missouri |
11 |
19 |
13 |
Alabama |
10 |
18 |
14 |
Georgia |
15 |
13 |
15 |
Michigan |
4 |
5 |
16 |
Colorado |
5 |
5 |
17 |
Tennessee |
2 |
4 |
18 |
South Dakota |
1 |
4 |
19 |
New Jersey |
0 |
3 |
20 |
Maine |
1 |
2 |
21 |
West Virginia |
1 |
1 |
22 |
Oklahoma |
1 |
1 (2) |
23 |
Kansas |
1 |
1 |
24 |
Illinois |
1 |
1 |
25 |
Arkansas |
1 |
1 |
|
United States |
1,831 |
2,039 |
|
(1) Restated.
(2) Business Insurance estimate.
Source: Business Insurance, March 5, 2012.
CAPTIVES BY STATE, 2012-2013
1 |
Vermont |
586 |
588 |
2 |
Utah |
287 |
342 |
3 |
Delaware |
212 (1) |
298 |
4 |
Hawaii |
178 |
184 |
5 |
D.C. |
167 (1) |
172 |
6 |
Montana |
114 |
150 |
7 |
Nevada |
133 |
148 |
8 |
South Carolina |
149 |
145 |
9 |
Kentucky |
139 |
128 |
10 |
Arizona |
101 |
106 |
11 |
New York |
50 |
48 (2) |
12 |
Missouri |
28 |
35 |
13 |
Tennessee |
9 |
32 |
14 |
Alabama |
23 |
27 |
15 |
New Jersey |
5 |
15 |
16 |
Georgia |
13 |
13 |
17 |
Oklahoma |
5 |
11 |
18 |
South Dakota |
4 |
9 |
19 |
Michigan |
6 |
7 |
20 |
Colorado |
5 |
4 |
21 |
North Carolina |
0 |
4 |
22 |
Connecticut |
2 |
4 |
23 |
Maine |
3 |
3 |
24 |
Nebraska |
2 |
2 |
25 |
Arkansas |
1 |
2 |
26 |
Illinois |
1 |
1 |
27 |
Kansas |
1 |
1 |
28 |
West Virginia |
1 |
1 |
|
United States (3) |
2,225 |
2,480 |
|
(1) Restated.
(2) Business Insurance estimate.
(3) Excludes territories.
Source: Business Insurance, March 17, 2014.
CAPTIVES BY STATE, 2013-2014
Rank |
Domicile |
2013 |
2014 |
1 |
Vermont |
588 |
587 |
2 |
Utah |
342 (1) |
422 |
3 |
Delaware |
298 |
333 |
4 |
Hawaii |
184 |
194 |
5 |
D.C. |
170 (1) |
191 |
6 |
Montana |
150 |
177 |
7 |
Nevada |
148 |
160 |
8 |
South Carolina |
145 |
158 |
9 |
Kentucky |
128 |
122 |
10 |
Arizona |
106 |
114 |
11 |
Tennessee |
32 |
72 |
12 |
New York |
65 (1) |
63 |
13 |
North Carolina |
4 |
52 |
14 |
Missouri |
35 |
47 |
15 |
Oklahoma |
10 (1) |
47 |
16 |
Alabama |
27 |
40 |
17 |
New Jersey |
15 |
17 |
18 |
Michigan |
6 (1) |
15 |
19 |
South Dakota |
9 |
14 |
20 |
Texas |
0 |
12 |
21 |
Georgia |
13 |
9 |
22 |
Connecticut |
4 |
7 |
23 |
Nebraska |
2 |
4 |
24 |
Colorado |
4 |
3 |
25 |
Maine |
3 |
3 |
26 |
Arkansas |
2 |
2 |
27 |
Illinois |
1 |
1 |
28 |
Kansas |
1 |
1 |
29 |
West Virginia |
1 |
1 |
|
United States (2) |
2,493 |
2,868 |
|
CAPTIVES BY STATE, 2014-2015
Rank |
Domicile |
2014 |
2015 |
1 |
Vermont |
587 |
596 |
2 |
Utah |
422 |
450 |
3 |
Delaware |
333 |
323 |
4 |
Nevada |
160 |
202 |
5 |
Hawaii |
194 |
197 |
6 |
Montana |
177 |
196 |
7 |
D.C. |
191 |
193 |
8 |
South Carolina |
158 |
167 |
9 |
Tennessee |
70 (1) |
127 |
10 |
Arizona |
114 |
110 |
11 |
North Carolina |
52 |
94 |
12 |
Kentucky |
122 |
92 |
13 |
Oklahoma |
47 |
73 |
14 |
New York |
63 |
63 (2) |
15 |
Missouri |
47 |
50 |
16 |
Alabama |
40 |
42 |
17 |
Michigan |
15 |
23 |
18 |
New Jersey |
17 |
22 |
19 |
Texas |
12 |
21 |
20 |
Georgia |
9 |
16 |
21 |
South Dakota |
9 (1) |
14 |
22 |
Connecticut |
7 |
10 |
23 |
Nebraska |
4 |
4 |
24 |
Colorado |
3 |
3 |
25 |
Maine |
3 |
3 |
26 |
Arkansas |
2 |
2 |
27 |
Illinois |
1 |
2 |
28 |
Kansas |
1 |
2 |
29 |
West Virginia |
1 |
0 |
|
United States (3) |
2,782 |
3,034 |
|
(1) Restated.
(2) Estimated.
(3) Excludes territories.
Source: Business Insurance (www.businessinsurance.com), February 29, 2016.
Captives By State, 2015-2016
Rank |
Domicile |
2015 |
2016 |
1 |
Vermont |
596 |
593 |
2 |
Utah |
440(1) |
462 |
3 |
Delaware |
323 |
385 |
4 |
Nevada |
202 |
207 |
5 |
Hawaii |
197 |
207 |
6 |
North Carolina |
94 |
190 |
7 |
Montana |
196 |
184 |
8 |
South Carolina |
167 |
164 |
9 |
Tennessee |
127 |
160 |
10 |
Arizona |
110 |
113 |
11 |
D.C. |
93(1) |
100 |
12 |
Kentucky |
92 |
84 |
13 |
Oklahoma |
73 |
75 |
14 |
New York |
62(1) |
60 (2) |
15 |
Missouri |
50 |
48 |
16 |
Alabama |
42 |
48 |
17 |
Texas |
21 |
34 |
18 |
Georgia |
16 |
28 |
19 |
New Jersey |
22 |
23 |
20 |
Michigan |
23 |
20 |
21 |
South Dakota |
14 |
16 |
22 |
Connecticut |
10 |
14 |
23 |
Ohio |
4 |
14 |
24 |
Nebraska |
4 |
4 |
25 |
Colorado |
3 |
4 |
26 |
Arkansas |
2 |
3 |
27 |
Illinois |
2 |
3 |
28 |
Maine |
3 |
2 |
29 |
Kansas |
2 |
1 |
|
United States (3) |
2,990 |
3,246 |
|
Captives By State, 2016-2017
Rank |
Domicile |
2016 |
2017 |
1 |
Vermont |
593 |
566 |
2 |
Utah |
462 |
480 |
3 |
Delaware |
385 |
391 |
4 |
Hawaii |
208 (1) |
230 |
5 |
North Carolina |
189 (1) |
220 |
6 |
Nevada |
200 (1) |
204 |
7 |
South Carolina |
164 |
172 |
8 |
Tennessee |
149 (1) |
155 |
9 |
Montana |
163 (1) |
140 |
10 |
Arizona |
113 |
121 |
11 |
D.C. |
100 |
102 |
12 |
Kentucky |
84 |
84 (2) |
13 |
Oklahoma |
75 |
75 (3) |
14 |
New York |
62 (1) |
62 |
15 |
Alabama |
48 |
50 |
16 |
Missouri |
48 |
48 |
17 |
Texas |
34 |
38 |
18 |
South Dakota |
26 (1) |
34 |
19 |
New Jersey |
23 |
23 (2) |
20 |
Michigan |
20 |
22 |
21 |
Georgia |
28 |
20 |
22 |
Ohio |
14 |
15 |
23 |
Connecticut |
14 |
14 |
24 |
Colorado |
4 |
5 |
25 |
Arkansas |
3 |
4 |
26 |
Nebraska |
4 |
4 |
27 |
Illinois |
3 |
3 |
28 |
Maine |
2 |
2 |
29 |
Kansas |
2 (1) |
1 |
|
United States (3) |
|
3,285 |
|
(1) Restated.
(2) Estimated.
(3) Excludes territories.
Source: Business Insurance Survey, Business Insurance (www.businessinsurance.com), March 2018.
Captives By State, 2017-2018
Rank |
Domicile |
2017 |
2018 |
1 |
Vermont |
578 (1) |
580 |
2 |
Utah |
481 (1) |
443 |
3 |
Delaware |
391 |
421 |
4 |
North Carolina |
220 |
240 (2) |
5 |
Hawaii |
230 |
231 |
6 |
South Carolina |
172 |
171 |
7 |
Tennessee |
155 |
169 |
8 |
Nevada |
172 (1) |
156 |
9 |
Montana |
141 (1) |
129 |
10 |
Arizona |
121 |
124 |
11 |
District of Columbia |
102 |
105 |
12 |
Oklahoma |
75 |
66 |
13 |
Kentucky |
65 (1) |
64 |
14 |
New York |
58 (1),(3) |
55 (2) |
15 |
Missouri |
50 (1) |
54 |
16 |
Alabama |
50 |
44 |
17 |
Texas |
38 |
42 |
18 |
Michigan |
22 |
23 |
18 |
New Jersey |
21 (1) |
23 |
20 |
Georgia |
20 |
20 |
21 |
Connecticut |
14 |
15 |
21 |
South Dakota |
34 |
15 |
23 |
Ohio |
15 |
8 |
24 |
Colorado |
5 |
7 |
25 |
Arkansas |
4 |
6 |
26 |
Illinois |
3 |
5 |
27 |
Nebraska |
4 |
4 |
28 |
Maine |
2 |
3 |
29 |
Kansas |
1 |
1 |
|
United States (4) |
3,244 |
3,224 |
|
(1) Restated.
(2) Estimated.
(3) From annual report.
(4) Excludes territories.
Source: Business Insurance Survey, Business Insurance (www.businessinsurance.com), March 2019.
Captives By State, 2018-2019
Rank |
Domicile |
2018 |
2019 |
1 |
Vermont |
580 |
585 |
2 |
Utah |
441 (1) |
435 |
3 |
Delaware |
421 |
366 |
4 |
North Carolina |
246 (1) |
235 |
5 |
Hawaii |
231 |
231 |
6 |
South Carolina |
171 |
179 |
7 |
Nevada |
182 (1) |
174 |
8 |
Tennessee |
169 |
140 |
9 |
Arizona |
124 |
128 |
10 |
Montana |
128 (1) |
123 |
11 |
District of Columbia |
105 |
104 |
12 |
Kentucky |
64 |
64 |
13 |
Missouri |
54 |
52 |
13 |
Georgia |
49 (1) |
52 |
15 |
New York |
55 (2) |
49 (2) |
16 |
Alabama |
44 |
48 |
17 |
Texas |
42 |
45 |
18 |
Michigan |
23 |
24 |
18 |
New Jersey |
23 |
21 |
20 |
Connecticut |
15 |
17 |
21 |
South Dakota |
15 |
16 |
21 |
Oklahoma |
11 |
11 |
23 |
Arkansas |
6 |
9 |
24 |
Colorado |
7 |
7 (2) |
25 |
Ohio |
8 |
6 |
26 |
Illinois |
5 |
4 |
26 |
Nebraska |
4 |
4 |
28 |
Maine |
3 |
3 |
29 |
Kansas |
1 |
1 |
|
United States (3) |
3,227 |
3,133 |
|
(1) Restated.
(2) From website.
(3) Excludes territories.
Source: Business Insurance Survey, Business Insurance (www.businessinsurance.com), March 2020.
Captives By State, 2019-2020
Rank |
Domicile |
2019 |
2020 |
1 |
Vermont |
585 |
589 |
2 |
Utah |
432 |
396 |
3 |
Delaware |
366 |
288 |
4 |
North Carolina |
235 |
250 |
5 |
Hawaii |
231 |
242 |
6 |
Tennessee |
194 |
212 |
7 |
South Carolina |
179 |
175 |
8 |
Nevada |
174 |
166 |
9 |
Arizona |
128 |
131 |
10 |
Montana |
121 |
114 |
11 |
District of Columbia |
104 |
106 |
12 |
Texas |
45 |
57 |
13 |
Georgia |
52 |
56 |
13 |
Alabama |
48 |
53 |
15 |
Missouri |
52 |
51 |
16 |
Kentucky |
64 |
45 |
17 |
New York |
49 |
43 |
18 |
Michigan |
24 |
26 |
19 |
Connecticut |
16 |
22 |
20 |
New Jersey |
21 |
20 |
20 |
South Dakota |
16 |
15 |
22 |
Oklahoma |
11 |
13 |
23 |
Arkansas |
9 |
12 |
24 |
Ohio |
6 |
7 |
25 |
Colorado |
7 |
6 |
26 |
Nebraska |
4 |
4 |
26 |
Illinois |
4 |
3 |
28 |
Maine |
3 |
3 |
29 |
Kansas |
1 |
1 |
30 |
West Virginia |
1 |
1 |
|
United States (1) |
3,182 |
3,107 |
|
Captives By State, 2020-2021
Rank |
Domicile |
2020 |
2021 |
1 |
Vermont |
589 |
620 |
2 |
Utah |
396 |
384 |
3 |
Delaware |
288 |
313 |
4 |
North Carolina |
250 |
257 |
5 |
Hawaii |
242 |
251 |
6 |
South Carolina |
175 |
183 |
7 |
Nevada |
166 |
161 |
8 |
Tennessee |
145 (1) |
153 |
9 |
Arizona |
131 |
149 |
10 |
District of Columbia |
106 |
112 |
11 |
Montana |
115 (1) |
102 |
12 |
Alabama |
53 |
57 |
13 |
Georgia |
56 |
57 |
13 |
Texas |
41 (1) |
54 |
15 |
Missouri |
51 |
52 |
16 |
Connecticut |
22 |
44 |
17 |
New York |
40 (1) (2) |
40 (4) |
18 |
Kentucky |
45 |
34 |
18 |
Michigan |
26 |
24 (4) |
20 |
New Jersey |
20 |
20 |
21 |
South Dakota |
15 |
16 |
21 |
Arkansas |
12 |
14 |
23 |
Oklahoma |
13 |
13 |
24 |
Ohio |
7 |
6 |
25 |
Colorado |
6 |
6 |
26 |
Nebraska |
4 |
4 |
26 |
Maine |
3 |
3 |
28 |
Illinois |
3 |
2 |
29 |
Kansas |
1 |
1 |
30 |
West Virginia |
1 |
1 |
|
United States (3) |
2,681 (1) |
3,069 |
|
Captives By State, 2021-2022
Rank |
Domicile |
2021 |
2022 |
1 |
Vermont |
620 |
639 |
2 |
Utah |
386 (1) |
419 |
3 |
Delaware |
313 |
330 |
4 |
North Carolina |
257 |
294 |
5 |
Hawaii |
250 (1) |
255 |
6 |
South Carolina |
183 |
205 |
7 |
Arizona |
149 |
162 |
8 |
Nevada |
161 |
155 |
9 |
Tennessee |
148 (1) |
150 |
10 |
District of Columbia |
112 |
113 |
11 |
Montana |
102 |
101 |
12 |
Texas |
54 |
73 |
13 |
Connecticut |
44 |
57 |
13 |
Georgia |
57 |
56 |
15 |
Missouri |
52 |
54 |
16 |
Alabama |
57 |
51 |
17 |
Oklahoma |
45 (1) |
47 |
18 |
New York |
40 (2) |
38 (2) |
18 |
Kentucky |
34 |
32 |
20 |
Michigan |
24 |
24 |
21 |
New Jersey |
20 |
20 (3) |
21 |
Arkansas |
14 |
15 |
23 |
South Dakota |
16 |
14 |
24 |
Ohio |
6 |
7 |
25 |
Colorado |
6 |
6 |
26 |
Nebraska |
4 |
4 |
26 |
Maine |
3 |
3 |
28 |
Illinois |
2 |
2 |
29 |
Kansas |
1 |
1 |
30 |
West Virginia |
1 |
1 |
|
United States (4) |
3,161 (1) |
3,328 |
|
(1) Restated.
(2) From website.
(3) Business Insurance estimate.
(4) Excludes territories.
Source: Business Insurance Survey, Business Insurance, March 2023.