Michigan's Piner Sees Captive Future in Cannabis, Auto, Life Sectors

David Piner director of the captive program, Michigan Department of Insurance and Financial Services, said Michigan's program is growing, with about $2.5 billion in premiums written last year. Premiums could exceed $3 billion by the end of 2023. Piner spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.