The US Internal Revenue Service (IRS) has won the latest microcaptive tax shelter case, involving Sani-Tech West and its captive, Clear Sky Insurance, created to cover shipping losses
The bill calls for advantageous new reinsurance options to be provided to captives and also allows them to have more lines of authority to operate within
CIC Services, a captive insurance manager and strategist, is urging the US Congress to swiftly overturn a new IRS rule that imposes additional restrictions on Section 831(b)
The Washington State legislature is reviewing House Bill 1842 (2025-26), which proposes allowing public utility districts to form, own, or utilise captive insurers
The Oklahoma Insurance Department is correcting the 2024 captive insurance premium tax report forms on the NAIC's OPTins portal, with the updated forms expected to be available this week
The Internal Revenue Service (IRS) has published its regulations on micro-captive listed transactions and transactions of interest
The revisions refine earlier proposals and clarify requirements for captive insurers (Class 12) and fully funded insurers (Class 13)
