The US Department of the Treasury has submitted a proposal to the Office of Management and Budget for a data and information collection from property and casualty insurers regarding the Terrorism Risk Insurance Program
The legislature of the state of Kansas has passed Senate Bill 377 to authorise and provide for technology-enabled fiduciary financial institution insurance companies within the Captive Insurance Act
Fenchurch Law, a UK legal firm specialising in working for policyholders and brokers in insurance coverage disputes, has launched a reinsurance and international risks practice group
The Delaware state legislature has passed Senate Bill 203 to amend Title 8 of the Delaware Code, allowing corporations to use captives for directors’ and officers’ liability insurance
The Federation of European Risk Management Associations has called for captives to be automatically classified as low-risk profile undertakings in the European Commission’s review of the Solvency II regime
The Massachusetts legislature has seen increased support for Senate Bill 548, ‘An act relative to crumbling concrete foundations’, following a hearing by the Joint Committee on Environment, Natural Resources and Agriculture last week
Celia Clark, the lawyer that helped to form the micro captive insurance company in the landmark Avrahami case, has filed a lawsuit against the Internal Revenue Service seeking refund for the partial payment of penalties
