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Captive amendment bill passes Delaware Senate
16 February 2021
Delaware Reporter Maria Ward-Brennan

The Delaware State Senate has passed Senate Bill 36, which is an act to amend title 18 of the Delaware Code relating to captive insurance companies

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Utah introduces new bill to authorise state captive insurance company
12 February 2021
Utah Reporter Maria Ward-Brennan

The new bill, House Bill 50, will require the Utah risk manager to coordinate and cooperate with any covered entity having responsibility for risk control and safety of school districts and charter schools

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Alabama Captive Insurance Association reveals 2021 captive bill amendments
05 February 2021
Alabama Reporter Becky Bellamy

If passed, the new Alabama captive bill amendments will see the introduction of three new alternative risk vessels, a new formal redomestication process, RRG legislation and a reduction to the minimum capital requirements

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How will new US administration tax proposals affect captives?
29 January 2021
US Reporter Becky Bellamy

RH CPAs’ Teresa Jones, Diana Hardy and Daniel Milan explain it is important to consider the possible effects of proposed tax plans likely introduced by the new Joe Biden administration

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Washington proposes captive bill that could see $29m in back taxes and generate revenues of over $2.5m
28 January 2021
Washington Reporter Maria Ward-Brennan

A bill submitted during Washington State 2021 legislative session would see the creation of a framework for registering eligible captive insurers and imposing a premium tax on the risk covered by premiums allocable to the state

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Connecticut proposes captive bill amendments
28 January 2021
Connecticut Reporter Maria Ward-Brennan

After being delayed due to the COVID-19 pandemic, the Connecticut Department of Insurance has drafted a proposal concerning captive insurance for the 2021 legislative session

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CICA, VCIA and CIC-DC respond to proposed TRIP rule changes for captives
12 January 2021
Minnesota Reporter Maria Ward-Brennan

CICA, VCIA and the CIC-DC have all submitted a response to a request for public comment regarding the participation of captive insurers in the TRIP established under the TRIA

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