The big problem in the Syzygy court case was when the premiums decreased, the taxpayer switched captive managers, which according to Chaz Lavelle, “is what the court was concerned about”
Artex Risk Solutions and other captive insurance providers have secured a victory in a class action lawsuit at the US District Court for the District of Arizona—Phoenix Division
KPMG has published an analysis of IASB’s proposed amendments to IFRS 17
The possible expiration of TRIPRA could result in a potential rating downgrade in ratings for P&C insurers, and therefore captives, according to A.M. Best
Legislation proposing amendments to the North Carolina captive act, including the addition of a premium tax holiday for captives redomesticating to the domicile, has been delayed by the state’s House Insurance Committee
A Vermont bill updating the state’s captive statute, including alterations to its financial examinations requirements, has been signed into law by Governor Phil Scott
A Vermont bill proposing a number of updates to its captive insurance statute, including alterations to its financial examinations requirements, has been given the final approval by the Senate and House
