Vermont has proposed to update its branch captive legislation to require branch captives to designate the state’s commissioner of the Department of Financial Regulation as its agent for service of process
Delaware is set to extend the deadline for a captive’s annual report and annual premium tax payments from 1 March to 15 April each year
The DC Court of Appeals has reinstated the October 2016 three-judge panel’s findings that the Real Estate Settlement Procedures Act does not prohibit captive reinsurance arrangements
A new bipartisan US bill, which amends the FHLB Act and allows captive insurers to regain full membership to the FHLB system, has been introduced to the Senate
The PRA has proposed multiple changes to insurance reporting requirements under the Solvency II directive
The DOL proposed rules on AHPs could have a future impact on the medical stop-loss captive insurance market, according to Phillip Giles, vice president of sales and marketing at QBE North America
Captives need to be mindful of the changes brought by Trump’s US tax reform plan, despite its positive effect on the insurance industry in general, according to John Dies, managing director of tax controversy at alliantgroup
