A ruling by the Georgia Supreme Court in favour of risk retention groups has prevented insurance authorities in the state from circumventing federal regulations
The Cayman Islands government is “deeply aggrieved” by the amendment to the UK’s Sanctions and Anti-Money Laundering Bill, according to a statement from the Cayman Islands Office of the Premier
The Connecticut General Assembly has passed a new bill authorising agency captive insurance companies in the state
The District of Columbia Council has passed a new bill that updates its captive insurance legislation to authorise the government-run captive, District of Columbia Captive Agency, to write more diverse risks
HR 1625 has provided much-needed guidance for taxpayers with micro captives, primarily clarifying parts of the Protecting Americans from Tax Hikes (PATH) Act 2015, according to John Dies and Matthew Spradling from alliantgroup
The New York Department of Financial Services has issued updated disaster response and recovery plan requirements for all insurance companies in the state
The Kansas state government has passed a bill to update and modernise its captive insurance law
