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Montana introduces dormant status for captives
14 February 2017
Helena Reporter Becky Butcher

Montana’s lawmakers have introduced a new captive bill that will allow inactive captive insurance companies to apply for dormant status

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Brexit whitepaper hints at ‘third-country’ status
02 February 2017
London Reporter Mark Dugdale

The UK could adopt ‘third-country’ status in financial services upon its exit from the EU, according to the long awaited Brexit whitepaper...

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VCIA members testify the state’s proposed captive bill
02 February 2017
Montpelier Reporter Becky Butcher

VCIA members have moved the recently introduced proposed captive bill another step forward after testifying before the House Commerce and Senate Finance Committee...

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Tennessee proposes captive bill updates
01 February 2017
Nashville Reporter Becky Butcher

Tennessee has started the process to update its captive legislation with a new bill introduced on 31 January...

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SIIA: Notice 2016-66 is 'premature'
31 January 2017
Washington DC Reporter Becky Butcher

The Self-Insurance Institute of America (SIIA) has “respectfully requested” in a letter to the Internal Revenue Service (IRS) that it suspends Notice 2016-66, because it is “premature”...

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IRS is attempting to ‘poison the carrot’
24 Janaury 2017
Washington DC Reporter Becky Butcher

The Internal Revenue Service’s (IRS) controversial Notice 2016-66 is an “attempt to poison the carrot” of Section 831(b), according to Sean King, principal of CIC Services...

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CRS update has ramifications for Cayman captives
23 January 2017
Grand Cayman Reporter Becky Butcher

Captive insurance professionals need to be aware of certain points arising from the updated Common Reporting Standard Regulations, according to Lucy Frew, partner of Walkers Global...

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