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CIC Services files second case against IRS
03 April 2017
Washington DC Reporter Becky Butcher

Captive manager CIC Services has lodged a second lawsuit against the Internal Revenue Service (IRS) and US Treasury in a bid to block Notice 2016-66

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UK finally triggers Brexit
29 March 2017
London Reporter Becky Butcher

The UK has officially pulled the trigger on Article 50 and commenced the two-year negotiation process that will end in its exit from the EU

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First insurer formed in Rhode Island under new reg
28 March 2017
New York Reporter Becky Butcher

ProTucket Insurance Company has become the first domestic insurer dedicated to providing run-off portfolio transfer solutions in Rhode Island

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Delaware to allow captives to go dormant
23 March 2017
Dover Reporter Mark Dugdale

Arkansas and Montana introduced legislation proposing a dormant status for captives last month

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EXCLUSIVE: Guernsey considers Solvency II equivalence
23 March 2017
St Peter Port Reporter Becky Butcher

Guernsey is “actively considering” whether it is appropriate to pursue equivalence with the EU’s Solvency II Directive

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Second Circuit dismisses ‘shadow insurance’ claims
22 March 2017
New York Reporter Mark Dugdale

The US Court of Appeals for the Second Circuit has parried two attacks against the captive reinsurance transactions of life insurance companies

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Georgia captive reforms almost law
16 March 2017
Atlanta Reporter Mark Dugdale

A new bill is making its way through the Georgia legislature that will soon offer businesses and captive managers a more efficient method of forming and domiciling a captive in the state

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