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South Carolina to legislate for PCCs
30 May 2014
South Carolina Reporter Stephen Durham

South Carolina is to amend its captive insurance legislation to accommodate for protected cell companies, according to Jeffrey Kehler of the South Carolina Captive Insurance Division...

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Guernsey to join top club in fight against tax evasion
29 May 2014
Guernsey Reporter Stephen Durham

The Organisation for Economic Co-operation and Development and the Council of Europe’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters will be effective in Guernsey from the start of August...

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SB 188 now Connecticut law
28 May 2014
Connecticut Reporter Stephen Durham

Connecticut’s Governor Dannel Malloy has signed Senate Bill 188 (SB 188) into law, updating the state’s captive insurance regulations...

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CICA opposes captive revision
21 May 2014
Kansas City Reporter Stephen Durham

The Captive Insurance Companies Association (CICA) has officially expressed its objection to the Financial Regulation Standards and Accreditation (F) Committee’s proposed revisions to the definition of “multi-state reinsurer”...

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Puerto Rico authorises cat bonds and ILS
19 May 2014
Puerto Rico Reporter Stephen Durham

Catastrophe bonds and other Insurance Linked Securities (ILS) are now available in Puerto Rico following several amendments to articles within the country’s insurance code...

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Connecticut updates SB 188
14 May 2014
Connecticut Reporter Stephen Durham

The State of Connecticut’s Insurance Department has updated its existing captive statutes by making changes to Senate Bill 188 (SB 188)...

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JLTIM and CICA begin appeal to NAIC
13 May 2014
Vermont Reporter Stephen Durham

JLT Insurance Management has joined with CICA and the captive industry in calling for the NAIC to reconsider its proposed definition of "Multi-State Reinsurer"...

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