The US Senate Banking Committee must consider amendments to the US Dodd-Frank Act so that policyholders are not put at risk, according to the National Association of Insurance Commissioners...
A proposed tax reform in New York could result in a significant tax increase for captives, according to Sutherland Asbill & Brennan LLP...
A new bill revising aspects of South Dakota’s captive insurance legislation has been signed into law. South Dakota governor Dennis Daugaard signed HB 1051, an act to revise certain provisions regarding the regulation of captives, into law...
The CCIR have objected to a proposal within the Obama administration’s fiscal year 2015 budget that would deny a tax deduction for certain reinsurance premiums paid to foreign-based affiliates by domestic insurers. Should the proposal carry through
New York tax reform could empty captive companies’ wallets, if it goes ahead as planned...
Ireland’s central bank has told captive entities that they must provide it with written statements that they are adhering to certain regulations...
Vermont has introduced a bill called the Vermont Legacy Insurance Management Act (LIMA), which has the potential to drive millions of dollars into the state’s economy...
