The Delaware state legislature has passed Senate Bill 203 to amend Title 8 of the Delaware Code, allowing corporations to use captives for directors’ and officers’ liability insurance
The Federation of European Risk Management Associations has called for captives to be automatically classified as low-risk profile undertakings in the European Commission’s review of the Solvency II regime
The Massachusetts legislature has seen increased support for Senate Bill 548, ‘An act relative to crumbling concrete foundations’, following a hearing by the Joint Committee on Environment, Natural Resources and Agriculture last week
Celia Clark, the lawyer that helped to form the micro captive insurance company in the landmark Avrahami case, has filed a lawsuit against the Internal Revenue Service seeking refund for the partial payment of penalties
There are several tax pitfalls prospective parent companies must be aware of when setting up a captive insurance company, according to a new guide by Ernst & Young
The International Financial Services Centres Authority of India has received an insurance committee report recommending the development of the international finance services centre in Gujarat into a global insurance and reinsurance hub
The Office of the Insurance Commissioner for the state of Washington has adopted the proposed regulations of the new captive insurance law, effective 21 December 2021
