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Washington state offers reduced penalties for ‘unlawful’ self-reporting captives
11 December 2018
Reporter Ned Holmes

Washington Insurance Commissioner Mike Kreidler is offering captive insurance companies that have unlawfully insured risk in the state to pay reduced penalties if they self-report

AES insurance company ratings upgraded
05 December 2018
Reporter Barney Dixon

AES Global Insurance Company has had its long-term issuer credit rating upgraded to “bbb+” from “bbb” and its financial strength rating of B++ (Good) affirmed by A.M. Best

Microsoft case: issues for captives not going away
28 August 2018
Reporter Ned Holmes

The issues caused for captive insurance companies by the Microsoft case and the comments of commissioner Mike Kreidler are not going away, according to John Dies, managing director of tax controversy at alliantgroup

Microsoft captive pays $876,820 to settle with Washington Insurance Commissioner
14 August 2018
Reporter Ned Holmes

Microsoft’s captive insurer, Cypress Insurance, will pay $876,820 to the Washington state Insurance Commissioner, Mike Kreidler, as part of a settlement agreement with the state

Final rule on AHPs issued
20 June 2018
Reporter Ned Holmes

The White House and the Department of Labor has issued a final rule on association health plans

Dirty dozen unlikely to impact captive industry
21 March 2018
Reporter Ned Holmes

The IRS' ‘Dirty Dozen’ list of tax scams will have little impact on the captive industry, despite micro-captives appearing on the list for the fourth consecutive year, according to John Dies of alliantgroup

Micro captives feature on dirty dozen for fourth year
20 March 2018
Reporter Ned Holmes

Micro captives have been named on the Internal Revenue Service (IRS) ‘Dirty Dozen’ list of tax scams for the fourth consecutive year

NRRA chairman gets re-elected
12 October 2012
Reporter Jenna Jones

Sanford Elsass, a builder and manager of risk retention groups, was re-elected chairman of the National Risk Retention Association...

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