The US Court of Appeals for the District of Columbia Circuit has overruled the Consumer Financial Protection Bureau’s (CFPB) decision to prohibit PHH Corporation’s captive reinsurance arrangement...
Randall & Quilter Investment Holdings (R&Q) has acquired the United States Sports Insurance Company (USSIC), a wholly owned captive of USA Swimming...
Captives should not be treated differently than other insurers when participating in the Terrorism Risk Insurance Program (TRIP), according to the SIIA...
Michael Sapnar, president and CEO of Transatlantic Re, has been elected chair of the Reinsurance Association of America’s board of directors...
The Internal Revenue Services (IRS) can use a deficiency case to challenge the legality of micro captive arrangements, the US Tax Court has ruled...
The Internal Revenue Service (IRS) has continued to scrunitise captive insurance with micro captives featuring on the ‘Dirty Dozen’ tax scams list for the second year running...
The Federal Housing Finance Agency has finally banned captives from being members of the Federal Home Loan Bank system, despite widespread hostility to the move...
An amendment has been introduced into US Congress that proposes increasing the premium limit of the 831(b) election from $1.2 million to $2.2 million...
