The Self-Insurance Institute of America has suggested that the settlement figures released by the Internal Revenue Service earlier this month are “misleading”
The working group is currently setting the groundwork and will begin in 2020 through congressional meetings, political involvement and meetings with regulators
The National League of Cities Mutual Insurance Company (NLC Mutual) has appointed Jill Eaton as president and CEO
The IRS has listed micro captives on its dirty dozen list of "tax scams to avoid" for the fifth consecutive year
The DC licensed 17 new captive insurance companies last year, the largest growth in terms of captive formations since 2015
The District of Columbia has established a Financial Services Regulatory Sandbox and Innovation Council to analyse the viability of implementing a financial services sandbox
The IRS's large business and international division has named micro captives an “area of significant compliance risk” that it is working on in 2019
SIIA has released the SIIA Captive Manager Code of Conduct to provide ethical business conduct guidance to captive managers
