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Washington OIC schedules Alaska Air’s prehearing conference
17 September 2019
Reporter Becky Bellamy

The Washington Office of the Insurance Commissioner has calendared a prehearing conference for Alaska Air on 30 September

Captives on Washington’s 2020 legislative priorities list
17 September 2019
Reporter Maria Ward-Brennan

Captive insurance has been included in the Washington State Office of the Insurance Commissioner's 2020 legislative priorities list

IRS offers settlement for micro captive insurance schemes
16 September 2019
Reporter Maria Ward-Brennan

IRS will be mailing a time-limited settlement offer for certain taxpayers under audit who participated in ‘abusive’ micro-captive insurance transactions

Captive receives $2.5m fine from Washington insurance commissioner
09 September 2019
Reporter Maria Ward-Brennan

The insurance commissioner for the State of Washington, Mike Kreidler, has imposed a $2.5 million fine on Alaska Air’s Hawaii-domiciled captive insurance company for unpaid tax, interest, and penalties

Costco captive pays $3.6 million in Washington state settlement
15 March 2019
Reporter Ned Holmes

Costco’s captive insurance company, NW Re limited, has become the second captive to settle with the Washington State insurance commissioner, Mike Kreidler

NAIC names committee leadership for 2019
15 January 2019
Reporter Ned Holmes

The National Association of Insurance Commissioners (NAIC) has named its committee chairs and vice chairs for 2019

Captives should avoid Washington state, says Queen
18 December 2018
Reporter Ned Holmes

Captives that do not have to do business in Washington state should do everything they can to stay out of the state, according to Matthew Queen from Venture Captive Management

Captives may fight Washington Commissioner’s ‘concerning’ plan
12 December 2018
Reporter Ned Holmes

Captives may fight the Washington State Insurance Commissioner’s plan for companies that ‘unlawfully insure risks in the state’, according to CICA president Dan Towle

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