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Washington OIC launches study to reveal unpaid taxes by insurance
28 August 2020
Washington Reporter Maria Ward-Brennan

Washington Insurance Commissioner Mike Kreidler has started a study to determine how many organisations in the state are not paying insurance premium tax as required under state law

Washington OIC reveals proposed captive insurance legislation
16 January 2020
Washington State Reporter Maria Ward-Brennan

Washington State Insurance Commissioner has introduced a draft legislative on captive insurance

Washington OIC orders captives to stop insuring risk in the state
02 January 2020
Washington Reporter Maria Ward-Brennan

Washington Insurance Commissioner Mike Kreidler has ordered unauthorised insurers Olympic Casualty Insurance and ASA Assurance to stop insuring risk in Washington state for their parent companies Starbucks and Alaska Air Group

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

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

Captive receives $2.5m fine from Washington insurance commissioner
09 September 2019
Washington 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
Washington 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

CICA: No clear answer whether other states will emulate Washington
14 March 2019
Arizona Reporter Ned Holmes

There is no clear answer to whether more US states will emulate the aggressive stance on captive insurance companies taken by the State of Washington Office of the Insurance Commissioner, says Mikhail Raybshteyn

Captives should avoid Washington state, says Queen
18 December 2018
Washington 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

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A soft decision with hard ramifications?

Microsoft’s decision to settle with the State of Washington Insurance Commissioner could have interesting implications for the US captive market

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Mike Kreidler
Washington State Office of the Insurance Commissioner

In September 2019, the Washington State Insurance Commissioner (OIC) Mike Kreidler made captive insurance a legislative priority for 2020.

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