A.M. Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating (ICR) of “a-” to Accredited Specialty Insurance Company (ASI), based in Arizona
The CICA president explained that although plans are in place, CICA has postponed the registration process as it continues to evaluate the ability to safely host the annual conference in March
In its annual autumn meeting, Society of Risk Management Consultants, an international organisation of professionals engaged in risk management and insurance consulting has elected several positions
The appeal challenges the US tax court’s rulings in the Reserve Mechanical captive insurance case
The IRS said taxpayers should not assume it will able to settle any transactions with the IRS or chief counsel on terms more favourable than the previously announced settlement offers
CICA has selected college student housing, classic auto sales and collision centres and State Dental Association as the case study topics for the 2020 to 2021 essay contest for college insurance and risk management students
The US Court of Appeals for the Ninth Circuit has upheld a district court’s order compelling individual arbitration and dismissing a putative class action alleging violations of the Racketeer Influenced and Corrupt Organizations Act and Arizona law
The US Senator for Colorado Cory Gardner has called for the Internal Revenue Service, to suspend its review of tax benefits claimed by micro captives until resolution of the current litigation in the US Court of Appeals for the Tenth Circuit
Ahead of this year’s Western Region Captive Insurance Conference, event chair Renea Louie talks to Rebecca Delaney on what to expect from the 2022 conference, hot topics on the agenda, and the current landscape of the captive industry in Western Region domiciles
As the IRS’ battle against micro-captives continues, industry experts discuss the latest settlement offer made by the IRS and what its next move could be
Nancy Gray of Aon discusses the expansion of Aon’s White Rock Group into the District of Columbia
Microsoft’s decision to settle with the State of Washington Insurance Commissioner could have interesting implications for the US captive market
Arizona Captive Insurance Association president Rae Brown says the state’s captive service providers are not only seeing an increase in captive formations but also inquiries to determine the use of captives as a strategic tool in risk management programmes
Regulators of Arizona, Missouri and Utah give an update on the health of the Western Region captive domiciles
Michael Low and Alan Fine preview the Western Region Captive Insurance Conference, break down what the schedule has to offer, and discuss what delegates can expect
Following the class action lawsuit brought against Arthur J Gallagher & Co and Artex in December, we talk to the attorney for the plaintiffs, David Deary
Sam Komo of the Missouri Department of Commerce and Insurance, Alan Fine of Armanino, and John Talley of TAL Consulting discuss current market conditions for the captive industry in the state of Missouri, as well as the regulatory environment and emerging risks
Known as the Grand Canyon State, Arizona has seen slow but steady growth within its captive industry
Michael Low explains why Arizona’s captive friendly, forward-thinking mindset makes it a great place to domicile a captive
After a quarter of a century in the business, one of the oldest captive jurisdictions in the US is setting its sights on the Asian market. CIT investigates
