The Captive Insurance Companies Association has settled its event cancellation insurance claim with Tokio Marine HCC for the CICA 2020 conference, which was cancelled due to COVID-19
Nearly two dozen national and state organisations in the US have filed a joint amicus brief before the US Supreme Court in the case of CIC Services LLC v. Internal Revenue Services
The Internal Revenue Service has petitioned the US District Court for the District of Delaware against the Delaware Department of Insurance to enforce a summons for documents related to its micro captive investigation
SIIA has written a letter in response to Executive Order 13924, asking for the treasury and office of management and budget to direct the IRS to more appropriately define captive guidance while more efficiently and cost-effectively collecting the app
The IRS “made no friends” in the industry or congress by sending letters taxpayers seeking information about their participation in micro-captive insurance transactions after the US declared a national emergency, according to Sean King of CIC Service
The Arizona Captive Insurance Association has issued a letter to Arizona’s congressional delegation in response to the Internal Revenue Service’s letter sent to micro-captive insurance company owners
Randall & Quilter has entered into a loss portfolio transfer reinsurance contract and transfer agreement with Repwest Insurance Company
Feldman Law Firm and Foley Gardere have filed the opening brief with the tenth circuit court of appeals on behalf of Reserve Mechanical Corp, a client of Capstone
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
