CIC Services has petitioned the Supreme Court of the US to hear its lawsuit against the Internal Revenue Service regarding IRS Notice 2016-66

Former Coca-Cola captive creator Laurie Solomon has joined LineSlip Solutions, a US cloud-hosted software firm, as a strategic advisor

Bermuda saw 22 new captives were registered during 2019, according to the Bermuda Monetary Authority, up from the 19 registered the year before

In 2019, North Carolina licensed 26 new captives, and 61 new cells, however, the state did see 37 captive closures

Mike Palmer, senior consultant at Citadel Risk, has taken up an additional role as London representative for a Bermuda captive reinsurance firm, Fergus Re

Hyperion Insurance Group has hired a team of three principals including a captive specialist for Hyperion X Analytics

The Texas Captive Insurance Association revealed it licensed four new captives in 2019, taking the total number of active captives to 45

DARAG has concluded a loss portfolio transfer between DARAG Insurance Guernsey Limited and a multinational insurance company with subject reserves is in the excess of $100 million

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of PMG Assurance. The outlook of these credit ratings is stable

The AMICE has welcomed the overall success of Solvency II as a regulatory framework, and agrees with EIOPA's that this review should not result in a revolution, but in the adjustment of certain elements.

Cryptocurrency exchange and custodian Gemini Trust Company has launched Nakamoto, a captive insurance company licensed by the Bermuda Monetary Authority

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