Browsing: captive insurance

Coalition seeks repeal of IRS rule on microcaptive arrangements, citing undue regulatory burdens on small businesses

Louisiana introduces sweeping captive insurance reform through the CHOICES Law, creating a more competitive and business-friendly environment for captive insurance companies.

Captive insurance is evolving beyond traditional property and casualty risks, expanding into areas such as cyber liability, employee benefits, and directors and officers (D&O) liability, becoming a central part of global risk management strategies.

The state Board of Finance has authorized an application to create a captive insurance company to provide property insurance for public schools, higher education institutions, and state agencies.

Astra Captive Management (Cook Islands) Ltd has received formal authorisation from the Cook Islands Financial Services Commission to operate as a licensed captive insurance manager, enhancing its ability to support brokers and corporate clients in the Asia-Pacific region.

Piedmont Water Co. claims IRS wrongly denied $507,000 in tax deductions for insurance premiums paid to Fortis Captive Insurance Co.

Industry experts discussed the transformative impact of artificial intelligence (AI) on the insurance sector and its implications for captive insurance at the annual CICA conference.

Industry experts discuss the captive insurance market’s expansion due to the challenging conditions in the traditional insurance sector.

Marsh Captive Solutions has promoted Julie Patel to lead its captive consulting operations in the Americas, succeeding Michael Serricchio.

CIC Services is calling on Congress to overturn a recently finalized IRS rule that could impact the ability of small and mid-sized businesses to manage risk through captive insurance.