The US Internal Revenue Service (IRS) has extended penalty relief for taxpayers and advisors involved in certain micro-captive insurance transactions
Helio Risk has onboarded Ken Rowe as senior captive risk consultant, who will bring over 30 years of industry experience
Bitcoin could offer captive insurers a valuable tool to preserve the value of reserves in high-inflation environments, according to Meanwhile co-founder and CEO Zac Townsend, following the firm's US$40 million Series A funding round
Willis, a WTW business, has appointed Dom Spinelli as head of transactional insurance claims for North America
Marsh has launched CyberShore Bermuda, a new excess cyber insurance facility offering streamlined service and enhanced protection for its clients
XN Captive has rebranded as Luzern Risk and secured US$12 million in Series A funding from Caffeinated Capital to support its mission of digitising captive insurance for the underserved middle market
The 831(b) Institute has called on the Internal Revenue Service (IRS) to extend the deadline for new reporting regulations under Section 831(b) of the Internal Revenue Code
AM Best has revised its under review status for NASW Insurance Company (NASWIC), a captive insurer wholly owned by the National Association of Social Workers (NASW), shifting the outlook from developing to ‘negative’