The law reduces minimum capital requirements for captives, including a cut from US$500,000 to US$250,000 for pure captives, and from US$1 million to US$500,000 for association captives
The 831(b) Institute has joined over two dozen organisations in asking the US Treasury and the Internal Revenue Service (IRS) to withdraw a new rule affecting micro-captive insurance companies
The Internal Revenue Service (IRS) has reached a settlement with Bruce Molnar, co-founder and majority owner of Alta Holdings, over the promotion of micro-captive insurance arrangements
The framework applies to limited purpose insurers, including captives, but excludes commercial insurers and captives consolidated into commercial groups
A legislative committee in Arkansas has approved preliminary rate proposals for a new state-owned property insurance captive set to launch this summer
Connecticut’s latest captive insurance bill, House Bill 6433 (HB 6433), has cleared the State Senate unanimously just before the close of the 2025 legislative session
The Financial Services Commission of Barbados has launched a public consultation aimed at bolstering the jurisdiction’s position as a leading global domicile for captive insurance