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Tennessee proposes captive bill updates
01 February 2017
Nashville Reporter Becky Butcher

Tennessee has started the process to update its captive legislation with a new bill introduced on 31 January...

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SIIA: Notice 2016-66 is 'premature'
31 January 2017
Washington DC Reporter Becky Butcher

The Self-Insurance Institute of America (SIIA) has “respectfully requested” in a letter to the Internal Revenue Service (IRS) that it suspends Notice 2016-66, because it is “premature”...

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IRS is attempting to ‘poison the carrot’
24 Janaury 2017
Washington DC Reporter Becky Butcher

The Internal Revenue Service’s (IRS) controversial Notice 2016-66 is an “attempt to poison the carrot” of Section 831(b), according to Sean King, principal of CIC Services...

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CRS update has ramifications for Cayman captives
23 January 2017
Grand Cayman Reporter Becky Butcher

Captive insurance professionals need to be aware of certain points arising from the updated Common Reporting Standard Regulations, according to Lucy Frew, partner of Walkers Global...

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Texas to introduce a reinsurance structure
20 January 2017
Houston Reporter Becky Butcher

Texas has put forward a new captive bill, HB 1187, proposing the introduction of non-affiliated reinsurance, reciprocal captive structures in the state...

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Vermont proposes fresh changes to captive bill
19 January 2017
Burlington Reporter Becky Butcher

Vermont’s annual update of its captive legislation is underway, with a new bill introduced to the legislature this week...

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States ‘disappointed’ with EU-US insurance deal
17 January 2017
Washington DC Reporter Becky Butcher

National Association of Insurance Commissioners (NAIC) president Ted Nickel has described the covered agreement between the US and EU as “disappointing”...

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