The Alabama House of Representatives has unanimously passed a bill supported by the Alabama Captive Association to update and modernise the state’s captive legislation...
The Vermont General Assembly is going through the final stages of passing the state’s latest captive bill, according to the VCIA...
A convenience store and gas station operator’s payments to its captive insurance company did not meet rules on deductible insurance premiums, a New York tax court has ruled...
The Oklahoma Insurance Department has asked the state legislature to stop providing it with appropriated funds...
The UK is planning an increase in the standard rate of insurance premium tax (IPT) that will hit all insurers who provide non-exempt insurance cover for UK risk...
The UK has opened a consultation on a new regulatory framework for insurance-linked securities business...
The EU’s anti-base erosion and profit shifting proposals could have consequences for captives in Europe, as politicians pinpoint reinsurance arrangements as a means of unfair tax avoidance...