The IRS has proposed regulations that, if passed, could severely limit access to captive insurance programmes for small- and medium-sized businesses in the US
He will take office at the annual commissioner’s luncheon at the association’s conference in Asheville on 9 May
The Department of the Treasury should expand the size and scope of the Terrorism Risk Insurance Program to cover SMEs vulnerable to the same significant losses from terrorism-related risks, according to the Self-Insurance Institute of America
Nine captive insurance domicile associations and the Self-Insurance Institute of America have filed an amicus brief in support of state insurance regulation in the ongoing case, United States of America v. Delaware Department of Insurance
Former Active Captive Management chief compliance officer Dana Sheridan has launched CIRA Solutions, a new consultancy firm based in Los Angeles
The US Supreme Court ruling in the CIC Services case against the IRS has been described by Ryan Work, vice president, government relations at SIIA, as “an important victory” for the captive insurance industry
The IRS has established a new office that will coordinate efforts across multiple business divisions to address abusive syndicated conservation easements and ‘abusive micro captive insurance arrangements’, according to IRS commissioner Chuck Rettig
SIIA says that while the IRS continues activities related to captive insurance, it must also move towards recognising what an appropriate structure is, and issue appropriate guidelines to that purpose
Industry experts discuss 2023’s captive market performance, trends and developments and share predictions for the coming year
Industry experts discuss the increase in business interruption coverage after the COVID-19 pandemic caused large disruption for many firms worldwide
Ryan Work of SIIA discusses the IRS’ ‘ill-timed’ letter to captive insurance companies and the future of business risk as many US states started to institute stay at home orders
As the IRS’ battle against micro-captives continues, industry experts discuss the latest settlement offer made by the IRS and what its next move could be
Arizona Captive Insurance Association president Rae Brown says the state’s captive service providers are not only seeing an increase in captive formations but also inquiries to determine the use of captives as a strategic tool in risk management programmes
Sean King of CIC Services discusses the firm’s upcoming case against the IRS in the Supreme Court, what a win would mean for the industry, and the support they are receiving from the captive insurance industry throughout this legal process
The IRS has increased its scrutiny of captives, but those that follow the rules have nothing to worry about, as John Dies of alliantgroup tells Becky Butcher
CIT talks to Mike Ferguson of the Self-Insurance Institute of America to see what the trade association is up to, and how its initiatives are progressing
