Anguilla Finance (AF) has ceased to function as Anguilla’s financial services marketing arm as of the end May 2021.
Tennessee has approved updates to its captive insurance statute that it believes provide a strong incentive to captives to domicile in the state, as it seeks to keep up the momentum that saw strong growth in the captive sector in 2020.
The London Market Group (LMG) has called for policymakers to promote London as a centre for captive insurance companies, as part of a five point plan to develop the UK’s re/insurance industry.
The Connecticut House of Representatives has approved a bill to expand protections for homeowners struggling with crumbling concrete foundations due to contamination from pyrrhotite.
Latham & Watkins (L&W) has hired a new partner in its litigation and trial department and a member of its complex commercial litigation practice, in the Los Angeles office.
The European Insurance and Occupational Pensions Authority (EIOPA) has named a new chair.
The Monetary Authority of Singapore has launched a consultation on proposed revisions to the guidelines on corporate governance for re/insurers, captives and other financial institutions incorporated in Singapore.
Tennessee Governor Bill Lee has signed the Insurance Data Security Law that will give buyers of insurance in the state new protections for their personal, medical and financial information.
Vermont’s Governor Phil Scott has signed new legislation into law designed to strengthen the state’s captive insurance regulation regime.
Sean King, the general counsel at CIC Services, has praised the US Supreme Court’s decision to allow a challenge to the Internal Revenue Service’s (IRS) Notice 2016-66, arguing the Anti-Injunction Act would be “tyrannically unconstitutional” if it gave the IRS carte blanche to enforce illegal regulations.