Davies, the specialist professional services and technology business serving the insurance industry, has promoted Allison Carr to the role of chief executive officer (CEO) of Keoghs, its legal solutions business.
The Washington State government has established a framework for registering and imposing premium tax on eligible captive insurance companies.
The 831(b) or micro-captive industry has been dealt a fresh blow this week, with a US tax court ruling yet another micro-captive could not be considered insurance for Federal tax purposes.
The South Carolina Captive Insurance Association (SCCIA) has reminded its members that the South Carolina Department of Insurance (SCDOI) neither encourages nor requires captive owners or board members to visit the state for board meetings in 2021.
Alabama’s state legislature is examining a captive bill that will expand the state’s offering of alternative investment vehicles with three new categories of captives, for agency captives, reinsurance captives and special purpose finance captives.
The Oklahoma Insurance Department (OID) has named Donald Ashwood as its new captive coordinator and is looking to appoint a new captive director “in the near future”.
John Ludlow, Airmic’s chief executive, has called the UK Supreme Court’s ruling on the Financial Conduct Authority's business interruption insurance case for COVID-19 claims “one of the most important legal issues of the last decade.”
The Captive Insurance Companies Association (CICA), the Vermont Captive Insurance Association (VCIA) and the Captive Insurance Council of the District of Columbia (CICDC) have urged the US Treasury Department to maintain captives’ access to the Terrorism Risk Insurance Program (TRIP).
The Cayman Islands Monetary Authority (CIMA) has revoked the licence of CTS Captive Management for breaching the terms of the Insurance Act 2010.
Mike Causey took the oath of office for his second term as North Carolina’s Insurance Commissioner on January 9, 2021.