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Maple Capital strengthens portfolio management team
Maple Capital Management, which provides investment management services to captives and other insurers and institutions, has strengthened its portfolio management team.
eMaxx adds former Insurance Commissioner of Ohio to its board
eMaxx, an InsurTech commercial managing general agent specialising in alternative risk, has named Mary Taylor to its board of directors.
R&Q moves to enhance legacy and programme management offering with hire
Randall & Quilter Investment Holdings has named Robert Thomas as group head of data strategy and technology as it seeks to enhance its programme management and legacy insurance offerings.
TDCI insists insurers treat mental and physical health equally
The Tennessee Department of Commerce (TDCI) has partnered with the Tennessee Department of Mental Health & Substance Abuse Services (TDMHSAS) to remind insurers to treat mental health benefits in the same way they treat physical health coverage.
Vermont pays tribute to Len Crouse, its first deputy commissioner of captive insurance
The State of Vermont has honoured the legacy of Leonard “Len” Crouse after his passing on May 6, 2021.
North Carolina gears up for in-person captives conference in August
The North Carolina Department of Insurance (NCDOI) has confirmed it will go ahead with an in-person annual conference in 2021.
Randall & Quilter acquires its second Irish captive in two years
Randall & Quilter II Holdings, the wholly owned UK subsidiary of Randall & Quilter Investment Holdings, has completed its acquisition of Electric Insurance Ireland (EII), the wholly-owned captive insurer of Electric Insurance Company (EIC).
IRS interpretation of Anti-Injunction Act “tyrannically unconstitutional”: CIC Services
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.
US Supreme Court decision sets up showdown over legality of Notice 2016-66
The US Supreme Court has ruled in favour of CIC Services in its ongoing dispute with the Internal Revenue Service regarding micro captives and the legality of Notice 2016-66, setting the stage for a showdown that could potentially see the IRS Notice enjoined.
