CIC Services seeks injunction against IRS Notice enforcement
Captive manager CIC Services has again asked a Tennessee court for injunctive relief to prohibit the Internal Revenue Service (IRS) from enforcing CIC’s compliance with Notice 2016-66.
Builders Direct partners with insurtech MGA
Builders Direct Insurance, the direct insurance business of Builders Group Insurance Solutions (BGIS), has united with specialist insurtech managing general agent Happy Fly.
Barclays appoints international corporate banking head in Guernsey
Ian Cranidge has been named as head of international corporate banking in Guernsey, where he will be responsible for managing the company’s captive insurance and corporate client relationships.
NCDOI invites conference attendees to meet with team
The North Carolina Department of Insurance (NCDOI) has invited attendees to meet with its representatives throughout the 2021 NC Captive Insurance Association Conference.
Aon unveils new exec lineup following termination of Willis merger
Aon has announced a new executive committee, just days after the company revealed that its $30 billion merger with Willis Towers Watson had been scrapped.
Berkshire Hathaway hires casualty lead in UK
Berkshire Hathaway Specialty Insurance (BHSI) has appointed Caroline Alder-Smurthwaite as head of general casualty in the UK.
SRS strengthens Guernsey team
Strategic Risk Solutions (SRS) has boosted its Guernsey office with hires from Willis Towers Watson and actuarial and consultancy firm BWCI.
Lloyd’s and Starbucks experts to speak at VCIA conference
World class captive industry professionals, including executives from Lloyd’s and Starbucks, are lined up to speak at Vermont Captive Insurance Association’s (VCIA) annual conference in August.
Aon and Willis Towers Watson scrap $30bn merger
Aon and Willis Towers Watson have called off their $30 billion merger deal, citing an impasse with the US Department of Justice (DoJ) as the reason behind the decision to terminate the agreement.
IRS petition should be granted in DDOI summons, says judge
An Internal Revenue Service’s summons sent to the Delaware Department of Insurance seeking information related to a micro-captive investigation should be granted, according to a magistrate judge.
