Featured News

TxCIA Conference 2015

Captive Cost Considerations Enumerated at TxCIA Conference

The costs of the services and fees necessary to support captive insurance programs are defined and discussed in this report from the Texas Captive Insurance Association 2015 Annual Conference.
February 26, 2015 Read More
Washington DC Skyline

Consider Future Financial Exam Costs When Choosing a Captive Domicile

Financial exam fees passed through to captive insurers vary from domicile to domicile; consider them in feasibility studies.
February 05, 2015 Read More
World Captive Forum 2015 Banner

Captive Insurers Can Facilitate ERM Programs

World Captive Forum 2015 speakers explain how a captive insurance company can be used to support an enterprise risk management (ERM) program.
February 04, 2015 Read More

Hot Topics

Tax Court Decision

Healthmark Case Changes Brother-Sister Captive Tax Treatment

Captive insurance involving single-member limited liability companies may now qualify as insurance for tax purposes due to a recent decision in the Healthmark case.
April 06, 2015 Read More
IRS Building

IRS Dirty Dozen Abusive Tax Structures Single Out Micro-Captives

In IR-2015-19, the IRS explained that 831(b) micro-captives may be considered abusive tax structures and outlined determining criteria.
February 06, 2015 Read More
WCF Medical Stop Loss Panel

Medical Stop Loss in Captives

Placing medical stop loss coverage in a captive insurance company can provide substantial savings to employers.
February 06, 2015 Read More

Reinsurance Markets, Captives, and Generative Thinking

Over the last month Captive Wire and Captive.com have highlighted a series of headlines suggesting that the fundamentals underlying the global reinsurance market are changing. John Foehl, coeditor of Captive.com and Captive Wire, suggests generative thinking is one means of considering what these changes mean for captives.
September 25, 2014 Read More

Recent News

Risk Considerations for Captive Financing of Group Life and Disability

Disability Insurance 
“Group life and long term disability (LTD) insurance are among the most common U.S. employee benefit programs funded through captives,” according to a recent Milliman publication. Many of the risks associated with these types of benefit programs are different from captive property and liability coverages.
April 24, 2015 Read More

Legislation Increasing 831(b) Premium Limitation Introduced

US Senate 
Legislation has been introduced in both the US House of Representatives and the US Senate to increase the premium limitation on small insurers for federal tax considerations. Representative Erik Paulsen, Minnesota (R), and Representative Ron Kind, Wisconsin (D), are cosponsoring H.R. 1788, and Senator Orrin Hatch, Utah (R), is sponsoring S.B. 905.
April 23, 2015 Read More

District of Columbia Revises Captive Insurance Company Act

Document Signing 
The District of Columbia’s Captive Insurance Company Amendment Act of 2014 became effective March 10, 2015, following the end of the 30-day congressional review period.
April 22, 2015 Read More

Ian Kilpatrick Receives Highest Captive Industry Award

CICA Opening Session 2 
Ian Kilpatrick, founder of Advantage International Management, has received the Captive Insurance Companies Association (CICA) Distinguished Service Award.
April 21, 2015 Read More

Proposed Revisions to NAIC Accreditation Preamble To Be Released Soon

conference call captive 
The National Association of Insurance Commissioners (NAIC) Financial Regulation Standards and Accreditation (F) Committee has scheduled a conference call for 4-5 p.m. CDT Tuesday, May 26, 2015, to discuss the proposed revisions to the accreditation preamble that will include certain types of captive insurers in the scope of the NAIC Accreditation Program.
April 21, 2015 Read More

Attend Canada’s Annual Captive Summit May 27 and 28

Canada Flag 
A content-rich program with an impressive array of topics and speakers is planned for the 11th Annual Canadian Captives & Corporate Insurance Strategies Summit scheduled for May 27-28 at the Sheraton Centre Toronto.
April 20, 2015 Read More

New York Times Article Continues Attack on Life Insurance Captives

New York Statue of Liberty 
An April 11, 2015, New York Times article, “Risky Moves in the Game of Life Insurance,” continued the attack on what some, including the New York Insurance Department, have labeled shadow insurance.
April 17, 2015 Read More

Montana Revises Captive Statutes

Montana Flag 
Montana Governor Steve Bullock has signed two captive-related legislative bills, one of which will now allow public-sector entities to establish captive insurance companies in the state.
April 16, 2015 Read More

Workers Compensation Reform Challenges To Consider

Injured Workers 
If your captive is insuring workers compensation through a fronting insurer in multiple states, you could benefit from an up-to-date overview of the numerous workers compensation reform challenges that are taking place. Articles are cited that will help get you up to speed.
April 15, 2015 Read More