Captive News

The State of Vermont has named Kaj Samsom commissioner of the Department of Financial Regulation (DFR). Prior to his appointment as DFR commissioner, Mr. Samsom, who brings both public and private sector experience to his new role, most recently was chief auditor at the National Life Group. Learn More

Captive manager CIC Services has filed a second lawsuit against the Internal Revenue Service (IRS) looking to invalidate an IRS rule targeting micro-captives. CIC Services says the rule is regulatory overreach by the IRS and that the new rule mirrors an earlier regulation that was struck down in court. Learn More