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348 results found

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Marsh | Global | 28 Nov 2023

Captive insurance creates options for property market challenges

The current global property insurance market — one of the most challenging in decades — presents an opportunity for companies to explore captive…
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Loeb Smith Attorneys | Cayman Islands | 21 Aug 2023

Captive Insurance in the Cayman Islands

A Captive insurance company is a wholly-owned subsidiary insurer that provides risk mitigation services for its parent company or related entities…
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Meadows Collier Reed Cousins Crouch & Ungerman LLP | USA | 9 Jun 2023

California Introduces Settlement Proposal for Micro-Captive Insurance Transactions and Syndicated Conservation Easement Transactions. What's the IRS' Plan?

On May 31, 2023, the California Franchise Tax Board (FTB) issued Notice 2023-02 providing a limited time settlement opportunity to taxpayers who…
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Marsh | United Kingdom | 13 Jan 2023

Risk in Context Podcast: Captive insurance can support companies’ ESG goals

Many organizations around the world are taking action to improve their environmental, social, and governance (ESG) Posture. And more businesses are…
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Cassels Brock & Blackwell LLP | Canada | 6 Jun 2022

O Captive! My Captive! Alberta’s Captive Insurance Company Legislation is Effective July 1, 2022 - Do You Know the Opportunities?

On June 1, 2022, Alberta Treasury Board and Finance released the much-anticipated regulations to the Captive Insurance Companies Act. Both the Act…
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Higgs & Johnson Counsel & Attorneys at Law | Bahamas, Global | 9 Dec 2019

A Thought on Captives

Captive insurance is often, and rather myopically, perceived of as the preserve of multinational conglomerates whose risks may be too complex or too…
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Morrison & Foerster LLP | USA | 4 Jun 2019

Third department upholds decision denying deductibility of payments made to Captive Insurance company

In Matter of Stewart's Shops Corp., No. 525841, 2019 NY Slip Op. 04062, (3d Dep't, May. 23, 2019), the Appellate Division, Third Department, affirmed…
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FordHarrison LLP | USA | 11 Dec 2018

Home Care Agencies Sued for Illegal Use of Captive Insurance Company

Class action attorneys recently filed a first-of-its-kind class action against Edison Home Health Care (“Edison”) and Preferred…
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McDermott Will & Emery | USA | 21 Nov 2018

Illinois Moves One Step Closer to Enacting Captive Reform

On November 14, the second day of its 2018 veto session, the Illinois Senate voted unanimously to override Governor Rauner’s amendatory veto of Senate…
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Clyde & Co LLP | United Kingdom | 4 Jul 2018

Update on policy proposals regarding Third-party Cell Captive Insurance and Similar Arrangements

On 3 July 2018, the Financial Sector Conduct Authority and the Prudential Authority published a joint communication which provides an update on the…
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