Several months ago, I mentioned HR 1056/SB 929, which is the federal Non-Admitted and Reinsurance Reform Act of 2007 (NRRA) that is intended to "streamline the regulation of non-admitted insurance
The Coalition Against Insurance Fraud has recently released their list of the year's most unforgettable fraud cases. The organization compiles the list after evaluating the most outrageous and now
The Internal Revenue Service has released a private letter ruling stating that any grants issued by the state's My Safe Florida Home program would not be considered as income when calculating a
Groups representing captive insurers made a concerted appeal to the Internal Revenue Service asking it to withdraw a proposal that would change the way captives deduct losses, saying that the ruling i
With the amount of money generated by the insurance industry and the fact that its obligations are subject to legal interpretationoften during high-profile court battlesthere ...
The captive insurance community was taken off guard by a proposed federal tax regulation that would put captives in the same boat as pure self-insureds, but the alternative risk-transfer sector
The South Carolina Department of Insurance announced it has joined the Coalition for Fairness to Captive Insurers (CFCI) to help stop a proposed regulation by the Internal Revenue Service it says coul
Ms. Sink, who heads the Department of Financial Services, made the announcement after receiving a Letter Ruling from the Internal Revenue Service (IRS) stating that MSFH grants will be excluded from "