Captive insurance industry representatives fighting an IRS proposal that would add to their tax burden said they met yesterday with Department of Treasury officials who seemed "genuinely interested" in hearing from them.

The captive group believes the regulatory change the IRS has proposed would undermine their industry.

Richard D. (Dick) Goff, president-elect, Self-Insurance Institute of America Inc., and Cliff Roberti, director of government relations for SIIA, commented after meeting with eight ranking officials from the U.S. Department of Treasury and the Internal Revenue Service in Washington, D.C.

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