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 quickly rallied to fight back and try to head off the potentially devastating move.
As reported by Caroline McDonald, the IRS ambushed captive players, publishing its controversial proposal in the Sept. 28 Federal Register with no advance warning.
What might the change mean for captives? What difference does it make if captives are considered just another self-insured, rather than a separate risk-transfer entity?
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
