Discover how captive insurance companies help parent firms manage unique risks, offer tax advantages, and control costs. Learn their benefits and challenges.

The IRS continues its war on captive insurance through its annual announcement that microcaptive insurance companies remain on the Dirty Dozen list. Yet, the IRS declines to adhere to a coherent ...

A captive agent is an insurance agent who only works for one insurance company and is paid by that one company, either by ...

Certain micro-captive transactions are back to being reportable. On January 14, 2025, the Treasury Department and the Internal Revenue Service (“IRS”) published final regulations (the “Regulations”) ...

We last visited Treasury's proposed regulations for captive insurance companies in my article U.S. Treasury Department Issues Proposed Regulations To Finally Eviscerate Microcaptive Tax Shelters ...

For very sound reasons, your business carries various types of insurance coverage to protect it from liabilities and reduce risks. But some insurance policies — such as cyber risk, environmental and ...

Captive insurance can have perfectly legal tax and financial benefits, but some companies go too far Reviewed by Lea D. Uradu Fact checked by Vikki Velasquez All businesses need to protect themselves ...

Tax Court upholds 40% IRS penalties in Kadau II microcaptive case, citing lack of economic substance, circular funds, and ...

Every year, the members of the Vermont Captive Insurance Association’s legislative committee and the Vermont Department of Financial Regulation (the “DFR”) work to improve Vermont’s captive insurance ...