Bancroft Life & Casualty ICC, Ltd., v. Intercontinental Mgt., Ltd., 2012 WL 19741 (3rd Cir. (Pa.), Slip Copy, Jan. 5, 2012) This case was not selected for publication in the Federal Reporter. Not for Publication in West's...

PetroChina and China National Petroleum Corporation (CNPC) signed an agreement on 4 January to establish a joint captive and have applied for approval from the China Insurance Regulatory Commission.   The registered capital of...

Bill Fitzpatrick,vice-president, insurance & risk management of DHL discusses writing premium into DHL’s captive, concerns for 2012 and an aim for more locally covered policies.

U.S. v. Rozin, ___ F.3d ____, 2012 WL 28643 (6th Cir. (Ohio), Jan. 6, 2012) United States Court of Appeals, Sixth Circuit. UNITED STATES of America, Plaintiff–Appellee, v. Leif D. ROZIN, Defendant–Appellant. No. 11–3186....

By way of background, in Part I, we looked at the background facts of the case, and learned that Human was a near-perfect set-up for a captive. The company was forced by business circumstances to form a captive, considered a...

Below is an excerpt from my book on the Humana case. As an aside, if you get a bit confused by some of the terms used, you may want to go back and read some of the earlier posts on the captive cases; see the box on the right...

Welcome back. I hope that everyone had a good holiday season. Before delving into the Humana case, note on the right side of the blog is a new box of links, titled "The Captive Cases." I've added links to each of the sections...

For Arizona, 2012 will be a landmark year for the state as a captive domicile. Arizona's first captive was licensed in 2002, and next year will mark the domicile's 10th year of success. Additionally, we have learned that Steve...

Security Life Ins. Co. v. Southwest Reinsure, Inc., 2011 WL 6382857 (D.Minn., Slip Copy, Dec. 20, 2011). United States District Court, D. Minnesota. SECURITY LIFE INSURANCE COMPANY OF AMERICA, Plaintiff, v. SOUTHWEST REINSURE,...

WASHINGTON—The Labor Department has given Microsoft Corp. tentative authorization to expand benefit risks funded through the software giant's captive.

Much has been written about the financial and tax power of forming and operating a captive insurance company that qualifies for the tax benefits of section 831(b) of the Internal Revenue Code. But all too often, promoters of...

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Much has been written about the financial and tax power of forming and operating a captive insurance company that qualifies for the tax benefits of section 831(b) of the Internal Revenue Code. But all too often, promoters of this concept forget that each captive must be first and foremost a risk management tool with legitimate risks and properly priced premiums.