I have previously written about the IRS's win against so-called "microcaptive" transactions in the Reserve Mechanical case, with a detailed explanation of the U.S. Tax Court's opinion in that case in ...
BISMARCK — The insurance provider for cities and other local governments across North Dakota routinely denies claims from state residents without providing an explanation, according to an audit report ...
I previously wrote about the decision of the U.S. Tax Court in Reserve Mechanical v. Comm'r in my article Capstone's PoolRe Fails To Provide Risk Distribution In Reserve Mechanical Captive Insurance ...
CHARLESTON, S.C. (WCSC) - The state’s insurance reserve fund is paying $250,000 to the family of a man who they say died after he got a lung transplant with lungs of the wrong blood type at a ...
KIE benefits from higher interest rates and offers exposure to insurance reserve portfolios gaining as they rollover at higher rates. KIE equities are not that risky, and benefit from low PEs. While ...
COLUMBIA, S.C. (WIS) - Police pursuits have already cost the state of South Carolina millions of dollars. WIS Investigates found over the past five years the South Carolina Insurance Reserve Fund (IRF ...
CEO James Williamson outlined two significant strategic actions: "First, we are exiting global retail insurance...Second, we have established a comprehensive adverse development cover for our North ...
WASHINGTON, Sept. 29-- The U.S. Department of the Treasury's Internal Revenue Service issued the following revenue ruling (No. 2020-19): In the situations described below, is there a change in basis ...