Blog Posts from Captive Insurance

Ryan Gadapee VCIA Conference Moderator: Ethical Leadership

Primmer's Ryan Gadapee Invited to Moderate a Session at VCIA

Aug 02, 2022
Primmer, Piper, Eggleston & Cramer is pleased to announce that Ryan Gadapee has been invited to moderate a session at the 2022 Vermont Captive Insurance Association's Annual Conference, entitled, "Insights Into Ethical Leadership".
Ryan Gadapee VCIA Conference Speaker: Case Study

Ryan Gadapee Invited to Speak at VCIA

Jul 27, 2022
Primmer, Piper, Eggleston & Cramer is pleased to announce that Ryan Gadapee has been invited to speak at the 2022 Vermont Captive Insurance Association's Annual Conference. As part of a 3-person panel, Ryan will be part of the "Captive Owner Case Study" presentation.
Randy Wachsmann VCIA Conference Speaker

Randall Wachsmann Invited to Speak at VCIA

Jun 22, 2022
Establishing a Separate Account may be the right fit for certain captive insurance companies looking to add business that they wish to segregate from the captive’s core insurance program. Come find out more about separate accounts when Primmer attorney, Randall Wachsmann speaks as part of VCIA 2022.
The Key to Success in Captive Insurance? Look to Vermont’s Well-Honed Regulation Infrastructure

The Key to Success in Captive Insurance? Look to Vermont’s Well-Honed Regulation Infrastructure

Apr 27, 2021
Attorney and Shareholder Jesse Crary is featured in the April 2021 edition of Risk & Insurance Magazine.
Micro-Captives & New IRS Settlement Offer

Micro-Captives & New IRS Settlement Offer

Sep 19, 2019
On September 16, 2019, the Internal Revenue Service (IRS) announced IR-2019-157, a limited-time global settlement offer for certain taxpayers under audit who participated in what the IRS has deemed as abusive micro-captive insurance transactions.
Association Health Plans & Captives: New Regulations, New Opportunities

Association Health Plans & Captives: New Regulations, New Opportunities

Jul 18, 2019
Attorney and shareholder Jesse Crary is scheduled to co-host an informational session at the 2019 Vermont Captive Insurance Association Conference (VCIA) with Karin J. Landry of Spring Consulting Group, LLC.
Captive Insurers’ Court Losses May End Tax Planning Method

Captive Insurers’ Court Losses May End Tax Planning Method

May 06, 2019
Internal Revenue Service enforcement actions against in-house insurers that elect not to pay tax on premiums.
News from the Vermont State House: Captive Legislation Moves Forward

News from the Vermont State House: Captive Legislation Moves Forward

Apr 25, 2019
Blessedly far from any political posturing, legislation updating Vermont’s captive insurance laws was readily passed by both houses and just signed into law on April 18. The bill was the latest in what has become an annual “housekeeping” exercise in the Legislature to add new initiatives or simply make some technical amendments that clarify or implement the law.
Microsoft: What it means for captives

Microsoft: What it means for captives

Apr 25, 2019
By now, most in the captive insurance industry know about the Cease and Desist Order issued last year by the elected Washington Insurance Commissioner (the “Commissioner”) to Cypress, Microsoft’s Arizona-domiciled captive. The Commissioner ordered Cypress to stop transacting insurance and to pay Washington tax on its premiums, as well as interest and penalties. The dispute settled for $876,820, and Cypress issues its policies through a surplus lines broker.
Vermont's First Affiliated Reinsurance Company

Vermont's First Affiliated Reinsurance Company

Jan 18, 2019
In March 2019, Vermont State Officials announced the formation of Vermont’s First Affiliated Reinsurance Company (ARC) by MAPFRE RE, a large global reinsurance company based in Madrid, Spain. Primmer Piper Eggleston & Cramer (PPE&C) attorneys Ralphine O’Rourke and Jesse Crary are the advising counsel to MAPFRE RE.