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Home » Store » Taxable » HUD, NAIC in Talks about Captive Structures

HUD, NAIC in Talks about Captive Structures

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State insurance regulators are planning to meet with the Department of Housing and Urban Development’s anti-kickback task force to discuss growing state concerns over captive reinsurance and other affiliated business arrangements. The National Association of Insurance Commissioners said that while it has not conducted its own inquiry yet, recent administrative actions taken by the Colorado Department of Insurance against nine title insurance companies have drawn attention to the possible use of captive structures to mask…
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