Bermuda-based insurers and reinsurers are making moves to hold their own after the U.S. effectively smacked down a big tax advantage they used to have.
Source: https://www.bna.com/bermuda-insurers-reinsurers-n57982092593/
Bermuda-based insurers and reinsurers are making moves to hold their own after the U.S. effectively smacked down a big tax advantage they used to have.
Source: https://www.bna.com/bermuda-insurers-reinsurers-n57982092593/
Visit https://vscdealerobligor.com for more state statutes for vehicle service contracts.
This is Subject to Change – No guarantees are provided. You should always verify the current requirements by visiting the State web site, contacting the State or through an appropriate legal advisor.
If you are a P&C Agent or Broker trying to help a client obtain the correct type of insurance policy for state level compliance or lender requirements for a Service Contract Provider please feel free to contact Mike Frosch, President of Personal Safeguards Group, LLC.
Service Contract Reimbursement Insurance (SCRIP)
Contractual Liability Insurance Policy (CLIP)
Contractual Liability Reimbursement Policy (CLRP)