Tenn. Insurance Department, IRS Stipulate To Dismissal In Microcaptive Tax Case

( August 27, 2026, 2:36 PM EDT) -- NASHVILLE, Tenn. — The United States and Tennessee’s Department of Commerce and Insurance (TDCI) stipulated to the dismissal with prejudice of a case through which the Internal Revenue Service sought enforcement of summonses it issued requesting the procurement of tax documents from the Tennessee agency as part of a continuing investigation into microcaptive insurance companies and potential tax evasion....