The role of captive insurance companies has undergone a remarkable metamorphosis in the ever-evolving landscape of modern business. Captive insurance has transcended traditional risk mitigation to ...

The IRS continues its war on captive insurance through its annual announcement that microcaptive insurance companies remain on the Dirty Dozen list. Yet, the IRS declines to adhere to a coherent ...

Captive insurance can have perfectly legal tax and financial benefits, but some companies go too far Reviewed by Lea D. Uradu Fact checked by Vikki Velasquez All businesses need to protect themselves ...

In an environment where insurance premiums have climbed steadily for the past few quarters, businesses are confronting a fundamental question: how long can they afford to play by the old rules?

The nation’s capital has become a leader in the “captive insurance” industry, giving companies more control over their insurance programs and helping them save money. It was in 2001 that the District ...

On July 16, 2024, the Connecticut Department of Insurance (the “Department”) issued a press release announcing that Governor Ned Lamont has signed Public Act No. 24-138, “An Act Concerning Insurance ...

As the founder of Financial Management Services of America LLC, with offices in Louisiana, Florida, Iowa and Texas, I know how difficult it is for small businesses to find affordable, flexible ...

The captive insurance industry is set to have a $250 billion global market value by 2028, according to an article in Risk Management. The piece, written by Barry Weissman, a shareholder in law firm ...

December 12, 2022 Update: Woodruff Sawyer’s client Meta (which owns properties like Facebook and Instagram), is the first Delaware-incorporated company to put Side A in a captive. To ensure complete ...