In its simplest form, captive insurance is insurance that is provided within a corporate group, through a subsidiary that is controlled by a parent company. Instead of purchasing insurance from an ...
Arkansas Gov. Sarah Huckabee Sanders tours tornado-damaged Wynne High School on April 2, 2023. (Randall Lee/Arkansas Governor's Office) A legislative committee on Monday granted preliminary permission ...
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 is cracking down on the use of so-called micro-captive insurance—a way for companies to insure themselves—as tax shelters, as it bolsters enforcement efforts aimed at wealthy individuals and ...
Regulators have seen new innovative captive insurance structures being developed, including ones to combat losses impacting vulnerable communities or jurisdictions. The just-published Bermuda Monetary ...
While the solar eclipse captivated many last month, the United States Tax Court, in Avrahami v. Commissioner, shed judicial light on the tax treatment of what is known as a “microcaptive” insurance ...
Offering large group purchasing power, lower pricing volatility and more detailed insight into claims data, captive insurance solutions appeal to employers fed up with the lack of control and ...
Forbes contributors publish independent expert analyses and insights. I cover Wealth Preservation in its legal permutations The Kadau case involved an engineering company that paid premiums to its ...
As you manage QSRs across multiple locations, you’re likely feeling the pressure. Traditional property insurance models are becoming increasingly inadequate for businesses like yours. Rates are ...
A legislative committee on Monday granted preliminary permission for officials to move forward with proposed rates for Arkansas' new state property insurance program, the result of nearly two years of ...