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 ...
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Is Captive Insurance a Legitimate Tax Shelter?
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?
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 ...
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 ...
Iowa is expected to enact legislation in the coming weeks that will open the state up for lucrative captive insurance business. Gov. Kim Reynolds is expected to sign the bill into law, making Iowa the ...
The commercial insurance landscape presents significant challenges for mid-market businesses, with many facing unpredictable premium increases, coverage restrictions, and a frustrating lack of control ...
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 ...
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