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 ...
Oklahoma officials exploring captive insurance for state and local risks received backing in a formal opinion from Attorney ...
Captive insurance companies are likely exempt from filing a Beneficial Ownership Information (BOI) Report under the insurance company exemption to the Corporate Transparency Act (CTA). Likewise, ...
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 ...
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 ...
Clients have posed this question countless times to our team at Commercial Insurance Associates LLC (CIA). Because insurance typically is a top-three expense on a company’s profit and loss statement, ...
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 ...
Clean Water Services, the Hillsboro-based public utility that manages wastewater and stormwater systems across much of ...
Captive insurance professionals are this week congregating in Bermuda for the Bermuda Captive Conference as buyers seek solutions in the age of technological proliferation. Artificial intelligence, ...
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 ...