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 ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Janet Berry-Johnson is a CPA with 10 years of experience in public accounting and writes ...
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 ...
Considers Standard Insurances v. IRS where a taxpayer sought declaratory and injunctive relief in the U.S. District Court ...
Captive insurance companies are used to insure against a broad number of business risks, largely for commercial enterprises with certain types of large and complex risks. These insurers are owned by ...
I have previously written about the IRS's win against so-called "microcaptive" transactions in the Reserve Mechanical case, with a detailed explanation of the U.S. Tax Court's opinion in that case in ...
In these uncertain times, captive insurance is increasingly being utilized by business owners to protect the business, to decrease taxes and to build wealth. In a nutshell, captive insurance is a ...
Vermont attracted half the new captive insurance companies in 2008 as it did the previous year, an indication of the deteriorating state of the economy. The state licensed 16 new captive insurance ...
The state Board of Finance on Thursday authorized the submission of an application to the state Insurance Department to establish a captive insurance company to provide property insurance for the ...