Category Archives: Captive Insurance

A majority of multinational corporations own one or more captive insurance companies. A captive insurance company is a controlled subsidiary that funds risks of the corporate group, e.g., workers compensation, third party liabilities, employee benefits, property, product recall, extended warranty … Continue reading →

MIAMI-Captive insurance is an important tool for companies seeking business resilience, perhaps the most important attribute for success in today’s environment, Joseph J. Plumeri, chairman and CEO of Willis Group Holdings P.L.C., said last week.Giving Tuesday’s keynote presentation at the … Continue reading →

Brett J. Barratt, who has been state insurance commissioner for slightly over one year, has quit effective Aug. 12. Barratt has worked in the agency since 2005 and cited personal reasons for his leaving to move out of Nevada. He … Continue reading →

The bipartisan deficit reduction plan gaining momentum in the Senate likely would require lawmakers to curtail or end the preferential tax treatment of capital gains and dividends. The proposal from the so-called Gang of Six doesn’t mention capital gains and … Continue reading →

Nevada Gov. Brian Sandoval has signed Assembly Bill 74 (AB 74), a move that will strengthen the state’s commitment to the captive insurance industry, according to state Insurance Commissioner Brett Barratt. The bill was submitted by the Nevada Division of … Continue reading →

Developing a comprehensive team of advisors for your captive insurance company is a critical component of your company’s success. Ensuring that your advisors understand your business, your goals, and the specific requirements of insurance regulators is a necessity. Casey, Neilon … Continue reading →