The Internal Revenue Service (IRS) has decided that it benefits from blurring the lines between good and bad rather than clarifying them, according to Sean King of CIC Services in reaction to the new IRS settlement scheme for micro captives.
S&P Global reports on how Knox Re, a captive program that allows insureds to keep premiums they do not use to cover claims, is intended for all classes of business.
It seems the only thing more certain than death and taxes is the steady increase of health insurance costs. Can stampeding health insurance costs be contained? Continue Reading