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Captivating Thinking
Knowledge is power. That’s why we’re always looking to educate business owners on the best practice when it comes to Captive Management. But we also want to give you the resources you need to guide you through the risk management process. In the CIC Services Knowledge Center, you can:
- Read about CIC in the news
- Learn about industry standards
- Stay up-to-date on upcoming events
Explore these resources and equip yourself for the future!
2017 Storm Losses Might Surpass $100 Billion – Will Insurance Rates Rise?
Business Insurance recently reported that total insured losses for recent storms and earthquakes will likely surpass $100 Billion and could be as high as $165 Billion. The good news is that insurers and re-insurers “can absorb storm and quake losses.” However, third quarter losses will put a significant dent in capital reserves, leading
Equifax – Proof That Sometimes A Business Can’t Buy Enough Insurance
Bloomberg recently reported that Equifax Inc.’s insurance against cyber breaches is likely insufficient to cover the credit-reporting company’s costs tied to one of the biggest hacks in history. This hack is particularly ironic as Equifax – the guardian of information used to cast financial judgment on consumers – has itself been unable to guard that […]
The Empire Strikes Back (Part 3) – The Avrahami Captive Court Case
By Sean King, JD, CPA, MAcc This is the third and final part of our series on the United States Tax Court’s recent Avrahami decision. Introduction Recently the United States Tax court issued the long-awaited opinion in the Avrahami captive insurance case. And after more than 30 years of losing most every captive insurance […]
The Empire Strikes Back (Part 2)
By Sean King, JD, CPA, MAcc Principal, CIC Services, LLC This is Part 2 of a series on the United States Tax Court’s recent Avrahami decision. Introduction Recently the United States Tax court issued the long-awaited opinion in the Avrahami captive insurance case. And after more than 30 years of losing most every captive […]
The Empire Strikes Back
This is Part 1 of a series on the recent Avrahami decision. By Sean King, JD, CPA, MAcc Introduction Last week the United States Tax court issued the long-awaited opinion in the Avrahami captive insurance case. And after more than 30 years of losing most every captive insurance case of consequence, the IRS finally got […]
Captivating Thinking
Knowledge is power. That’s why we’re always looking to educate business owners on the best practice when it comes to Captive Management. But we also want to give you the resources you need to guide you through the risk management process. In the CIC Services Knowledge Center, you can:
- Read about CIC in the news
- Learn about industry standards
- Stay up-to-date on upcoming events
Explore these resources and equip yourself for the future!
2017 Storm Losses Might Surpass $100 Billion – Will Insurance Rates Rise?
Business Insurance recently reported that total insured losses for recent storms and earthquakes will likely surpass $100 Billion and could be as high as $165 Billion. The good news is that insurers and re-insurers “can absorb storm and quake losses.” However, third quarter losses will put a significant dent in capital reserves, leading
Equifax – Proof That Sometimes A Business Can’t Buy Enough Insurance
Bloomberg recently reported that Equifax Inc.’s insurance against cyber breaches is likely insufficient to cover the credit-reporting company’s costs tied to one of the biggest hacks in history. This hack is particularly ironic as Equifax – the guardian of information used to cast financial judgment on consumers – has itself been unable to guard that […]
The Empire Strikes Back (Part 3) – The Avrahami Captive Court Case
By Sean King, JD, CPA, MAcc This is the third and final part of our series on the United States Tax Court’s recent Avrahami decision. Introduction Recently the United States Tax court issued the long-awaited opinion in the Avrahami captive insurance case. And after more than 30 years of losing most every captive insurance […]
The Empire Strikes Back (Part 2)
By Sean King, JD, CPA, MAcc Principal, CIC Services, LLC This is Part 2 of a series on the United States Tax Court’s recent Avrahami decision. Introduction Recently the United States Tax court issued the long-awaited opinion in the Avrahami captive insurance case. And after more than 30 years of losing most every captive […]
The Empire Strikes Back
This is Part 1 of a series on the recent Avrahami decision. By Sean King, JD, CPA, MAcc Introduction Last week the United States Tax court issued the long-awaited opinion in the Avrahami captive insurance case. And after more than 30 years of losing most every captive insurance case of consequence, the IRS finally got […]
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