This spring we reported that the magic number for captive insurance companies worldwide was 6,408 according to CAPTIVE REVIEW.  Industry growth was 4% with approximately 250 captives being added in 2015.  If cells are counted, the total number of risk bearing entities is approximately 10,000. This raises a few questions.

Is it possible to have a mature, leading edge business with an immature risk management strategy?  The answer is a resounding “yes.”  Many mature and successful businesses have an immature approach to risk management.  The reality is that many small and mid-market companies survive and even thrive with immature risk management strategies, but many are […]

By:  Sean G. King, JD, CPA, MAcc Dear Commissioner: Your authority and ability to regulate the business of insurance within your state is currently under direct attack by the Internal Revenue Service.  Unless states unite to defend their legal authority to regulate insurance, the IRS will become the de facto regulator for some types of […]

Wait a minute.  “Spend Your Savings and Save Your Income?”  This sounds a bit harebrained, and for some it may be. However, for many business owners, it may actually make far more sense to

Every year, millions of Americans, hundreds of thousands of business owners, states, counties and municipalities make decisions based on what Congress wants them to do. For example, every year countless business owners