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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!
Captives Can Help Businesses More Effectively Weather Losses Due To Natural Catastrophe
This week, Captive Review reported that China and Canada have both experienced billion dollar losses in 2013 as a result of natural catastrophes. Such catastrophes can be devastating to businesses, and losses almost always extend well beyond property damage. The article also noted that this has been a “light” tornado season in the U.S. However, […]
Apple’s Tax Avoidance And Perspective on the 831(b) Election
Occasionally, I am asked if I think the 831(b) tax election for captive insurance companies will be eliminated. While I don’t have a crystal ball, I really see very little reason for Congress to change the law regarding small insurance companies. And, the recent news flurry surrounding Apple’s tax avoidance strategies caused me to ponder […]
This Is Not Your Father’s Captive Insurance Industry
Tennessee Announces Its 20th Captive Insurance Company The great State of Tennessee recently announced that it has licensed its 20th captive insurance company (CIC. This is solid progress toward the goal established by Governor Bill Haslam of licensing 30 CICs in Tennessee 2013. Governor Haslam is widely considered to be “pro-business” and he has […]
Captive Insurance Case Study – Wealth Accumulation
If State Farm Were a Business Owner, It Would Enjoy a Bounteous Retirement. Pause for a moment and imagine that State Farm Insurance Company is an individual business owner. If State Farm had terminated all of its insurance policies on December 31, 2012, what sort of retirement would he or she enjoy? State Farm, All […]
GMAC’s Captive Insurance Company Rewards Agencies and Sales Producers
CIC Services, LLC recently attended the Captive Insurance Companies Association (CICA) Conference in Palm Springs, California as part of our on-going efforts to stay abreast of shifting trends, strategies and regulations in the captive insurance industry. The conference was thematically focused on the future of the captive insurance industry. We attended multiple presentations and workshops […]
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!
Captives Can Help Businesses More Effectively Weather Losses Due To Natural Catastrophe
This week, Captive Review reported that China and Canada have both experienced billion dollar losses in 2013 as a result of natural catastrophes. Such catastrophes can be devastating to businesses, and losses almost always extend well beyond property damage. The article also noted that this has been a “light” tornado season in the U.S. However, […]
Apple’s Tax Avoidance And Perspective on the 831(b) Election
Occasionally, I am asked if I think the 831(b) tax election for captive insurance companies will be eliminated. While I don’t have a crystal ball, I really see very little reason for Congress to change the law regarding small insurance companies. And, the recent news flurry surrounding Apple’s tax avoidance strategies caused me to ponder […]
This Is Not Your Father’s Captive Insurance Industry
Tennessee Announces Its 20th Captive Insurance Company The great State of Tennessee recently announced that it has licensed its 20th captive insurance company (CIC. This is solid progress toward the goal established by Governor Bill Haslam of licensing 30 CICs in Tennessee 2013. Governor Haslam is widely considered to be “pro-business” and he has […]
Captive Insurance Case Study – Wealth Accumulation
If State Farm Were a Business Owner, It Would Enjoy a Bounteous Retirement. Pause for a moment and imagine that State Farm Insurance Company is an individual business owner. If State Farm had terminated all of its insurance policies on December 31, 2012, what sort of retirement would he or she enjoy? State Farm, All […]
GMAC’s Captive Insurance Company Rewards Agencies and Sales Producers
CIC Services, LLC recently attended the Captive Insurance Companies Association (CICA) Conference in Palm Springs, California as part of our on-going efforts to stay abreast of shifting trends, strategies and regulations in the captive insurance industry. The conference was thematically focused on the future of the captive insurance industry. We attended multiple presentations and workshops […]
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