This week, we think it fitting to share Mick Higley’s “By The Number$” synopsis as we head into 2013.  Mick is a respected industry analyst, publisher and friend of CIC Services, LLC.   While a deal on the fiscal cliff has apparently been reached between President Obama and House Republicans, many of the tax increases outlined […]

In addition to gaining the ability to self-insure and to own a profitable second business, a captive insurance company can also facilitate the purchase/sale of a business.  Prior to addressing this unique benefit, it’s worth noting the primary reasons that businesses form their own insurance company – specifically a captive insurance company. To manage business […]

This Summer, the U.S. Supreme Court upheld most provisions of the Patient Protection and Affordable Care Act (PPACA) that Congress passed in 2010.  PPACA, affectionately known as “Obama Care”, contains multiple provisions that will increase costs for many employers.  It also contains the contentious provision that will require most Americans to purchase health insurance beginning […]

Last week, we described how businesses owners often increase success, profitability and asset protection by starting or acquiring a second business that serves their primary business.  Often described as vertical integration, this approach is often effective because a supplier or service provider is already making a profit serving the parent company.  A simple, well proven […]

Happy Thanksgiving!  Thanksgiving is often a time to enjoy our friends and families, and – dare I say – our heirs.  Speaking of heirs, another fabulous benefit of a captive insurance company is that it provides a very efficient vehicle for the transfer of wealth to one’s heirs.  But, before discussing this unique benefit, it’s […]