Captivating Thinking

As is our annual tradition, members of CIC Services, LLC attended the Captive Insurance Companies Association (CICA) International Conference in Scottsdale, Arizona March 6-8, 2016.  CICA is the world’s largest domicile neutral captive insurance association.  The conference includes a strong legal and regulatory update, covers trends in the industry, and provides excellent case studies for the formation and operation of captive insurance companies.  The conference also places significant emphasis on Enterprise Risk Management (ERM).

One of the conference sessions included a very informative case study on Penn State’s Captive Insurance and

As is our annual tradition, members of CIC Services, LLC attended the Captive Insurance Companies Association (CICA) International Conference in Scottsdale, Arizona March 6-8, 2016.  CICA is the world’s largest domicile neutral captive insurance association.  The conference includes a strong legal and regulatory update, covers trends in the industry, and provides excellent case studies for the formation and operation of captive insurance companies.  The conference also places significant emphasis on Enterprise Risk Management (ERM).

At the conference CAPTIVE REVIEW released its stats for 2015.  The industry experienced

What does Warren Buffett have to do with small captive insurance companies and the IRS “dirty dozen” list?  Until this week, my answer would have been, “very little.”  However, after addressing the IRS placing small captive insurance companies (CICs) on its “dirty dozen” list in last week’s edition of Captivating Thinking, the world’s most famous investor

It’s been said that a dog returns to its vomit, and this is certainly true of the IRS and its 2016 “dirty dozen” publication, which once again includes “abusive” varieties of captive insurance companies on its list of scams.  We don’t joyfully look for opportunities to cross swords with the IRS.  However, when the Service’s pronouncements smell more like