CIC Services hires William Rogers as principal
Captive International covers the announcement of CIC Services’s new hire, William Rogers.
Sign Up for the Captivating Thinking Newsletter
Looking to read about ways we are serving the business community through the innovative use of captive insurance companies? If CIC Services is in the news, you’ll be able to read it here. Check out where we’ve made the most recent headlines below.
Captive International covers the announcement of CIC Services’s new hire, William Rogers.
The latest issue of Captive Insurance Times features an article about Sean King of CIC Services. King discusses CIC Services’ upcoming Supreme Court case against the IRS and what a win could mean for the captive insurance industry.
Insurance Journal writes that the Supreme Court of the United States has agreed to review the result of CIC Services vs. IRS, which was ruled in favor of the IRS last year.
Captive International writes: “The Supreme Court of the US has agreed to hear CIC Services’ case against the Internal Revenue Service (IRS), in what CIC described as “a major victory today for taxpayers and those opposing administrative state overreach.”
Captive Review covers the recent decision of the Supreme Court of the United States to review the decision made last year in CIC Services vs. IRS. The lawsuit challenges Notice 2016-66, which targets captive insurance owners.
Looking to read about ways we are serving the business community through the innovative use of captive insurance companies? If CIC Services is in the news, you’ll be able to read it here. Check out where we’ve made the most recent headlines below.
Captive International covers the announcement of CIC Services’s new hire, William Rogers.
The latest issue of Captive Insurance Times features an article about Sean King of CIC Services. King discusses CIC Services’ upcoming Supreme Court case against the IRS and what a win could mean for the captive insurance industry.
Insurance Journal writes that the Supreme Court of the United States has agreed to review the result of CIC Services vs. IRS, which was ruled in favor of the IRS last year.
Captive International writes: “The Supreme Court of the US has agreed to hear CIC Services’ case against the Internal Revenue Service (IRS), in what CIC described as “a major victory today for taxpayers and those opposing administrative state overreach.”
Captive Review covers the recent decision of the Supreme Court of the United States to review the decision made last year in CIC Services vs. IRS. The lawsuit challenges Notice 2016-66, which targets captive insurance owners.
Sign Up for the Captivating Thinking Newsletter
Businesses who implement ERM programs combined with a captive to plan for unforseen risks stand a better chance of surviving, and passing to the next generation.
Captive owners can leverage their ERM and captive programs to improve their negotiating ability when renewing their commercial insurance coverages.
Profitable captives will see their reserves grow over time to significant sums which can be utilized by their owners for retirement or other life cycle needs.
Insurance companies are the only entities allowed to expense projected future expense against current-year revenues (claim reserves). Small captives (premiums of $2.2M or less per year) may also elect to only be taxed on their investment income, potentially resulting in substantial tax savings for their owners.
Utilizing your captive to reduce or replace your commercial insurance coverage with policies issued by your captive allows you to capture insurance profits previously realized by the carriers.
Adding a captive and ERM program will result in a higher awareness and enhanced strategies for how your organization thinks about and plans for all risks.
The assets held by a properly organized and managed captive enjoy a very high degree of protection from both the business’ and business owner’s creditors.