With the rising growth of cyberattacks every year, it is no surprise that cyberrisk has been a hot topic at captive conferences. A panel of experts at the Connecticut Captive Insurance Association’s Symposium on Captive... read more...
Posts By: Mike DiMayo
Effective Captive Management Service
Captive.com released a great article pointing out the struggles with the ongoing maintenance and administration of their captive due to poor captive management. After the client submitted its application to the Department of Insurance and... read more...
Securitas v. Commissioner Tax Court 10-29-14
Securitas Holdings, Inc. and Subsidiaries, Petitioner v. Commissioner of Internal Revenue, Respondent Docket No. 21206-10 Filed October 29, 2014 Overview: Ruling in the Securitas v. Commissioner captive insurance case was issued late yesterday afternoon by... read more
Transit Risk: Protect Yourself from a Sticky Situation
Last week, bees swarmed to the scene of a massive spill along Route 41 in Fort Myers, Florida. Neslan Torralvo of Torralvo’s Honey & Pollination Service was transporting honey in his flatbed truck to a... read more...
Oxford’s Vice President of Sales Travels to New York City on November 11th and 12th
Oxford’s Vice President of Sales, David Ginsberg, is traveling to New York City on November 11 and 12, 2014. If you have clients or advisors in the area who would like to meet with David... read more...
Delaware Explores European Market
As of September, Delaware established itself as the sixth large captive insurance domicile in the world. A majority of its growth has come from captives making the 831(b) tax election. The Delaware Department of Insurance... read more...
ERM and Captives: The Realities of Modern Day Risks
Modern day businesses are exposed to more risks than ever before, yet so few of those are covered by typical insurance policies. An article in the Captive US Mid-Market Report 2014 written by Brian Johnson,... read more
Fitch Affirms Five U.S. Captive Finance Companies
Recently released, Fitch Ratings has affirmed five U.S. captive finance companies. Fitch has confirmed the following Long-term Issuer Default Ratings (IDRs): Boeing Capital Corporation, Caterpillar Financial Services Corporation, Ford Motor Credit Company LLC, General Motors... read more...