Equifax announced it expects $275M in costs in 2018 related to the credit reporting company’s massive data breach last year offset by $75M in insurance proceeds.... read more
Category: Industry News
The U.S. Justice Department announced one of its largest-ever takedowns of a global cyber crime ring
(Reuters) – The U.S. Justice Department announced one of its largest-ever takedowns of a global cyber crime ring, saying it had indicted 36 people accused of trafficking in stolen identities and causing more that $530... read more
Oxford announces Susan Euteneuer, Esq. joins the firm as General Counsel and Chief Compliance Officer
... read more
Oxford announces Paul Francisco CLU, ChFC, ACI as new Chief Operating Officer
... read more
First Inflation Adjustment triggered for 831(b) captives to $2.3M annually in 2018
The first adjustment to the premium limit for 831(b) electing captives in the United States has been triggered, taking it to $2.3m. When the Protecting Americans from Tax Hikes Act of 2015 (PATH Act) was... read more
Oxford Risk Management Group Recognized as an ICCIE Trained Organization
Oxford Risk Management Group is proud to be recognized as an ICCIE Trained Organization. To qualify, a firm must meet the following requirements: At least 20% of the captive professionals in the organization must hold... read more
Captive Insurance Moves From Alternative to Mainstream
According to a recent article published in Business Insurance magazine, captive insurance companies have really grown up into a mainstream tool for managing enterprise risks. With the regulatory changes made in numerous state departments of... read more
Tax Court reaches decision in the Avrahami case
The United States Tax Court denied deductions for premiums paid to off-shore insurance companies, and determined, among other things, that elections under IRC Section 831(b) were invalid, as the amounts paid did not qualify as... read more