According to a March 7th Insurance Journal article, getting sued is not an uncommon event for physicians. More than a third of physicians (34%) have had a claim filed against them at some point in... read more
Category: News
Equifax says insurance covers $75M in breach costs
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
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
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
Giving Back to the Community
This year marked the 15th Anniversary that Ellen and Mike DiMayo co-chaired the Annual Rock ‘N’ Roll Bash, which was held on Saturday, October 28th, 2017. All proceeds from this fundraiser benefit the Casey Cares... 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
How Does a Captive Insurance Company Generate Profit?
Take a moment to think about the enormous expenses a conventional insurance company faces as part of its daily operations: payroll, employee health insurance, pension and retirement plan obligations, rent, staffing for the legal, actuarial... read more