News Articles

Self funded health care – a big business advantage

Hierl | 11 Oct 2017

Health insurance benefits are expensive. The rising costs of health care has driven up insurance premiums to levels where many businesses have been forced to reduce these benefits or drop them alto...

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USA | Self-funding Health Plans is Hot, But Could Get Tougher to Do

Health Leaders Media | 4 Oct 2017

Small employers are facing formidable hurdles as they consider self-funding health insurance plans. But self-funding still holds appeal....

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USA | New Franklin City Council renews self insurance health plan

The Suburbanite | 4 Oct 2017

Renewal of the self-insurance health care plan for the city of New Franklin was approved by New Franklin City Council on Sept. 20, and it includes a 12.75 percent increase in the annual premium pai...

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USA | How Solid is the Captive Insurance Company Strategy?

accountingWEB | 3 Oct 2017

The Captive Insurance Company risk mitigation strategy often provides tax breaks, but in recent months, it has come under scrutiny. As a result, many tax advisors question the appeal and value of t...

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USA | Takeaways from the Tax Court's First Micro-Captive Insurance Ruling

Lexolology | 6 Oct 2017

Highlights The U.S. Tax Court recently ruled in Avrahami v. Commissioner, the first litigated Tax Court case involving an 831(b) captive insurance company. ...

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USA | Captives Under Regulatory Scrutiny

Business Insurance | 2 Oct 2017

U.S. owners of captive insurers covering international risks must examine their captives closely to ensure they don’t run afoul of a global effort to stop tax avoidance schemes....

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USA | RRGs continue to exhibit financial stability

Captive Insurance Times | 28 Sep 2017

Risk retention groups (RRGs) collectively reported $1.9 billion of direct written premium through Q2, a decrease of nearly 1 percent over the same period the previous year, according to Demotech&rs...

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USA | Supervisor Pitches Idea Of Signing On To County's Health Insurance Plan

North Folk Patch | 26 Sep 2017

SOUTHOLD, NY — With the 2018 Southold Town budget process underway, Supervisor Scott Russell said one way to summon up major savings would be to enroll the town in the Suffolk County health i...

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USA | Let municipalities join county self-insured health plans

Times Union | 18 Sep 2017

Every year, Gov. Andrew Cuomo preaches governmental consolidation, at least at the local level. In discussing this issue, the Times Union referred to one of the very first bills I introduced, A739,...

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Captive Conference Highlights Bermuda’s Role

Bernews | 13 Sep 2017

The Bermuda insurance market’s leading role in global risk innovation, including helping communities rebuild after disasters, was highlighted at this week’s successful 13th annual Bermu...

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