Articles
New Guide Emphasizes Importance of Independent Directors for Captives
While not legally required in every captive domicile, having an independent board of directors can serve several important roles for captive insurance companies, according to a new analysis. Read More
How the United States Became Home to More Captives Than Any Other Country
When Vermont lawmakers passed legislation in 1981 to allow captive insurance companies to be set up in the state, they did something unique for a US state: authorize a captive domicile that would compete with Bermuda and the Cayman Islands, the world's biggest domiciles. Now close to 3 dozen US states permit the formation of captives. Read More
Key Issues for Micro-Captives during an IRS Audit
The current state of the law regarding captives in the US Tax Court is important for micro-captive owners as they consider what approach to take going forward. A thorough review of the captive program can help establish an informed basis for decision-making both before and during an Internal Revenue Service (IRS) audit. Read More
Key Accounting Issues for Cell Captives
We provide a review and analysis of the latest white paper from Johnson Lambert and Spring Consulting Group on cell captives. Our review highlights some of the key concepts from the report and offers guidance on what to look for. Read More
Clear Up Blind Spots with Behavioral Interview Questions
Traditional interviews when recruiting new employees leave companies susceptible to blind spots because they rely on hypothetical or subjective opinions. This creates the risk of hiring the wrong candidate. However, a behavioral interview will unlock reliable and measurable information about each candidate in order to hire the best fit. Read More
Forming and Operating a Captive Insurer Involves Constant Change
Captive insurance companies should be in a continual process of evaluation, and captive owners should continually be reviewing and evaluating their captive program's exposures, coverages, and limits of liability to determine how these impact the capital in their captive, according to captive experts. Read More
How To Set Up a Captive Insurance Company: A 5-Step Primer
How do you set up a captive insurance company? Find out the key steps necessary to successfully establish a captive insurance company on Captive.com. Read More
For the 5th Consecutive Year, Captives Make IRS "Dirty Dozen" List
For the fifth consecutive year, abusive micro-captive insurance companies found their way to the Internal Revenue Service (IRS) annual "Dirty Dozen" listing. Where last year's listing told taxpayers to be wary, the IRS uses a more aggressive tone in the 2019 listing. Read More