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OWNING YOUR OWN INSURANCE COMPANY.
The Principals of CIC Services, LLC Have Over a Century of Experience in the Insurance Industry.
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Weekly, clear-headed commentary on the captive industry.
These are exciting times for the captive insurance industry, and a recent announcement by the State of Montana builds on the excitement. Captive Insurance Times reported that Montana added 47 captives in 2013. The article noted that: “During the 2013 legislative session, Montana’s law makers continued their overwhelming support of captive insurance by passing legislation [...] Continue reading
Workers’ Compensation is often a key concern for risk managers, CFOs and business owners. Most employers have seen rising Workers’ Comp insurance costs over the past few years, and this trend is not expected to let up. To cut out insurance carrier profit and capitalize on the law of large numbers, many Fortune 500 and [...] Continue reading
A growing trend in the employment of captive insurance companies is to utilize a captive as part of a company’s health benefits plan. The Patient Protection and Affordable Care Act (PPACA), also known as “Obama Care”, contains multiple provisions that increase costs for many employers. This has encouraged many employers to look for creative solutions [...] Continue reading