Private Insurance Companies, or captives, are very simple in concept. Instead of sending your money to “Big Insurance”, you form your own Private Insurance Company and keep the net profits after losses. The details are, of course, a little more complex. Some […]
Think Brand Protection does not apply to you? In a recent tsunami of brand flubs, several major corporations have illustrated how and why it is crucial to be vigilant about brand protection. PWC’s night at the Oscars blew up gloriously, Pepsi’s tone-deaf video about the power of fizzy water to heal social divisions, and United Airlines invention of a whole new idiom with the wonderful weasel word “re-accommodate” have all demonstrated what can go wrong.
Legislation that would prohibit small employers from self-insuring their employee benefits programs has been proposed in Maine. The proposal, LD 608, would prohibit a stop-loss carrier from issuing a policy to a business fitting the statutory definition of a "small employer," 50 or fewer employees, in the state.
Although most physicians think of themselves as medical professionals first, they are also business owners. Owning a Private Insurance Company™ offers physician/business owners an efficient way to mitigate the risks inherent in patient care and running a business, while taking advantage of tax incentives and building financial resources to fund […]