In May of this year, the US Supreme Court agreed to hear CIC Services, LLC (CIC) case against the IRS. The case revolves around Notice 2016-66, which identified transactions relating to 831(b) captives, also known as micro-captives, as transactions of interest. On July 22, captive associations across the country filed a joint amicus brief in support of CIC… This is …
Special Feature: The Hard Market, COVID-19, and Healthcare RRGs
This month’s Special Feature is an interview with Vice President, Claims & Litigation, at American Excess Insurance Exchange RRG Mollie O’Brien. O’Brien participated on a panel exploring what the hard market means for RRGs with Risk Retention Reporter Managing Editor Chris Diemel at the 2020 VCIA Virtual Conference. The interview expands on the topics discussed on the panel and further …
CHI RRG 32 Years On
In the 1980s, the California Healthcare professional liability marketplace was dominated by a single carrier, Farmers. That monopoly, coupled with an historic hard market for liability lines of coverage, left many independent hospitals with few options outside of paying the high premiums offered… This is an excerpt, for the complete article subscribe to the Risk Retention Reporter.