Tag Archives: captive

Captive Insurance (2)

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Yesterday, I explained how captive insurance companies are supposed to work.  They serve as a means to minimize the risk, but don’t leave policyholders without any recourse- or, in the case of our firms, any potentially harmed folks without any chance to recover damages.  Today, I will explain how this process is being subverted- these captives are being formed to rip off the public.

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