Risk Management

Ghost Accident Scam Endangers Drivers and Their Finances
Risk Management Ghost Accident Scam Endangers Drivers and Their Finances

Motorists around the world are increasingly facing a deceptive and dangerous form of insurance fraud, known as the ghost accident scam. This alarming scam not only threatens the financial stability of drivers but also places their safety in jeopardy. Fraudsters engaged in this deceitful practice

How Will Micro-Captives Adapt to New IRS Challenges?
Risk Management How Will Micro-Captives Adapt to New IRS Challenges?

Recent years have seen a crescendo of regulatory examination surrounding micro-captive insurance companies. These entities, often leveraging the 831(b) tax election, find themselves squarely in the crosshairs of the IRS due to the agency's concerns over potential tax avoidance schemes. Originating

How Will 1823 Partners Transform Insurance Investment Strategies?
Risk Management How Will 1823 Partners Transform Insurance Investment Strategies?

In the evolving landscape of asset management, 1823 Partners (US) LLC has emerged as a beacon of innovation, setting the pace for transformative investment strategies tailored to insurance needs. By navigating the complexities of asset-backed finance, real estate, credit, and insurance, the firm is

Florida's Insurance Crisis: Can Homeowners Weather Rising Costs?
Risk Management Florida's Insurance Crisis: Can Homeowners Weather Rising Costs?

The escalating challenges facing Florida's homeowners in the insurance market are a direct consequence of the state's vulnerability to extreme weather, particularly hurricanes. Places like Fort Myers Beach, represented by residents Dayna and Matt Fancher, serve as poignant examples. As the state

Navigating Challenges in Captive Insurance Amid IRS Scrutiny
Risk Management Navigating Challenges in Captive Insurance Amid IRS Scrutiny

The landscape of the captive insurance industry is undergoing significant transformation as regulatory pressures intensify, especially with the United States Internal Revenue Service (IRS) sharpening its focus on micro-captive insurance companies. These companies serve as strategic vehicles for

Operation Bright Eyes: NYC Taxis Fight Fraud with Cameras
Risk Management Operation Bright Eyes: NYC Taxis Fight Fraud with Cameras

New York City, a pulsating hub of diversity and rapid movement, has been struggling with a persistent issue faced by its taxi industry: fraudulent claims targeting drivers. With countless cabs coursing through the city's bustling streets, insurance schemes that prey on taxi drivers and companies

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