Risk Management

Are You a Target for Staged Car Accidents in Florida?
Risk Management Are You a Target for Staged Car Accidents in Florida?

The unsettling rise of staged car accidents in Florida represents a growing menace affecting drivers statewide, particularly in bustling urban centers like Tampa. A case involving a woman, colloquially referred to as Snooks, who believes she narrowly avoided an insurance scam, sheds light on this

Navigating IRS Scrutiny: Micro-Captive Insurance Strategies
Risk Management Navigating IRS Scrutiny: Micro-Captive Insurance Strategies

In recent years, micro-captive insurance companies have come under tightened scrutiny from the IRS, igniting a fierce debate surrounding their legitimacy and tax deferral strategies. Although the 831(b) election was historically intended to support small mutual insurers in building financial

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

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