Emerging Risks

Electric Vehicle Insurance Models – Review
Technology & Trends Electric Vehicle Insurance Models – Review

In a rapidly advancing technological landscape, the automotive sector faces the challenge of aligning insurance models with the evolving needs of electric and autonomous vehicles. The Plan Group's (TPG) new division, eavi, symbolizes a pioneering attempt to bridge these gaps, offering bespoke

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

Navigating Complex Childcare Insurance: Are You Prepared?
Technology & Trends Navigating Complex Childcare Insurance: Are You Prepared?

In recent years, the intricate landscape of childcare insurance in Canada has gone through significant changes, demanding increased attention from brokers and insurers alike. As the demand for early childhood education continues to rise, so too does the complexity of legal and insurance

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

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