Arguably so, the American public harbored a deep fear in the years since Hurricane Katrina. It was for good reason--it was no holds barred in the media. News teams like CNN and FOX put away their differences to share images of the sky opening up and wreaking havoc on Louisiana. FEMA trailers… people on roofs…whole…
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Weathering the Storms of Regulatory Risk
Going rogue. Paving the way. Being a change agent…For many entrepreneurs, establishing themselves as brazen, smart, and transformative innovators is the thing (other than profit) that elicits success. This ‘trailblazer’ sentiment is why many people go into business in the first place. It’s to provide a practical, useful service or product that didn’t exist before.…
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Captive Insurance: Mitigating International Trade Disputes
Political unrest, trade disputes, and tariffs on U.S. goods--for many, these and other issues can be relegated to ‘sensational’ news stories, where businesses remain in large part, unaffected. But for many others, what can seem far-removed is all too real. In the case of trade disputes between the United States and China, those that buy…
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Captive Insurance: Mitigating #MeToo-Related Reputational Risk
We’ve heard the names–Weinstein, Spacey, Rose, and Lauer. These and hundreds of other celebrities and captains of industry were accused of varying levels of sexual misconduct. They are big names that contended with even bigger blows to their reputations. But what about those names that weren’t so well-known? What of the mid-market business owners who’ve…
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Can Mass Shootings Be Covered by Captive Insurance?
In the wake of the tragic and sobering mass shooting events in El Paso, Gilroy, and Dayton, questions loom within the business community; one being, can mass shootings be insured? Those with some familiarity with alternative risk planning are asking if this is a risk that can be covered under a captive insurance arrangement. After…
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The Truck Driver Shortage: Real or Not?
According to the American Trucking Association (ATA), there is a real and profound truck driver shortage happening right now in the United States, especially in the long-distance sector. However, the U.S. Bureau of Labor Statistics (BLS) has questioned the severity of the shortage. So, who’s right? ATA or BLS? Earlier this year, Bibby Financial Services…
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Captive Insurance Lessons from a NYC Institution: Dean & Deluca
Would a Captive Insurance Company Have Made the Difference? For decades, tourists and native New Yorkers alike flocked to Dean & Deluca maintaining a type of reverence for the upscale grocery store. It was arguably the go-to NYC grocery destination for foodies, worthy of oohs, aahs, and of course, the act of spending big money…
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Turning the Tide: Combating Uncertainty in Healthcare Reform with Captive Insurance
The American healthcare system is, by anyone’s standards, in a state of flux. “Repeal and replace” is still the mantra among most Republican leaders, as they seek an alternative to former President Obama’s Affordable Care Act (ACA). Even as talks continue among government representatives and new proposals are offered, there’s an undeniable fact that must…
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As Strong as Concrete: Construction Insurance with a Captive
Construction Insurance in the Wake of a Recession It’s a collective nostalgia…photographs with guys, dirty-faced hanging out on high beams; the hard hats, the grit…the pride. For decades, construction in the United States showed the world that our relatively new nation was strong and resilient. This was our American way. But over the years, the industry…
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The Internet of Things: Risks in Manufacturing
A New Industrial Revolution Manufacturing was a dirty job. But hands eventually gave way to machines. Between 1760 and 1840, The Industrial Revolution ushered in a new era in manufacturing and sought to change the very mindset of how we approached the grind…the back-breaking work our ancestors were accustomed to. Modern technology set levers, wheels,…
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