Campaign spending in 2018 was the highest it has ever been, and the 2018 mid-term elections appear to have had mixed results with Democrats gaining control of the House while Republicans picked up seats in the Senate. Political change is
As I speak with business owners across the country, I often hear that business is booming. That is great to hear, and it’s especially rewarding because growing businesses fuel more profit, more jobs and wage growth. Nevertheless, history has shown us
Nate Reznicek, ACI, Director of Operations at CIC Services has been selected as a faculty member for the International Center for Captive Insurance Education (ICCIE). To Learn More about ICCIE – CLICK HERE.
Alternative Risk Transfer (ART) describes the marketplace in which nontraditional risk transfer approaches (as compared to commercial insurance) can be arranged. Some of the types of entities and approaches included in this marketplace are captive insurance companies (CICs), pools, trusts and risk retention groups (RRGs). ART typically includes
I’m suing my insurance company “You’re what?” “You heard me, I’m suing my insurance company.” “I had a loss, and it’s definitely covered on my policy… but my insurance company is playing games
No, this isn’t a typo. “EXCLUSE ME?” is an appropriate response when your business has a loss that you expected your insurance to cover, but an unexpected policy exclusion results in your claim being denied. This is a truly helpless
Captive International recently published an article by CIC Services’ Director of Operations, Nate Reznicek, ACI titled: “The Sky Isn’t Falling and Risk Pools Aren’t Dead.” In his article, Nate examines the recent Avrahami and Reserve Mechanical
I’m sure you’re familiar with the expression, “All give and no take.” This reminds me of conversations I have had with CFOs and Risk Managers through the years. More than once, I’ve been told about insurance costs rising year after year despite few or no claims. To paraphrase their frustration, “Years and years of premium […]
Your Mother always warned you about the people who would drag you down. She probably told you, “Bad company corrupts good morals.” This axiom is increasingly true in risk management and insurance as well.
CIC Services Director Of Operations, Nate Reznicek, ACI will be chairing a Conference Session at the North Carolina Captive Insurance Association Conference on August 20-22 in Charlotte, NC. Don’t miss this opportunity to hear Nate speak or to meet members of CIC Services, LLC in Charlotte, NC next week. Nate’s session is titled: Goldilocks And […]