David Cassity took a no-holds-barred approach to creating better alignment in the management of his company’s P&C risk management and insurance programs.
The Los Angeles Unified School District domiciled its captive in Vermont last summer. Now, one year later, the team looks back at what it will take for other large public entities to follow in its successful footsteps.
As IRS scrutiny intensifies and new reporting requirements emerge, organizations utilizing micro-captive insurance companies face critical decisions about their risk management approaches. Understanding the evolving regulatory environment has become essential for captive owners seeking to maintain compliance while maximizing benefits.
AI is increasingly used by traders to make fast decisions and maximize profits, but the speed of these decisions and the lack of human oversight means that the ripple effects of just a few transactions can quickly amplify and send markets into a tailspin.