Articles/Resources

May 2017 Newsletter

River Oak Risk Newsletter: May 2017 Download the Newsletter in PDF

May 18, 2017|

Captive Insurance Times – May 2017

Article: Running into Trouble. Due diligence is needed to make sure that a captive is set up for the correct reasons and is handled by an experienced insurance professional.[…] Publication: Captive Insurance Times Date: May 2017 Download the Article in PDF

May 5, 2017|

Captive Insurance for the Middle Market

Journal of Accountancy – November 2016 By Kimberly S. Bunting, COO of River Oak Risk, LLC and Phyllis Ingram, Partner with Carr Riggs & Ingram, LLC Recent IRS guidance and court cases, plus PATH Act changes, make captives more attractive to medium-size companies. Business, by nature [….] Download Article PDF

November 1, 2016|

2017 Tax Changes Could Lead to Opportunities for Small Property/Casualty Insurance Companies.

BDO Insights:  BDO Knows: Insurance – October 2016 As part of the 2015 Protecting American from Tax Hikes (“PATH”) Act, a significant change was made to the Internal Revenue Code (“IRC”) provision IRC Section 831(b), which provides for an alternative tax for small [….] Download Article PDF

October 1, 2016|

Meet Jack – a Captive Insurance Video

May 3, 2016|

Sweet Home Alabama (or Georgia, or Tennessee, or Vermont)

Article:  Sweet Home Alabama (or Georgia, or Tennessee, or Vermont) Four US states are revising their regulations in a bid to stay competitive. Publication:  Captive Insurance Times Date:  April 2016 Download the Article in PDF 

May 1, 2016|

River Oak Risk – Newsletter

From the desks of: Doug MacGinnitie and Kim Bunting April 2016 PROTECTING AMERICANS FROM TAX HIKES (PATH) ACT OF 2015 At the end of 2015, the Protecting Americans from Tax Hikes (PATH) Act of 2015 became new law. The PATH Act was part of a large budget and tax deal that cleared Congress and was signed by President Obama just before year end 2015. Altogether, [...]

April 4, 2016|

Georgia Captive Legislation Update

Senate Bill 347 unanimously passed the Georgia Senate on February 26th and has been sent to the Georgia House Insurance Committee for review. The bill revises the current law and includes extensive changes to the captive insurance provisions, including adding a new definition for agency captive, expansion of the definition of a risk retention group captive, allowing accident and sickness insurance to be written by [...]

March 17, 2016|

Protecting Americans from Tax Hikes (PATH) Act of 2015

At the end of 2015, the Protecting Americans from Tax Hikes (PATH) Act of 2015 became new law. The PATH Act was part of a large budget and tax deal that cleared Congress and was signed by President Obama just before year end 2015. Altogether, there were $622 billion in tax breaks in the massive bill. A part of PATH is Section 333 which was [...]

January 20, 2016|

What is a Captive Insurance Company?

Captive Insurance Companies (CICs) are insurance companies established by businesses or owners of businesses with the specific objective of insuring risks of those businesses. CICs were first established in the 1950s and have since been an integral part of the risk management portfolios of many large companies. Over 90% of Fortune 1000 companies have one or more CIC, and over half of all property and [...]

January 19, 2015|