Captive insurance can have perfectly legal tax and financial benefits, but some companies go too far ...

The role of captive insurance companies has undergone a remarkable metamorphosis in the ever-evolving landscape of modern business. Captive insurance has transcended traditional risk mitigation to ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Bobby L. Hickman is a longtime business and financial journalist who brings decades of ...

The term insurance is not defined by the U.S. Tax Code, but rather court cases have over the years cobbled together that insurance has three elements: (1) a binding insurance contract, (2) an ...