Once again, Oxford has displayed its unwavering support and commitment to our clients by advocating on behalf of the entire captive industry and continuing to stand firm against regulatory scrutiny of certain captive insurance arrangements. ... read...
Category: Industry News
Oxford’s Response to IRS Proposed Transactions of Interest
STATEMENT OF OXFORD RISK MANAGEMENT GROUP On Monday, April 10, 2023, Treasury and the IRS issued proposed regulations identifying certain captive insurance arrangements as “Listed Transactions” within the meaning of the Internal Revenue Code. The... read more
Federal Judge Dismisses Insurance Lawsuit Against Captive Insurance Company
Oxford welcomes 2022 with some recent news we are certain our readers will be interested to hear. In 2020, a client of Oxford filed an insurance claim, asserting that an executive order issued in response... read more
Protect Your Company from Cyber Attacks
In light of current events, we are reminded once again of the importance of ensuring business owners have the right cyber coverage. Coverages for breach of data, computer system failure, and contingent business interruption are... read more...
Advocating for Captive Insurance
April 16, 2021 – SIIA Advocates Balanced IRS Approach to Captive Insurance, U.S. Business Needs. The IRS recently issued IR 2021-82, in which it urges participants in abusive micro-captives to exit such structures. The announcement... read more...
News Alert – IRS Letter on “Micro-Captives”
On March 23, 2020 Captive owners began receiving IRS Letter – “Micro-Captive Insurance”. The mass-produced form letter is a non-event, as it merely reminds everyone that premiums paid to captive programs similar to those in... read more...
The Value of Captive Insurance During the Outbreak
Oxford’s Own, Susan Euteneuer Quoted in New York Times As business owners grapple with the magnitude of current events related to the COVID-19 outbreak, the benefits of establishing a captive insurance business have gained additional... read more
Gun Tax Challenges Business Owners in Tacoma, Washington
In an effort to increase the regulation of gun sales in Tacoma, local legislation has proposed a new tax per gun sale to go towards violence prevention programs. In the Wall Street Journal, Dan Davis,... read more...