Attorneys Ronald L. Kammer and Sina Bahadoran say only time will tell whether the Legislature achieved the balance it was looking for under the new law allowing businesses to form captive insurance companies.
July 03, 2012 at 12:00 AM
1 minute read
Earlier this year, Florida joined other states in finally allowing businesses to form their own captive insurance companies. In crafting the legislation, the Legislature tried to strike a delicate balance between promoting business by allowing captive insurers, while, at the same time including safeguards to protect the public.
Captive insurance
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