Captive Insurance Companies Discussion

Captive Insurance Companies Discussion ORDER NOW FOR CUSTOMIZED AND ORIGINAL ESSAY PAPERS ON Captive Insurance Companies Discussion Wk 4 – Due in 48 Hours Discussion – Discuss the breadth of the duty to defend and the potential difficulties in determining whether to provide defense to the policyholder. 1paragraph Assignment – What is the general flow of a coverage analysis? (One paragraph only) Read: Martinez Chapter 5 Liability Insurance, Insurer’s Undertaking, p. 281-396 Liability Ins., Employment Practices Liab., p. 497-500 Selected Case: Entergy Gulf States, Inc. v. Summers, 282 S.W.3d 433 (Tex. 2009 ___________________________________________________________ Wk 5 – Due in 4 Days Discussion: Discuss the pros and cons of Specified Risk and All Risk Coverage and how they fit into the Axioms (Power point Week 5 – Part 2). Assignment: Briefly describe the subrogation process. (2 Paragraphs) Read: Martinez Chapter 6: Property Insurance, Basic Principles, p. 504-526 & p. 529-558 Property Insurance, The Insured is Disqualified, p. 586-615 Property Insurance, Paying Claims, p. 617-633 Property Insurance, Bailment & Subrogation, p. 649-678 ______________________________________________________________________________ Wk 6 Due in 6 Days Discussion 1: List and discuss one significant difference between traditional lines and non-traditional lines insurance coverage. For example, traditional lines are generally commercially available in the marketplace. a. Pricing is determined using market data versus specialized underwriting b. Non-traditional risk has a limited loss history Discussion 2: What are some risks that you believe the traditional insurance market should cover and why? For example, bitcoin transactions, driver-less cars. Read: Martinez Chapter 7 Lloyd’s of London History and the attached Powerpoints and handouts related to wk 6 Personal Insurance, Requirements & Defenses, p. 679-703 Personal Insurance, Rights to Proceeds, p. 734-782 https://www.lloyds.com/about-lloyds/history/corporate-history _________________________________________________________________________ Wk 8 (Wk 7 assignment is separate) – Due in 8 Days Discussion : Do you agree with the outcome of Avrahami and Reserve Mechanical? How do non-traditional risk structures pass muster from a tax perspective given these outcomes? Can any 831(b) captive stand a chance in tax court? For example, the outcome seems unreasonable given the fact that the judge gave little deference to the actuary in Reserve Mechanical. If the judge is going to call into question the professional determination by an actuary as to reasonableness of risk, then it would seem the court can usurp the job an actuary does to determine post facto that insurance does not exist. In other words, it discounts the actuary’s professional opinion. For example, the outcome in Avrahami seems reasonable given the fact that coverage were unreasonable in the eyes of the judge. That the risk pool did not really create a true risk of loss is one reason the court was correct in finding a real insurance arrangement did not exist. Read: Attached wk 8 stuff https://www.irmi.com/articles/expert-commentary/up-front-about-reinsurance attachment_1 attachment_2 attachment_3 Get a 10 % discount on an order above $ 100 Use the following coupon code : NURSING10