December 19, 2018

The CPA Journal published an article co-authored by Food & Beverage Services Leader Louis Biscotti, about risk management through captive insurance.

CPA Journal

By Louis Biscotti, Food and Beverage Services Leader & Joseph W. Tucciarone

Related Industry Food & Beverage

The CPA Journal published an article co-authored by Food & Beverage Services Leader Louis Biscotti, about risk management through captive insurance.

Excerpt:

A captive insurance company is a subsidiary formed by a private company to finance its retained losses in a formal structure under the guidance of an appropriate state insurance department. Captive insurance companies are normally formed to supplement commercial insurance, allowing companies to retain the money that would otherwise be spent on insurance premiums.

Click here to read a PDF version of the article >>

Related

Louis J. Biscotti

Louis J. Biscotti

Food and Beverage Services Leader

  • Assurance
  • Melville, NY