U.S. Captive Insurance Law

by F. Hale Stewart JD LLM CAM CWM CTEP



Book Details

Language : English
Publication Date : 1/4/2011

Format : Softcover
Dimensions : 5x8
Page Count : 236
ISBN : 9781450277945
Format : E-Book
Dimensions : N/A
Page Count : 236
ISBN : 9781450277952

About the Book

This is the first book on captive insurance which thoroughly examines the relevant issues associated with starting a captive insurance company. Part I begins with a description of the companies most likely to benefit from a captive program. This is followed by a detailed outline and explanation of the formation process and ends with an overview of the tax issues encountered by a property and casualty insurance company.

Part II presents the first in-depth historical analysis of the entire history of U.S. captive insurance case law. It begins with the reserve cases of the early 20th century and is followed by the flood plane cases of the 1950s, the I.R.S. victories of the 1980s, the taxpayer victories of the 1990s and the I.R.S.’ safe harbor Revenue Rulings of the early 2000s.

With over 950 footnotes and 40 sources, this is the most complete treatment of captive insurance to date.

About the Author

Hale Stewart is a tax attorney in Houston, Texas. Mr. Stewart holds a masters in domestic and international taxation from the Thomas Jefferson School of Law, where he graduated Magna Cum Laude. He has also been awarded the designations of Chartered Asset Manager, Chartered Wealth Manager and Chartered Trust and Estate Planner from the American Academy of Financial Management.

When not practicing law, Mr. Stewart enjoys spending time with his wife and dogs. He is also a life long fan of acoustic jazz and is a self-confessed economic and stock market nerd. You can read his economic observations on his blog, The Bonddad Blog.