Truck News

  • Blog Uncategorized

    Opinion: Captive insurance has its benefits

    June 11, 2019 12:00AM by Mike McCarron

    Insurance captives are a way for best-in-class carriers (which apparently we were) to lower their costs by eliminating class underwriting while retaining profits and investment income. Simply put, when you join a captive you become a minority partner in an insurance company owned and managed by like-minded carriers.