Program Details
2025-10-31 14:00:00
Over 1,000+ webinars
Course Overview
2025-10-31 14:00:00
2h CLE Credits
Intermediate
2
2:00 pm - 2:20 pm ESTThis session introduces captive insurance as a risk management tool where businesses insure their own risks through a company they own. Participants will explore the different types of captives including single-parent, group, association, cell captives, and risk retention groups, along with the business motivations driving their formation.
Victoria FimeaDavid Beyer 2:20 pm - 2:40 pm ESTThis session examines the U.S. regulatory framework for captive insurance under the McCarran-Ferguson Act and the role of the NAIC. Participants will learn about licensing requirements, capitalization standards, and the key factors that make certain jurisdictions attractive for captive formation.
Victoria FimeaDavid Beyer 2:40 pm - 3:00 pm ESTThis session explores the 831(b) election under the Internal Revenue Code that allows qualifying captives to receive certain tax benefits. Participants will examine the inflation-adjusted premium threshold, IRS scrutiny following Notice 2016-66, and compliance strategies for entities operating under this election.
Victoria FimeaDavid Beyer 3:10 pm - 3:30 pm ESTThis session covers the essential steps in forming a captive including feasibility studies, actuarial analysis, and proper capitalization. Participants will learn about governance requirements, board responsibilities, maintaining arms-length transactions, and the critical roles of service providers such as captive managers, attorneys, and actuaries.
Victoria FimeaDavid Beyer 3:30 pm - 3:45 pm ESTThis session addresses common legal challenges raised against captives, particularly around 831(b) elections and coverage disputes. Participants will explore defense strategies for companies under audit or litigation and examine how judicial trends may impact future captive planning decisions.
Victoria FimeaDavid Beyer 3:45 pm - 4:00 pm ESTThis session focuses on ensuring ongoing compliance with state and federal law while maintaining proper documentation and transparency. Participants will learn strategies for structuring captives for long-term viability and fostering collaboration between business leaders and legal counsel.
Victoria FimeaDavid Beyer 4:00 pm - 4:10 pm ESTThis concluding session presents a real-world example of successful captive formation in the airline industry demonstrating practical applications. Participants will engage in group analysis of good governance structures and discuss emerging areas for captive use including family businesses and homeowners associations.
Victoria FimeaDavid BeyerChief Captive Analyst for the Arizona Department of Insurance and Financial Institutions. An attorney with over 35 years of insurance and public affairs advocacy experience, including over 20 years in C-suite and senior level positions.
Director of risk management for the Alaska Air Group (Alaska Airlines, Hawaiian Airlines, Horizon Air, and McGee Air Services). Also serves as board chair, general manager, and corporate secretary of Alaska’s Hawai’i-based captive insurance company, ASA Assurance, Inc.
Chief Captive Analyst for the Arizona Department of Insurance and Financial Institutions. An attorney with over 35 years of insurance and public affairs advocacy experience, including over 20 years in C-suite and senior level positions.
Director of risk management for the Alaska Air Group (Alaska Airlines, Hawaiian Airlines, Horizon Air, and McGee Air Services). Also serves as board chair, general manager, and corporate secretary of Alaska’s Hawai’i-based captive insurance company, ASA Assurance, Inc.
Requirements
The Alabama State Bar MCLE Commission requires attorneys to complete 12 credits, including 1 ethics, by December 31 of each year. All credits must be reported by February 15 of the following year. A maximum of 12 credits, including 1 ethics credit, may be carried over for 1 year only.
Formats
