Holding Big Insurance Captive/Indian Country Today

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This article focuses on the benefits Indian tribes can receive by creating captive insurance companies – entities wholly-owned and operated by the “parent company,” or tribe. Forming a tribal captive insurance company may lower a tribe’s reinsurance premiums “by as much as 90 percent,” Galanda and Robenalt note, while simultaneously retaining tribal sovereignty and creating additional employment opportunities for tribal members.

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Published In: Indigenous Peoples Updates, Insurance Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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