The "MarketWatch" article "Job Openings Hit Record High at Start of 2018" shows how the war for talent is well under way. Captive insurers that have not started developing and implementing a strategy for recruiting new professionals face real impediments to finding new professionals to hire.
Michael Maglaras, president of Michael Maglaras & Company, suggests the time has come to insure direct statutory workers compensation in captives.
Employed physicians have ended up with stronger and more succinctly managed insurance programs through captives than when they were commercially insured.
As health care moves to population management, captive insurers have accepted the challenge. Captive loss data will make the difference in its success.
A reinsurer has the duty to pay unless it has been prejudiced. Prejudice may be easier to show if a captive insurer is not handling its claims properly.