CAC Connects
COCA-COLA AND AIRBNB HAVE BEEN IN THE NEWS LATELY REGARDING THEIR TRANSFER PRICING. Tax insurance can be used by multinationals to mitigate contingent tax exposures from related party transactions, including transfer pricing, valuation, and debt/equity treatment. The tax code is complex, and despite receiving tax advice from an attorney or accountant, the proper tax treatment…
CAC Specialty, a leading global specialty broker, continues to strengthen & broaden its Natural Resources Division (CAC NR) with three new hires focused on Mining, Claims, & Risk Management. Fred Smith joins the team from Willis, where he served as Senior Director and head of Willis’ U.S. Mining and Metals practice. Pete Krouse joins from…
Property-Related COVID Claims Update: I promised an update on the property-related COVID claims. It is coming! I’ve been focused on SPA…
We’re taking a break from COVID (but not from social distancing and wearing our masks!) to dig into D&O coverage considerations when it c…
Introduction: As this article goes to print, there have been over 170 SPAC IPOs in 2020. To say that SPAC transactions are “the hot thing” would be an understatement. With their increasing popularity, however, we are also starting to see an increase in securities liability claims and other potential claim scenarios that can arise from…
Is anyone else overwhelmed with the COVID business-related numbers and statistics we see every day? Add to that the fact that this is an…
DENVER, CO – October 13, 2020 CAC Specialty announces the establishment of its Analytics Practice with appointment of Nathan Baseman as Senior Vice President and Analytics Practice Leader. Most recently, Baseman was Director of Analytics for Lockton Companies, where he was responsible for strategy, research and planning for a national analytics teams that spanned both…
US TREASURY ISSUES GUIDANCE ON RANSOMWARE PAYMENTS AND SANCTIONS RISK NEW US TREASURY GUIDANCE HAS POTENTIAL CYBER RISK IMPLICATIONS The US Treasury, on October 1, 2020, released an advisory alert on potential sanctions for organizations regarding the payment of ransom during a ransomware incident. The risk of sanctions is tied to OFAC regulations and applies…
ATLANTA – GA – September 23, 2020 – CAC Specialty (“CAC”), building on its continued growth and success, announces the addition of Cameron Martin as Senior Vice President to the M&A Solutions Group, Katie Flynn as Senior Vice President to the M&A Solutions Group, and Erica Kasperkowiak, Senior Vice President of the newly created M&A…
DENVER, CO – September 22, 2020 – CAC Specialty announces the expansion of its Tax Insurance Practice with the appointment of Matt Movafaghi, Esq. as Senior Vice President. Most recently, Movafaghi was Senior Tax Counsel for Chevron Corporation, where he was responsible for implementing sophisticated tax planning strategies and advising management on the tax aspects of…