USA Risk Srvcs Inc

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Insurance, Auto Insurance, Boat & Marine Insurance

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(202) 471-5944Call Visit WebsiteVisit Website Map & DirectionsDirections2233 Wisconsin Ave NWWashington, DC 20007 Write a ReviewWrite Review

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Hours

Regular Hours

Mon - Thu:	8:00 am - 8:00 pm
Fri:	8:00 am - 5:00 pm

Places Near Washington with Insurance

Arlington (6 miles)
Chevy Chase (6 miles)
Bethesda (8 miles)
Silver Spring (9 miles)
Falls Church (10 miles)
Mc Lean (10 miles)
Hyattsville (12 miles)
Alexandria (13 miles)
Capitol Heights (14 miles)
Annandale (15 miles)

More Info

Extra Phones: Phone: (202) 471-4250
Payment method: cash, check, invoicing available, master card
Location: Georgetown Bldg
AKA: USA Risk Service Inc
Other Link: https://amtrustfinancial.com
Categories: Insurance, Auto Insurance, Boat & Marine Insurance, Business & Commercial Insurance, Health Insurance, Liability & Malpractice Insurance, Life Insurance, Workers Compensation & Disability Insurance

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Details

Phone: (202) 471-5944

Address: 2233 Wisconsin Ave NW, Washington, DC 20007

Website: https://amtrustfinancial.com

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USA Risk Srvcs Inc

Auto Insurance
Washington Insurance Commissioner Mike Kreidler fined Utah-domiciled captive insurance company Drico Insurance Company $1,000 for transacting business in Washington without being authorized to do so by Washington’s Office of the Insurance Commissioner. Drico has written property, liability, and auto insurance in Washington since 2018.
Inland Marine Insurance
Inland marine insurance: A broad form of insurance generally covering articles that may be transported from one place to another, including items normally covered on floater policies.

Title Insurance
Milliman is among the world’s largest independent actuarial and consulting firms. With more than 3,000 employees, the firm serves the full spectrum of business, governmental, and financial organizations. Milliman was founded in 1947 and today has offices in principal cities worldwide, covering markets in North America, Latin America, Europe, Asia and the Pacific, the Middle East, and Africa. Milliman’s property and casualty practice is among the largest in the world, providing actuarial, underwriting, and claims consulting services to insurers, corporations, and government agencies. Its mortgage insurance, title insurance, captive insurance, and M&A experts are recognized leaders in their respective fields. Services provided cover such diverse areas as captive feasibility studies, evaluation of loss and expense reserves, pricing and funding requirements, risk retention reviews, insurance management and operational reviews, financial analyses, claims consulting, and reinsurance issues.

Health and Life

Life Insurance
A second issue with § 831(b) captives is that they have attracted attention through a marketing blitz touting tax deductions, wealth transfer tax advantages, and tax-deductible funding for life insurance. Promoters are pushing tax reasons for forming a captive, and they are very convincing: avoiding the taxation of wealth transfer, the tax advantages of using them in estate planning, the purchase of tax-deductible life insurance, and even asset protection.
Health Insurance
A recently published article suggests using a health insurance analogy to explain the workings of captive insurance to those unfamiliar with the concept. In their article, "Captive Insurance: The Health Insurance Analogy," Joel S. Chansky and Michael C. Meehan of Milliman, Inc., acknowledge that captive insurance is a narrow niche.
Disability Insurance
Commutation clause: Provision in a reinsurance agreement that allows for payment of cash by one party to release the other from all future obligations to pay claims after a certain period of time. Common in long-term disability insurance, where the reinsurer wishes to settle and discharge all future obligations for claims that have a very long payment pattern. Also used in finite risk reinsurance.

Business Insurance
Business Insurance magazine, where he covered a variety of risk management and commercial insurance topics, focusing largely on captive insurance and alternative risk transfer. He provides articles for Captive.com and serves as coeditor of
Workers Compensation Insurance
In 1986, Congress responded to soaring rates in the commercial market and expanded the 1981 law to allow RRGs to offer all casualty coverages—except workers compensation—to member-owners. The original law limited the coverages RRGs could write to product liability and completed operations.
Professional Liability Insurance
Michael Maglaras & Company provides captive feasibility study, implementation, and insurance program plan design services for acute care hospital facilities, physician practices, managed care organizations, and others with medical professional liability insurance exposures. We are consultants, managing underwriters, risk management advisors, and catalysts for change.
Builders Risk Insurance
Builders risk: A type of fire insurance that indemnifies for loss of, or damage to, a building under construction; the loss must be caused by specified or named perils.

Liability Insurance
Excess insurance: Insurance over a self-insured retention or a primary insurance policy. If the latter, it only raises the limit but does not provide wider coverage, as does an umbrella policy.

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