Is private insurance a better bet for some small businesses?
Five years ago, business owners likely wouldn’t have insured themselves against the possibility of a once-in-a-century pandemic (and the domino effect of government shutdowns that ensued). In 2020, every small business owner has come to recognize the importance of planning ahead for the unexpected. Bruce Willey explains in Kiplinger why captive insurance is one of the best ways to mitigate legitimate risks to your business.