Wow! Owning your own insurance company... That's an idea who's time has come - especially for businesses that are losing tons of money to pay for these increasing health-care insurance costs.
So, do you have a ballpark idea of what it actually takes to start up your own insurance company? How big does a business need to be, or what kind of money does it need to be making, in order for this kind of an arrangement to be worth the initial start-up costs?
It reminds me of stacking your own, physical silver & gold: "Be Your Own Bank." This is the kind of thing that can take a couple of generations to really get going, but it saves your family a ton of money in interest costs for loans on cars, houses, boats, whatever...
RE: Turning Sunk Costs Into Sunk Profits By Owning A Captive Insurance Company