December 22, 2015 (Houston, TX) - Capstone's CEO and General Counsel, Stewart A. Feldman earned top accolades this week by the industry publication Captive Review, making the "Enterprise Risk Captive (ERC) Pioneers" List. The list recognizes the top 20 in the captive industry in the United States. Last year, Capstone and Stewart Feldman were recognized as #26 of the top 50 in the captive industry worldwide.
The middle market is the fastest-growing segment of the captive insurance industry, and Capstone, along with its affiliated law firm, The Feldman Law Firm LLP, is leading the charge for higher standards in captive planning.
"We're excited to have been recognized once again by Captive Review and by the larger captive community as being a leader in the alternative risk planning space," said Stewart A. Feldman. "As the industry evolves, we will continue to demonstrate excellence and sophistication in the design, implementation, and ongoing management of captives. Team Capstone appreciates the recognition."
"Smaller captives" are generally defined as those writing less than $1.2 million in annual premiums, allowing them to qualify for the IRC 831(b) tax election. With the new tax legislation enacted by Congress late last week and signed by the President immediately thereafter, the annual premium limit will rise to $2.2 million in 2017 while ownership by multiple generations has become muddled.
For more information on Capstone's 17-year work history in forming and operating captives, please contact a member of its executive team.