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Explore how prisons adapted communication during COVID-19 and the challenges faced by prisoners and their families, emphasizing impacts and innovations.
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What is captive families?
Captive families refer to a type of insurance company that is created and owned by a parent company or group to insure the risks of that company and its affiliates.
Who is required to file captive families?
Entities that have established a captive insurance company to insure their own risks or the risks of their affiliates are required to file captive families.
How to fill out captive families?
To fill out captive families, one must complete specific forms as required by regulatory authorities, providing detailed information about the captive's structure, operations, and financials.
What is the purpose of captive families?
The purpose of captive families is to provide more control over insurance costs, risk management, and coverage customization for the parent company and its subsidiaries.
What information must be reported on captive families?
Information that must be reported includes the financial performance of the captive, its underwriting activities, loss reserves, and investment income.
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