3 Things You Should Know About Captive Insurance

 

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Accidents happen, and businesses carry business insurance to pay for any damages or repairs that result from unexpected accidents. Companies may purchase general liability, income, commercial property, workers’ compensation and cybersecurity insurance. However, some businesses have risks that are not covered by traditional insurance companies, so these companies may seek captive insurance.  

Self-Insurance

Captive insurance companies are subsidiaries of a parent company, so the parent company owns and pays their premiums to their insurance company. Their purpose is to mitigate their parent company’s risk in areas that are not covered by traditional insurance, such as an oil spill in an offshore drilling company. These companies only provide captive insurance services to their owners. Typically, larger corporations create these insurance companies due to their administrative and overhead costs.

Taxes

The Internal Revenue Service requires that insurance companies distribute and shift their risks, and captives must also follow this rule. Many captives are located in tax havens, such as islands in the Caribbean, to gain additional tax benefits. For example, companies that start captives try to deduct the insurance premiums they pay to their captives from their taxes even though they are essentially paying themselves. This may be considered abusive tax evasion.

Asset Accumulation

Captives accumulate assets. These assets result in significant surpluses or reserves for policy claims. These insurance companies need to keep a portion of their assets in case of an emergency.

Because it is quick and easy to draw money out of a captive, companies may seek to cash out the surplus over the assets they are required to save. However, but this may have substantial tax implications, especially if this money is not used on a covered emergency. Therefore, these companies must weigh the benefits of drawing out the money against tax penalties.

Companies in high-risk fields may choose to create their own captive insurance company. However, they should weigh the advantages and disadvantages prior to withdrawing the captive’s assets.

4 Gifts Men Will Love

If you are looking for something to buy a man in your life, there are so many options to choose from that you would be forgiven for not knowing where to begin. No matter what the occasion might be or what relation the man is to you, there are many ways to approach this. Whether you find gift-buying to be stressful or you generally revel in it, either way it’s good to have a sense of what to buy. Let’s take a look at some of the best gift ideas for the men in your life.

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Self-Care Products

There is a real trend of male self-care products right now, and you could make use of this in buying something that your man is going to be able to use on himself. There are many to choose from, so whether you go down the skincare route or you end up getting him something for his facial hair, you can be sure it is going to be well appreciated. You can see beard products to discover what a great range there is, or you could simply go for something simple like a moisturizer. Either way, it’s going to go down very well indeed with most men.

Tools

Sometimes, the classic options are classic for a reason, and that is certainly true when it comes to buying a man some tools. If you know that there are certain tools that he needs, or you just want to take a risk and get something particular, then it could go down very well. Another way to approach this would be to get him a general toolbox, full of a wide range of tools that they could use at different times. That is bound to be something that they can get a lot of us out of at different times.

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Cooking Equipment

Many modern men love to cook, and if that is true of the man you are buying for, then you have so many options to choose from in this area. You might go down the grill or barbeque route, for instance, or you could look into getting him some high-quality utensils or even a knife block with great knives. Or you could think about getting something you know they have been wanting, whether it’s a griddle pan or a set of wine glasses. Anything for the kitchen is generally going to be well appreciated by most men today.

Experiences

Maybe you want to try and find him some kind of experience to do instead, as this is often a great way to ensure that the gift is appreciated and that it lasts a long time in memory. If there is some kind of experience that they have always wanted to do - gliding, bungee jumping, skydiving, riding in a hot air balloon - then that is a great way to go. If not, you can surprise them with something original and just hope for the best.

How to Effectively Create a Pet-Friendly Home

Maintaining a clean and stylish home, even with animals indoors, is possible. Check out these tips on making your home as pet-friendly as possible.

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Keeping the house clean and orderly can be extra challenging for pet owners. Animals have a mind of their own, and even the most effective dog training will not stop a pet from being, well, a pet. Still, pet owners will do anything for their furry kids, even if it means making adjustments to their homes and lifestyle to keep the pets safe and happy.

Having animal hair all furniture and clothes, bites and scratches on stuff, stains on the carpet - there are only some common problems that pet owners face in the household. These can be solved with the right planning and materials. Coupled with lots of love and effort, you can maintain a clean and stylish home even when you have pets in the house. Here are some tips on making your home as pet-friendly as possible:

Buy Pet-Friendly Furniture

Upholstered or slip-covered furniture and pets do not blend well together. That is why if you have pets staying indoors, having furniture made of stain-resistant fabric is essential. Certain materials are more susceptible to stains and stinky odors, which can make your couch unpleasant to sit or sleep on. Do away with fabrics such as silk, velvet, and tweed and opt for leather, synthetic microfiber, and materials made for outdoors. Also, choose fabrics in darker colors instead of white or beige.

Use Pet-Specific Items That Will Blend Well with Your Interiors

Cat litter boxes and dog crates are functional items that your pets need, but they look out of place with your home's interior. The solution is incorporating them with existing furnishings to make them blend seamlessly with your theme. Instead of using just the litter box, you can create a litter box cabinet where your cat come and go when the need arises. It also hides the litter box well and lessens odors and mess that comes with it.

Dog crates are mostly large and bulky, which makes it harder to hide. Why not create a kitchen island that has a space below that can serve as the dog crate? That is a stylish and space-saving solution that your pet will love.

Put Screens on Your Windows

If you have a two-story house or higher and have cats in the house, it's best to install screens on your windows to protect your felines from injuries. Cats go in and out of windows, and a lot of them get injured when they jump from higher grounds. Screened windows should be enough to keep the cats in and force them to use the door instead.

Avoid Having Carpeted Floors

Carpets will absorb stains and odors that come naturally from having pets in the house. Opt for ceramic tile or porcelain flooring instead, which are highly resistant to scratches and stains. If you have to use rugs, get ones that are washable and made of durable fabric. You don't want to end up wasting good mats on dogs and cats who will inevitably scratch them.

Use Trash Cans with Lids

If you have dogs, you know too well the probability of having trash strewn across your floor or lawn. Dogs have a knack for rolling around in garbage and other smelly stuff. To discourage your pooches from rummaging through the garbage, use trash cans with lids, especially for your kitchen, pantry, and bathrooms. If you can, place these garbage cans behind a kitchen cabinet or other closed-off areas to keep them safe from your dogs.

Create a "Mud Room"

Nothing beats seeing the pure joy on your dog's face when running around outdoors, especially in muddy areas. The problem arises when the dog re-enters your home with his dirty or muddy paws. One way to solve this problem is to designate a place in your house where your dog can clean off before entering the rest of the house. An existing laundry room will be perfect for this purpose, where you can also keep your dog supplies along with the dog shower.

Make Modifications to Curb Your Pet's Behavior

Cats will always love to climb and seek higher places to perch on. If your home lacks the space for him to do it, he will try to go outside, which is a problem if you want to keep your kitty strictly indoors. Arranging your furniture can solve this - you can have cat shelves installed, which allows them to prowl and climb all they want while still confined indoors. Even better is making them a cat patio outfitted with screen walls. That will effectively contain them while being outdoors technically.

With these ideas in mind, you can prepare a house for your furry family member. This way, you can ensure their safety and health, even without your supervision.

How Frontliner Moms Get by Every day and How We Can Help

Each of us is struggling in this pandemic. Some are battling poor mental health, difficulties in online classes, work-from-home demands, family issues, or others. But the medical frontliners, especially the moms, could have it the worst. 

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Your hardships aren't invalidated, of course. Each of us goes through things differently, but the fact that frontliners work the hardest during this time is undeniable. They've been sacrificing the comforts of home for months now. Their well-being is also affected due to continuously rising cases and deaths.

Frontliners themselves come up with ways to uplift each other and their patients. Various organizations in different countries also make donations to them or visit them personally to increase their morale.

But while these actions are comforting to frontliners, they may only offer short-term joy. The things that'll benefit them more are increased support from their employers, a compassionate government, and cooperative citizens.

That said, let's see what can be done for frontliners to receive those urgent needs.

Support From Employers

Since classes are already beginning, one of the most urgent needs of frontliner moms is child care support. What employers can do is to reach out to public officials and ask for plans on long-term child care support.

Even if schools are only held virtually, young children will still need the guidance of their parents. They're too young to manage on their own yet. To address this, health care employers, together with appropriate organizations, can collaborate with the local government that can then partner with a local school district to open some classrooms for affected children, for example. And as it goes without saying, the schools should also develop plans to prevent viral infections.

Employers should also get feedback from their workers. They can only find out their exact needs by hearing it from them. A data collection survey software can help them do this, provided that they follow up each cited issue with action.

Allowing flexible work schedules is also immensely helpful, particularly to cleaners, security officers, and some nurses. Also, employers and employees must strive to achieve better work-life harmony. The higher-ups should understand the challenges faced by their frontliners better, then optimize work processes and improve their welfare.

And though giving excessive workloads tends to be inevitable these days, employers still have to be mindful about it. They must respect their frontliners' rest hours and day-offs.

How Frontliner Moms are Getting By

Every frontliner mother faces a different challenge. Some are lucky to be helped by their spouses in caring for their kids. Others have to sacrifice even more sleep to nurse their infant child.

But a struggle that all moms can relate to is the "mom guilt." They tend to feel remorseful while they're at work and their kids are staying at home. But according to physician moms, vigilance and preparation are essential to their jobs of being a mother and frontliner. Dr. Courtney Howard, a Canadian emergency doctor, is always ready to take action, even while facing a sense of impending doom.

It's saddening that a cure to COVID-19 is yet to be administered, so the least we can do while waiting for it is to cooperate with the health protocols and heed the plea of frontliners. The faster we flatten the curve, the sooner the moms can be reunited with their children. And of course, employers should regularly check in with their employees and immediately address their concerns.

Survive the Heatwave without Breaking a Sweat

Summer is coming and heatwaves in Australia are reaching record highs. In 2019, Nullarbor and Adelaide recorded temperatures of 49.9°C and 45.3°C, while temperatures in cooler cities like Brisbane and Sydney went up to 41°C and 42.4°C. Expect next summer to be the same and make a few changes to weather the heatwaves. 

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Insulate

Outside temperatures shouldn't matter if your house is well-insulated. With proper insulation, temperatures inside your house can stay cooler than outside temperatures by 5-10°C, and that's without air conditioning. Prioritize insulating your roofing. Sun hits your roof more than any part of your house and it is generally the place with the highest rate of heat transfer. Minimizing heat transfer also reduces the stress on your air conditioning system. 

It won't be working as hard and would reduce your electrical consumption. Proper insulation has been noted to cut electricity bills by as high as 30 percent, so your investment on insulating your roof should pay off in just a few months. Roofing insulation can last up to 15 years so a bit of money should solve your heatwave problems for years to come. Aside from your roof, make sure to inspect your house's vents and other openings to reduce unchecked heat transfer. 

Get Some Shade

Direct sunlight is the primary cause of heating. Adding shade or extending your house's shade should reduce the temperature of the immediate area around your house. Plant a few fruit trees in line with the sun or buy full-grown ones and have them replanted. You can also build an insulated patio to add some shade near your doors or windows. A patio will allow you to spend some time outside the house if you feeling cooped up, and you'll still be protected from the heat and the sun's harmful ultraviolet rays. While patios are excellent during the summer, you can use them any time of the year when entertaining guests, hosting a barbecue, or just lounging around by yourself with a good book.

Don't Let the Sunlight In

Glass windows and doors serve as ports that let sunlight and heat inside your home. Houses with exceptionally large windows are vulnerable to heat transfer and absorbed heat can stay up even when the sun goes down. If you want to keep it cool, you'll need to add a few shades or heavy curtains to keep sunlight out. Shades and curtains are simple solutions and you can always take them down when summer ends. 

A more high-tech option is smart glass or switchable glass. These modern glass marvels can turn opaque with a switch, allowing you to regulate the amount of light entering your home but they do come with a hefty price. A less expensive option is UV-filtering film. UV film can reduce the heat entering your windows by close to 75 percent and they also keep your house safe from harmful UV radiation.

With climate change, expect heat waves to be the norm. Adjust to the changing times by making a few changes in your house that will make it resilient to extreme outside temperatures to keep your family safe and comfortable.

Passing The Time When You've Got Nothing Else To Do

There comes those moments in our lives, when we’ve accomplished all of our tasks, and we have nothing else to get on with, and we’re stuck with a little period of time before we move on to do something else. Maybe you’ve got half an hour before picking the kids up, or an hour before going to work, and you’re not quite sure what to do with yourself. You don’t usually get these little moments of freedom, after all!

So when they do hit, it’s time to take some time for yourself, and do something enjoyable and/or relaxing. And if you’re in need of a few pointers right now, here are some things you might want to get on with.

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Pick Up a Book

A book is a great way to pass the time, thanks to the abundance of books on offer to us, and the amount of stories we all enjoy getting into. And if you’ve got a bookshelf of neglected paperbacks to get on with, taking the 20 minutes you’ve got right now to get stuck into the first chapter is very beneficial for you. 

Sure, you may not want to put the book down once your free time comes to an end, but you can always pick it up again later. And this is a good excuse to buy some cute bookmarks as well! 

Play Some Mini Games

If you’re bored and have a few minutes, why not make good use of your internet connection with some commitment free and fun gaming? Mini games are free to play, and all you have to do is search for the website they’re hosted on. Plus, a whole bunch of them can even be played on phones nowadays, thanks to an upgrade in modern tech! 

Any and all kinds of mini games can be found online, including bus games, racing games, dress up games, stickman games, and even story games you might find yourself coming back to… Either way, you’ve got some time to kill, and you want to have fun whilst you do so, so load up that laptop! 

Even a Nap Works! 

And if you’ve got half an hour, why not fit a power nap in, before you have to get back in the car and go elsewhere? After all, it’s very good for your body to have a bit more sleep every now and then, and all those biphasic sleepers across the globe can’t be wrong! 

So go grab a blanket, snuggle down into the sofa, and get 40 winks while you have the chance to. Recharging is always good for you, no matter what anyone else says. 

If you’ve got a bit of time to spare, and don’t know what to do with yourself, why not make good use of ideas like those listed above? Until you settle into this new found freedom, it could be a good idea to pass the time a little constructively in a more relaxed manner. 

Hacks to Have a Wreck-Free, Pet-Friendly Garden

We all love our pets; they're like family. But, sometimes, it can be a problem when you can't control what they do outside your home or even on your lawn. If you're considering turning your simple backyard into a luscious garden but concerned about having plants that either may be toxic to your pets or that they may destroy, here are some helpful tips to keep in mind while you make your choices.

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Plant Safe But Pet-Repellent Plants

There are some plants that cats and/or dogs seem to dislike a lot. But remember, they don't like them for a reason, and whatever it is, if they've accidentally ingested too much of it, there will be consequences-not deadly but unpleasant for the pet. So, it's a good idea to pick your plants carefully and create boundaries for your pet whenever they're in the garden. Here are some plants to consider.

Prickly, Thorny Plants -They may not be the friendliest of plants, but they can make for a useful barrier between pets and areas in the garden you want them to avoid. Rose bushes, Prickly Pear, or succulents are good but avoid Aloe Vera, Crown of Thorns (Euphorbia Milii), and the Jade Plant (Crassula Ovata), to name a few, as these are toxic to pets.

Scaredy Cat (Coleus Canina) -Neighborhood cats and dogs will learn to avoid your garden, not to mention the occasional rabbit and fox, if you plant these around. When brushed or broken, the leaves and stem of this perennial plant release a foul odor similar to a skunk spray.

Herbs -Often, pets don't like the smell of some plant herbs, so they leave them alone. These herbs include Rosemary, Lavender, Citronella, Thyme, Sage, Bergamot, Basil, Cilantro, and Catmint. The latter you use not to repel them but distract and redirect them away from your more precious plants.

Citrus Plants -Most dogs don't like the strong smell of citrus, but you'd need a few of these trees planted together and producing fruit in a few years before the smell becomes unpleasant to them. Perhaps scattering some lemon, orange, lime, or grapefruit peel will do the trick in the meantime.

Crushed Red Pepper- Pets don't appreciate the scent of this strong spice. It's best to have the powder sprinkled around the garden area to repel dogs or cats or other nocturnal visitors to your garden. But avoid applying them on the leaves of your plants.

Avoid Toxic Plants

It's surprising how many dangerous plants your pets are exposed to-lilies, daffodils, foxgloves, tulips, chrysanthemums, and ivy, etc. There's a detailed list of toxic (and non-toxic) plants on the ASPCA page that can help you decide which pet-safe plants to add to your garden.

Designate a Bathroom Area

Build an area for your pets to relieve themselves. Training them to use this spot away from your garden will prevent them from having their way with your plants. Before you start building, it's vital to choose pet-friendly surfaces like cedar mulch and pea pebbles.

Choose a Safe Ground Cover

Depending on the type of dog you have, it may be worthwhile considering your options for ground turf. It doesn't have to be real grass if you don't feel like you'll have the time to maintain it properly. You can choose from either artificial turf cover lawns, or mulch. Check to make sure whichever one you decide to pick is appropriate for the size of your dog.

Elevate Your Sprinklers

If you decide to install automated sprinklers, make sure their position is elevated enough that it protects your water mechanism from being dug out by your fun-loving, dirt-digging dog.

Build a Digging Pit

This is good protection for your garden and lots of fun for your pet. No matter how you decide to build the digging pit, it's important to remember that it has to be covered overnight, or some cat will think it's a litter box specially made for them.

Apart from the smaller plants, it's important to look at the condition of the trees in your yard. Are some of them looking a bit worse for wear? Maybe it's time to get an arborist to check the health and safety of its bark and branches. If the branches are no longer sturdy or the tree is rotting at the base from a fungal infection, it may be time to have the tree removed and replaced with a healthier one.

More importantly, with thorough research and proper care, you can have a garden that will be a haven of small delights that you and your loved ones can enjoy for years to come.

The Warning Signs Of An Electrical Fire

 

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Electrical fires are one of the most common household fires. Such a fire could cause huge damage to your home and put you and your household at risk. For this reason, it can be useful to know the warning signs so that you can take preventative action. Below are just some of the major warning signs. 

Unidentifiable burning smells

An unidentifiable burning smell could be coming from your electrics. Heat from worn wiring could be causing the surroundings to burn. By tracing the source of the smell, you may be able to determine whether it’s coming from something electrical.

Buzzing electrical sockets

If electrical sockets are making an odd noise such as a hum or a buzz, it could be another sign that the wiring is worn and at risk of causing a fire. Strange sounds aren’t always dangerous, but are still worth looking into. 

Discoloured/charred outlets

You should also look out for electrical outlets that seem discoloured or charred on the outside. This could be a sign that burning has already started to take place and that a fire could be around the corner.

Circuit breakers tripping

If your circuit breaker keeps tripping it could be any number of electrical faults. A tripping circuit breaker is common in homes with old wiring and could be a sign of damaged electrics. An electrical fire could occur as a result.

Visibly old/worn wiring

Is there any wiring in your home that looks visibly damaged or old? Perhaps the wire casing has worn away or perhaps your wiring looks messy and amateurishly done. This could also be worth looking into - damaged wiring could be the cause of a potential electrical fire in the future.

How to prevent an electrical fire

If you spot any of the warning signs listed above, you should hire an electrician to take a look immediately. Fixing the problem could help to prevent any electrical fires in the future.

Electrical work can be expensive, which can put some people off. If you haven’t got any funds to pay for electrical repairs, you could consider looking into payday loans and other borrowing methods. Alternatively, some electrical companies may offer the option to pay in installments. 

That said, if it’s just a single outlet that needs fixing, you may find that the cost is quite low. It’s only if you have to think about rewiring your whole home that you may want to worry about the cost. If you’ve got very old wiring, as costly as it may be, it could be worth it - there could be other hidden electrical dangers in your home. 

There are other fire safety measures that you can take to help prevent a fire. These could include making sure that extension packs aren’t overloaded and that electrical appliances are kept away from water sources. It’s also worth avoiding any DIY electrics in your home, unless you really know what you’re doing. 

Non-embarrassing Ways to Get Some Quick Cash

It is not unusual to hear of people doing some strange things in order to earn some cash. Whether is selling plasma or being a sperm donor, you may not want these experiences in your life history as you figure out how to pay for much-needed car repairs. Fortunately, there are a few other ways to legitimately line your pockets when you need it the most.

Apply for a Loan

It’s not always the most ideal, especially if you struggle to make ends meet with your current budget, but short term loans Mississippi companies offer may be the help you need. If you have good credit or something of value that can be used as collateral, you may have no problem getting approved for a loan.

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Sell Your Things

You probably don’t realize how many things of value you own that can be sold for extra cash. Stocks or mutual funds that aren’t attached to your retirement account or an option, or you could sell old smartphones or an extra vehicle. If you search the house for items to sell, you benefit from having a house that been de-cluttered and cleaned out.

Check With Community Organizations

There are many places in the community that provide assistance to those in need. You may have to call around to find a church or organization that can help with a utility bill, or your employer may have an emergency fund that employees can borrow from.

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Plead With Family and Friends

It may take a little humbling, but an unexpected medical crisis or home repair isn’t something to be ashamed of. Your friends and family may be thrilled to offer assistance, whether in the form of a loan or simply sending you some money.

When you fall on hard times or you struggle to make the payment on your mortgage, there are many places you can go for financial assistance. These happen to be some of the least embarrassing options.

Prep Your Home for Winter

With fall weather upon us, now is a good time to start planning your home maintenance so it's ready for the colder weather. Before you begin, here are a few items you should add to your to-do list to ensure you're ready for the winter when it arrives. 

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Check Your HVAC

To keep your HVAC system in good condition, it's a good idea to have it serviced each year. Before cooler weather settles in for the season, have an HVAC contractor come out to inspect and clean your system so that it continues to run optimally during the long winter months. 

Clean Your Gutters

Once the leaves start falling, you'll want to set aside some time to clean your gutters so they don't get clogged, which can cause them to back up or overflow. While you're cleaning them out, give them a good inspection to see if they're still in good condition. If they're in disrepair or have seen excessive wear, it's time to call for gutter replacement St Louis.

Seal Your Home

Before cold, damp weather arrives, you should seal off your home to protect it from the elements. Take the time to walk around your home and caulk around windows and doors to prevent energy loss. Sealing around your home also prevents critters from making their way into your home during the winter, which can lead to infestation. You may also want to consider sealing your driveway if it's pavement to prevent cracking during the colder months. 

Close Your Pool 

If you have a pool, you should be sure to have it cleaned, drained, inspected, and closed up well before winter arrives. While you're having your pool shut down, have your sprinkler system winterized as well to prevent blown lines when the ground freezes. 

With these items crossed off your fall maintenance to-do list, you'll be ready to relax when winter arrives and rest easy knowing your home is prepared for winter's arrival.