Daily Briefs (July 28)

Honigman’s Robertson presents at SCCIA’s webinar series
Julie E. Robertson, Insurance and Regulatory Department chair and partner at Honigman Miller Schwartz and Cohn LLP (Honigman), was featured in the South Carolina Captive Insurance Association’s (SCCIA) webinar entitled, “Captive Tax: Hot Button Issues for the IRS and How to Prepare For Them.” The interactive online presentation discussed the trends  in recent IRS audits, including those challenging premium deductibility and addressing federal excise tax liability, as well as the steps necessary to prepare for these essential issues. The SCCIA’s mission is to provide advocacy, promotion and education for the stakeholders of the South Carolina captive insurance industry. 

Robertson concentrates her practice in the area of alternative risk financing with fifteen years of experience in representing taxable and tax-exempt organizations across the country in connection with alternative risk programs.

Furthermore, she has extensive experience with all aspects of captive insurance companies, self-insurance programs, risk purchasing groups, rent-a-captives and risk retention groups.

Robertson earned a J.D., cum laude, from  the Wayne State University Law School and is a member of the Order of the Coif. She received a B.A. from the University of Michigan.

Attorneys Title Agency enters into letter of intent to acquire Mt. Clemens-based Greco Title
Farmington Hills-based Attorneys Title Agency (ATA), a full-service title company providing comprehensive services throughout the state of Michigan, announced last week  that it has entered into a Letter of Intent with Mt. Clemens-based Philip F. Greco Title Company to acquire its current operations. ATA President William Robinson and Philip F. Greco Title Company President Philip E. Greco made the announcement.

The Letter of Intent, which was signed on July 15, 2010, will grow the ATA network to 25 office locations and more than 450 employees. Through the agreement, ATA will experience significant business opportunities throughout metropolitan Detroit.

By joining forces with ATA, the largest title insurance provider in the state of Michigan, Greco Title will have access to the company’s robust foreclosure and REO clientele, as well as significant administrative efficiencies.           

The projected closing date of the acquisition is third quarter 2010.

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