CAPTIVE AUDIENCE: Told he was “lucky to get a quote,” Newton Thomas of the Newtron Group opted to drop traditional workers’ compensation coverage and create his own captive insurance company. (Photo by Don Kadair) Early in the 1990s, the Newtron Group was facing a big price increase for workers’ compensation insurance, despite an excellent safety
Rising costs prompting some Baton Rouge businesses to create their own captive insurance companies
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