Markets/Coverages: Marsh Creates Cyber Group Captive for Clients Seeking More Stability in Insurance Programs March 25, 2024 Marsh, the insurance broker, risk adviser and a unit of Marsh McLennan, announced the creation of Edgware Re Ltd., a...
Missouri Captive Gross Written Premium Up 142% March 14, 2024 The Missouri Captive Insurance industry increased its gross written premium by 142% in 2023, the Missouri Department of Commerce and...
NCOIL Writes IRS, FTC on Rules it Says Infringe State Regulation July 3, 2023 By Chad Hemenway The National Council of Insurance Legislators last week urged the Internal Revenue Service and the Federal Trade Commission to reconsider...
Oklahoma Captive Program Grows 15% in 2022 March 2, 2023 The state of Oklahoma added 11 new captive insurance companies in 2022 and has already issued three additional captive insurer...
Takeaways from Our Conversation on Cannabis Captives February 9, 2023 By Don Jergler If you ask around about cannabis captives, you won’t find out much. It turns out there are few if any...
People Moves: Duffey at RPS, Drumwright at Starke Agency October 12, 2022 RPS Elevates Duffey as President of Signature Programs Risk Placement Services, a specialty insurance distributor, announced that Russell Duffey will...
U.S. Captive Market Thrives Amid Capacity, Pricing Challenges August 8, 2022 The U.S. captive insurance market segment continued to generate profits and surplus gains in 2021 while outperforming the commercial market,...
New Alabama Regs Kick in on Custodials, Clearing Co’s, Captives and Home Fortification July 18, 2022 The Alabama Department of Insurance has updated a number of regulations in keeping with the National Association of Insurance Commissioners’...
North Carolina Governor Signs Law Waiving Premium Taxes for Relocating Captives June 17, 2022 The battle for the captives continues. Not long after Tennessee regulators this year bragged about the number of captive insurers...
Washington Commissioner’s Captive Insurer Bill Signed into Law May 13, 2021 A bill to provide a framework to captive insurers doing business in Washington became law after Gov. Jay Inslee signed...