Global commercial insurance rates saw an increase of 13 per cent in the fourth quarter of 2021, indicating a continued trend of moderating rate increases, according to Marsh’s Global Insurance Market Index
Specialty insurance brokerage One80 Intermediaries has acquired Innovative Risk Management, a programme manager providing captive and alternative risk solutions to agents, brokers and self-insured entities
International Group Program has launched a centre of expertise for innovative global employee benefits solutions, including reinsurance to captive and global underwriting programmes
Insurance and financial services firm Higginbotham has acquired J.M. Insurance Agency, an independent broker of property and casualty insurance, workers’ compensation and employee benefits
The Captive Insurance Companies Association has named the three finalist teams in its essay contest for risk management and insurance college students, sponsored by Strategic Risk Solutions
Global Cannabis Applications Corp has signed a letter of intent to acquire 33 per cent of Blue Anchor Risk Solutions’ cell captive insurance company focused on cannabis growth operations in South Africa
The Office of Chief Counsel of the Internal Revenue Service has revealed its plans to hire as many as 200 new attorneys as part of the agency’s contest with “abusive arrangements"
