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XN Captive rebrands as Luzern Risk with US$12m funding
09 April 2025
Reporter Diana Bui

XN Captive has rebranded as Luzern Risk and secured US$12 million in Series A funding from Caffeinated Capital to support its mission of digitising captive insurance for the underserved middle market

831(b) Institute urges IRS for extension on micro-captive reporting rules
08 April 2025
Reporter Diana Bui

The 831(b) Institute has called on the Internal Revenue Service (IRS) to extend the deadline for new reporting regulations under Section 831(b) of the Internal Revenue Code

AM Best revises NASWIC ratings outlook to ‘negative’
07 April 2025
Reporter Diana Bui

AM Best has revised its under review status for NASW Insurance Company (NASWIC), a captive insurer wholly owned by the National Association of Social Workers (NASW), shifting the outlook from developing to ‘negative’

DPS seeks to block US$1.2bn captive insurance deal
04 April 2025
Reporter Diana Bui

Dorset Peak Solutions (DPS) has filed for a restraining order to block Oxford Risk Management Group from proceeding with a restructuring of its Bermuda-based captive insurance operations

Cheatham promoted to AVP at Skyward Specialty Insurance
04 April 2025
Reporter Diana Bui

Justin D. Cheatham has been promoted to assistant vice president (AVP) from underwriting manager, Programs & Captives, at Skyward Specialty Insurance

Marsh McLennan Agency acquires Arthur Hall Insurance
03 April 2025
Reporter Diana Bui

Based in Pennsylvania, Arthur Hall provides commercial and personal lines expertise to clients across the US

SCDOI names Noga as Director of Captives
03 April 2025
Reporter Diana Bui

Bringing over thirty years insurance industry experience, Andy Noga was senior vice president and general counsel of GuideOne Insurance Group

Arkansas passes bill to establish public sector captive
02 April 2025
Reporter Diana Bui

The Arkansas House of Representatives has passed legislation to establish a state-owned captive insurance company to provide property cover for public schools, colleges, universities and state-owned buildings

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