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
ClearPoint Health has introduced a new captive insurance strategy designed to address adverse risk retention and align employer member responsibilities with plan performance
Tennessee saw a 17 per cent growth in active cells and a 14.7 per cent overall growth in risk-bearing entities in 2024 from 2023
AM Best has revised its outlook to ‘positive’ from ‘stable’ for Fidvest US, a South Carolina-based pure captive owned by Fidelity Management & Research (FMR)
The US Internal Revenue Service (IRS) has won the latest microcaptive tax shelter case, involving Sani-Tech West and its captive, Clear Sky Insurance, created to cover shipping losses
Willis, a WTW business, has launched AdWrap, a master-controlled insurance programme tailored to meet the production insurance needs of businesses and their contracted vendors in the US
Aquarian Holdings has launched Aquarian Insurance Holdings to unify its reinsurance and retail insurance operations
The insurance-linked securities (ILS) market reached a record capacity of US$107 billion by the end of 2024, driven by retained earnings and new capital inflows, according to a recent AM Best report
