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IMAC announces Cayman Captive Forum 2026 agenda

The Insurance Managers Association of Cayman (IMAC) announces the agenda for the 2026 Cayman Captive Forum, to be held at the Ritz-Carlton Grand Cayman from 1 to 3 December.

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Captive Resources names Curry head of health solutions underwriting

Captive Resources appoints Andy Curry as head of health solutions underwriting.

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Sedgwick launches carrier and captive solutions unit

Sedgwick launches Carrier and Captive Solutions, a new entity providing claims administration and related services to carriers, captives, risk retention groups, managing general agents and managing general underwriters.

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AM Best withdraws ratings of Elevance Health's Hawaii captive

AM Best affirms and then withdraws the credit ratings of WellPoint Insurance Services, Inc., the Hawaii-domiciled captive of Elevance Health, at the company's request.

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Braxtone Group launches technology division

Braxtone Group launches Braxtone Digital, an IT and digital transformation division led by Tarik Judeh.

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Bermuda registers three captive-class insurers in August

The Bermuda Monetary Authority (BMA) confirms four new registrations for August 2026: three insurers and one broker.

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Erdman joins Lockton alternative risk practice

Caroline Erdman joins Lockton's alternative risk solutions practice as an alternative risk consultant, moving from Hylant.

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Boon-Chapman appoints Jobe, promotes Henry

Boon-Chapman appoints Justin Jobe as senior vice president, sales, and promotes Jennifer Henry to senior vice president, global business process outsourcing (BPO) sales.

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Louisiana adopts captive regulation under CHOICES Law

The Louisiana Department of Insurance promulgates Regulation 139, setting out the rules and procedural requirements for captive insurance companies and risk retention groups domiciled in the state.

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Tennessee sets hearing on captive rules overhaul

The Tennessee Department of Commerce and Insurance is to hold a rulemaking hearing on 20 October on proposed changes to the rules governing Tennessee captive insurance companies.

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BMA targets fourth quarter for parametric insurer class

The Bermuda Monetary Authority is drafting an amendment to the Insurance Act 1978 to implement its proposed Parametric Special Purpose Insurer (PSPI) class in the fourth quarter of 2026, and intends to publish comprehensive guidance at the same time.

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Verve Risk Services launches financial institutions division

Verve Risk Services launches Verve Financial Institutions, a new division at the London managing general agent, and appoints Steve Redding as head of financial institutions to lead it.

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