Market News

AM Best: US P&C Upgrades Outpace Downgrades in 2025

March 20, 2026

AM Best reported that US property and casualty (P&C) insurers saw rating upgrades exceed downgrades in 2025, driven by strong commercial lines performance. Despite ongoing pressures from inflation, catastrophe losses, and rising reinsurance costs, most rating actions were affirmations, reflecting overall industry stability and improved operating results. Read More


Tennessee Reports 6th Year of Captive Insurance Growth

March 19, 2026

Tennessee reported a 6th consecutive year of captive insurance growth in 2025, adding new captives and cells while increasing premiums and risk-bearing entities. State officials credited regulatory strength and customer-focused oversight for the expansion, positioning Tennessee as a leading domicile for businesses seeking alternative risk financing solutions across industry sectors. Read More


Captive Insurance and Cyber Risk: Delaware's Approach

March 18, 2026

Delaware's captive insurance program is enabling organizations to address evolving cyber risks through flexible structures such as series captives. As commercial coverage remains costly and constrained, captives provide greater control over pricing, coverage, and risk management, while supporting emerging exposures, including systemic cyber events, artificial intelligence risks, and operational technology vulnerabilities. Read More


Milford Street Captive Highlights Litigation Strain in NYC Housing

March 17, 2026

Milford Street Captive Insurance Company released data showing affordable housing in New York City (NYC) faces disproportionately high litigation, driving significant insurance costs. The findings highlight how increased claims activity and limited insurer capacity are straining the market and reinforcing the role of captive insurance in stabilizing coverage for housing providers. Read More


VCIA Highlights Advocacy, Membership Growth, and Education in 2025 Impact Report

March 16, 2026

The Vermont Captive Insurance Association's 2025 Impact Report outlines membership growth, advocacy efforts, educational programming, and conference engagement. The report highlights VCIA's role in supporting captive insurance through policy engagement, professional education, and expanded member initiatives while reinforcing Vermont's leadership as a global captive insurance domicile. Read More