Market News

Monty Joins the Team: VCIA's AI Assistant for Captive Insurance Insight

May 29, 2025

The Vermont Captive Insurance Association (VCIA) introduces Monty, an artificial intelligence–powered assistant designed to enhance member engagement and access to captive insurance information. Trained on industry-specific content, Monty supports users with compliance guidance, educational tools, and real-time responses, streamlining information access while reflecting VCIA's commitment to innovation and evolving digital member services. Read More


Premium Growth Slows as Market Softens in Most Property and Casualty Lines

May 28, 2025

Premiums rose 4.2 percent in the first quarter of 2025, slowing across most commercial property/casualty lines. Medium accounts and lines like cyber and D&O saw rate decreases. Litigation funding drove higher commercial auto and umbrella premiums. Increased insurer competition and exposure-based underwriting defined market trends, per the Council of Insurance Agents & Brokers. Read More


D&O Insurers See Best Loss Ratio in Years Amid Evolving Risks

May 28, 2025

US D&O insurers reported their strongest loss ratios in over a decade in 2024, driven by reserve releases and prior underwriting improvements. Despite premium declines, later-year gains and stable results could spur pricing pressure. AM Best warns of risks ahead, including artificial intelligence, cyber threats, and unresolved soft-market claims. Read More


MPL Sector Faces 10th Year of Underwriting Losses Amid Rising Verdicts

May 27, 2025

Medical professional liability (MPL) insurers recorded their 10th consecutive year of underwriting losses in 2024. However, net income more than doubled, driven by strong investment returns and capital gains. As nuclear verdicts and social inflation escalate, insurers are rethinking risk strategies and adapting to an increasingly complex liability landscape. Read More


Crawl, Walk, Then Run: Adding Nontraditional Captive Insurance Coverages

May 27, 2025

This article outlines a step-by-step approach to expanding captive insurance utilization beyond traditional risks. Through modeling, actuarial analysis, and financial evaluation, organizations can strategically assume more risk, improve cost-efficiency, and align their captive with broader business goals—all while managing exposure across evolving coverage lines. Read More