Market News
Insurance Commissioners Group Names 2024 Committee Leadership
The National Association of Insurance Commissioners has named its 2024 committee chairs and vice chairs. Read More
Overall Underwriting Loss Persists According to Recent 2023 Q3 Update
In a recent quarterly report, the Insurance Information Institute and Milliman revealed key insights into the property and casualty industry's performance. Read More
Oklahoma Captive Formations Continue To Rise
A significant number of new captives were licensed in 2023 in Oklahoma. In 2023, the Oklahoma Insurance Department licensed 20 new captives. With 6 captive dissolutions, Oklahoma total captive count rose to 59. Read More
Howden Launches Carbon Capture and Storage Leaks Insurance Product
Howden has introduced an insurance product for risks associated with carbon dioxide leakage from commercial-scale carbon capture and storage facilities. Read More
Guy Carpenter Introduces Cyber CatStop+ To Manage Risk Volatility
During the January 1 renewals, Guy Carpenter implemented CatStop+, a low-attaching cyber event reinsurance product with aggregate stop loss protection. Read More