Market News

January Sees Premium Increases Across Most Commercial Insurance Lines

February 9, 2024

Year over year, all lines of commercial insurance experienced increases in their premium renewal rate in January 2024, according to the "Ivans Index." Read More


Captive Insurance Company Formations in Utah Continue To Thrive

February 9, 2024

In 2023, Utah licensed 50 captive insurers, which includes 38 stand-alone captives and 12 cell captives, bringing the domicile's total captive count to 433. Read More


February "CICR" Looks at AI Applications for Captive Insurance

February 8, 2024

Don't miss the February issue of "Captive Insurance Company Reports" ("CICR"), which looks at the growing application of artificial intelligence (AI) across a variety of businesses—including captive insurance. Read More


Premium Increases Continued Across All Commercial Lines in Q4

February 8, 2024

Compared to the third quarter, the fourth quarter of 2023 saw increases in average premium renewal rate changes across all major commercial insurance lines Read More


DARAG Acquires Hawaii Captive in Workers Compensation Transaction

February 6, 2024

DARAG Group, a legacy acquirer, has finalized the acquisition of a Hawaii captive insurance company. Read More