Market News

The September issue of "Captive Insurance Company Reports" ("CICR") examines how captives support parent company missions and highlights insights from North Carolina's domicile, artificial intelligence governance frameworks, proposed § 831(b) reforms, Marsh's 2025 benchmarking study, and AM Best's reinsurance market briefing. Subscribers can access the full issue via Vertafore ReferenceConnect or IRMI Online. Read More

As baby boomer-owned construction companies seek succession options, many are turning to employee stock ownership plans (ESOPs) and captive insurance. These strategies offer aligned benefits—enhancing risk management, supporting employee ownership, and securing long-term stability—making them ideal tools for companies navigating liquidity events, labor market challenges, and the industry's inherent operational risks. Read More

The August 2025 "Ivans Index" reveals continued year-over-year premium increases across most major commercial lines, while workers compensation remains in decline. Month-over-month trends were mixed, with notable increases in general liability and umbrella renewal rates. The index reflects market-wide premium shifts based on over 120 million insurance transactions. Read More

US property-casualty insurers reported $11.5 billion in underwriting gains for the first half of 2025. Despite wildfire-driven losses in the first quarter, improved rates and stable second quarter results led to a better combined ratio. Surplus remains high, though inflation, weather volatility, and ongoing risk trends continue to pressure long-term profitability. Read More

The Tennessee Department of Commerce and Insurance reported continued growth in its captive insurance market, licensing 12 new captives and 95 new cells in 2024. Commissioner Carter Lawrence highlighted state support, while leadership promotions and the addition of analyst Jarail Butler strengthen the team's ability to foster innovation and industry expansion. Read More