Market News

WTW's 2025 Global Construction Rate Trend Report details insurance market conditions worldwide, noting softening rates, skilled labor shortages, rising material costs, and region-specific underwriting challenges. The report emphasizes the importance of strong risk management practices and data transparency in navigating shifting insurance dynamics across construction sectors. Read More

Captive insurance is a strategic tool for organizations to manage employee benefits, control healthcare costs, and handle long-term liabilities like pensions. By using captives, companies can create tailored solutions, streamline renewals, and achieve cost savings, all while maintaining flexibility, transparency, and better alignment with organizational goals. Read More

The North Carolina Captive Insurance Association updated its visual identity to align with organizational changes and long-term strategic planning. The refreshed branding reflects the association’s continued development as it enters its second decade representing the captive insurance industry in North Carolina. Read More

Construction companies are increasingly turning to captive insurance to manage rising costs and evolving risks. This article explores trends in construction captives, including expanded coverages, regulatory scrutiny, and growing interest in group and cell structures. Captives offer flexibility and financial control amid challenges like design-build liability and supply chain volatility. Read More

IRMI's webinar, presented by Dr. Robert P. Hartwig, provides insights into key 2025 insurance trends. Topics include premium growth, underwriting performance, catastrophe losses, regulatory developments, and economic factors affecting the property-casualty industry. The session highlights challenges like inflation, capacity constraints, and legal system abuse impacting insurers' profitability. Read More