Market News

Tennessee's captive insurance sector continued to expand, with premium volume exceeding $4.6 billion and new captive formations adding to the state's growth momentum. In a recent newsletter, Tennessee Department of Commerce & Insurance officials highlighted year-over-year increases in captives, cells, and risk-bearing entities, while also announcing additions to the captive insurance team. Read More

The North Carolina Captive Insurance Association's (NCCIA's) May newsletter highlighted legislative advocacy, federal outreach, conference growth, and new sponsorship support from First Citizens Bank. NCCIA also shared updates on North Carolina legislative developments, exhibitor opportunities, and preparations for its annual conference in Charlotte, reflecting continued momentum in the captive insurance industry. Read More

Collateral provides financial security for future obligations within captive insurance and reinsurance arrangements. Common forms include letters of credit and insurance trust funds. In captive insurance programs, collateral is frequently required by fronting insurers and reinsurers to reduce credit risk and secure unpaid claim liabilities and reimbursement obligations. Read More

Hawaii is celebrating 40 years as a global leader in captive insurance, with 274 active captive insurance companies and more than $18 billion in premiums written last year. State officials highlighted the industry's economic impact, regulatory framework, and continued investment in innovation, including a new pilot risk-based supervisory model. Read More

The National Oceanic and Atmospheric Administration (NOAA) predicts a below-normal 2026 Atlantic hurricane season, forecasting 8 to 14 named storms and up to 3 major hurricanes. Officials cited expected El Niño conditions as a limiting factor but warned preparedness remains critical. NOAA also announced expanded forecasting tools, artificial-intelligence-based modeling, and new storm surge and flood mapping capabilities. Read More