Market News
Vermont Marks the Licensing of its 1,200th Captive Insurance Company
Vermont has licensed its 1,200th captive insurance company, top Vermont government and captive regulators announced February 9. The captive, Sustainable Assurance Company, was formed by parent company Lancaster County Solid Waste Management Authority in Lancaster, Pennsylvania. Read More
All About the New Captive.com
The new Captive.com website is the culmination of a year-long project involving IRMI technology, content strategy, and subject matter experts assisted by technology and content strategy consultants. The site navigation has been completely redesigned, and IRMI invested in a state-of-the-art search engine and a leading-edge content management system. Read More
Utah's 38 New Captives Licensed in 2020 Bring Year-End Total to 396
Utah, continuing recent trends, licensed one of the largest numbers of new captive insurance companies in 2020 among US domiciles with 38. The 38 new captive insurance companies licensed in Utah last year brought the state's total to 396 captives at the end of 2020. Read More
February "CICR" Analyzes Supply Chain and ERM
Don't miss the February issue of "Captive Insurance Company Reports" ("CICR"), which contains a student-authored analysis of the pandemic's impact on the healthcare supply chain and how enterprise risk management (ERM) solutions can be developed to prepare for future systemic risks. Read More
Global Insurance Prices Increased 22 Percent in Fourth Quarter: Marsh Index
Global commercial insurance prices increased 22 percent during the fourth quarter of 2020, according to the Global Insurance Market Index from Marsh. The increase was the largest since the index was launched in 2012 and followed a year-on-year average increase of 20 percent in the third quarter. Read More