Market News
IVANS: Second Quarter Renewal Rates Show Continued Market Hardening
IVANS has announced the "IVANS Index: Premium Renewal Rate Index" results for second quarter 2019. The second quarter results showed continued market hardening across certain lines of commercial business. Read More
Hospital Captive Owners Team Up To Improve Maternal and Infant Health
Ten leading hospitals and Premier Inc. are working on a perinatal collaborative designed to reach zero preventable maternal and neonatal harm and deaths. The 10 hospitals are owners of the American Excess Insurance Exchange (AEIX) reciprocal risk retention group, a captive professional liability insurance company. Read More
New Malpractice Research Probes Misdiagnosis and Serious Patient Harm
According to new research, 1-in-3 malpractice cases involving serious patient harm is due to misdiagnosis, with cancer, vascular events, and infection accounting for three-fourths of high-harm, diagnosis-related claims. Read More
Transactional Risk Insurance Firmly Established
In its latest "Transactional Risk Insurance Report," Marsh said use of transactional risk insurance significantly increased in 2018. Policy limits in excess of $1 billion are now available for single transactions as private equity firms and strategic investors increasingly use insurance to reduce the risks associated with mergers and acquisitions. Read More
The Michigan Captive Insurance Domicile
Receptive regulators have helped fuel the growth of Michigan as a captive domicile with more than a 50 percent increase in its number of captives since 2013. More striking, though, has been the huge jump in the amount of business Michigan captives are doing. Curious? Learn more today on Captive.com. Read More