Market News
Federal Relief Sought for Crumbling Foundations
Two bills recently introduced in the US Senate seek funding from the Federal Emergency Management Agency and US Department of Housing and Urban Development to provide relief for homeowners and businesses in Connecticut and other states with crumbling foundations. Read More
Vermont Bill Would Adjust Captive Financial Examination Requirements
Captive insurance companies in Vermont would automatically be assured of more time between mandatory financial examinations under newly introduced legislation. Read More
IVANS: Commercial Lines Renewal Rates Experience Negative Changes
IVANS has announced the "IVANS Index: Premium Renewal Rate Index" January results. Month over month, January experienced a negative change in average premium renewal rate change across the majority of commercial lines. Read More
Risk Pools Have Served the Insurance Market Admirably
A new resource from the Captive Insurance Companies Association (CICA) addresses misperceptions and outlines commonly accepted practices for risk pools. Hear from CICA's board chair, Joel Chansky, about the association's latest guidance document for risk pools. Read More
Trends in Long-Term Interest Rates
The decline in interest rates, which began several decades ago, has started to reverse. For captive insurers, this is a welcome respite, as most have watched the yield on their portfolios sink on a year-over-year basis. Read More