Market News
Positive News for US Property-Casualty Re/insurers from Fitch Ratings
Operating performance moderately improved for property-casualty re/insurers during the first half of the year thanks to improved core loss ratios, lower catastrophe losses, and lower taxes along with favorable movement in loss reserves. Read More
Vermont To House New Captive Insurance Solution for Energy Sector
A new Vermont-domiciled captive insurance solution is available. The captive, eCaptiv LLC, will be funded through client participation and will provide auto liability, general liability, excess liability, and workers compensation coverages. The program will also offer "significant" excess reinsurance above captive retentions. Read More
Judging Environmental, Social, and Governance Factors in Credit Rating
There has been a shift in investor expectations in recent years, with shareholders judging companies on a broader spectrum of criteria, rather than solely on financial metrics, according to a new briefing by A.M. Best. Read More
Atlas Insurance Management Continues To Equip NCCIA Board
At the North Carolina Captive Insurance Association (NCCIA) conference, Martin Eveleigh, chairman of Atlas Insurance Management, received the Distinguished Service Award. As Mr. Eveleigh departs the NCCIA board of directors, Morgan Weatherly, a senior account manager at Atlas, will take up a position on the board beginning January 1, 2019. Read More
Verisk and Omnitracs Provide Telematics Solutions for Trucking
Analytics provider Verisk has aligned with Omnitracs, LLC, a telematics service provider of large-fleet management and trucking solutions to transportation and logistics companies. Through the alliance, fleet owners can transfer driving data collected by their Omnitracs telematics platform into the Verisk Data Exchange to obtain safety feedback through focused analytics. Read More