Market News
Captive Insurance Regulation: Is State Authority under Attack?
In an open letter to state insurance commissioners, Sean G. King, CIC Services, LLC, principal and in-house counsel, warns that, in his view, states must actively resist Internal Revenue Service (IRS) attempts at becoming the "de facto regulator of insurance" unless they are prepared to relinquish regulatory authority. Read More
Captive Insurance Can Meet Global Challenges, Marsh Report Finds
Marsh Captive Solutions has released its 2016 Captive Benchmarking Report, titled "Captive Solutions: Creating Security in an Uncertain World." Read More
Captive Insurance Actions and Financial Statement Noted in NAIC Annual Report
The National Association of Insurance Commissioners (NAIC) has issued its 2015 Annual Report, titled "To Serve & Protect in the Digital Age." Read More
Captive Insurance Eligibility Excluded in Final FHFA Rule
The Federal Housing Finance Agency (FHFA) issued a final rule on January 12, 2016, that will prevent captive insurers from becoming members of the Federal Home Loan Bank (FHLBank). Read More
Report: External Forces To Affect 2016 US Property-Casualty Insurance Market
This is the time when predictions for the coming year emerge, and for US property-casualty insurers, EY suggests "2016 will be a year of ongoing disruptive change." Read More