Market News
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
RAA Reports Improvement in US Reinsurers' Operating Results
The latest Reinsurance Association of America (RAA) survey reveals that a group of 18 US property-casualty reinsurers wrote $30.1 billion of net premiums during the 6 months ended June 30, 2018, compared to $22.5 billion for the same period in 2017. Read More