Market News

Executives, claims professionals, and others serving captives providing workers compensation coverage should read the results of the 2014 Workers' Compensation Benchmarking Study--Claims Management Operational Study. The study had the benefit of the participation of more than 400 managers, directors, and executive-level claims leaders, a 57 percent increase from the prior year. Read More

Health care captives received a "checkup" during a Cayman Captive Forum 2014 pre-Forum tutorial on the topic of Healthcare Captives--Past Read More

Captives writing medical professional liability (MPL) coverage should read the new study, Medical Malpractice Reform: Noneconomic Damage Caps Reduced Payments 15 Percent with Varied Effects by Specialty Read More

Medical stop loss coverage by self-funded insurers is becoming a hot issue, Self-Insurance Institute of America (SIIA) President Michael Ferguson has recently been quoted as saying. This topic warrants an increased focus on captives providing stop loss coverage and self-insured employers that provide medical coverage. Read More

Michael McRaith, Federal Insurance Office (FIO) director, said it was likely the FIO would ask congressional permission early next year to negotiate a uniform reinsurance collateral agreement for US and European reinsurers, according to a recent report in Property Casualty 360. Read More