Market News

Construction companies are increasingly turning to captive insurance to manage rising costs and evolving risks. This article explores trends in construction captives, including expanded coverages, regulatory scrutiny, and growing interest in group and cell structures. Captives offer flexibility and financial control amid challenges like design-build liability and supply chain volatility. Read More

IRMI's webinar, presented by Dr. Robert P. Hartwig, provides insights into key 2025 insurance trends. Topics include premium growth, underwriting performance, catastrophe losses, regulatory developments, and economic factors affecting the property-casualty industry. The session highlights challenges like inflation, capacity constraints, and legal system abuse impacting insurers' profitability. Read More

The Doctors Company announced it will acquire ProAssurance Corporation for $1.3 billion in cash. The combined insurer will have assets of $12 billion, enhancing service to healthcare providers. ProAssurance shareholders will receive $25 per share. The deal is expected to close in the first half of 2026, pending approvals. Read More

Captive insurance can offer private equity firms strategic risk management solutions, particularly when acquisition timelines span 8–10 years. By leveraging captives, private equity firms may reduce costs, improve loss prevention, and maximize portfolio value, provided they align captive operations with investment goals and seek expert guidance on implementation. Read More

The February 2025 IVANS Index reports year-over-year premium renewal rate increases across most major commercial insurance lines, excluding workers compensation. Month over month, most lines saw rate decreases, except commercial auto. Data reflects trends across over 120 million transactions, involving 38,000 agencies and 700 insurers nationwide. Read More