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Tennessee's Wiedeman: Healthy Captives Are Well-Capitalized With Involved Boards

Mark Wiedeman, director, Captive Insurance Section, Tennessee Department of Commerce & Insurance, said the state recently licensed its 1,000th risk-b…

3 years, 2 months ago

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NC's Gorman: Legislation Set to Boost North Carolina's Captive Insurance Industry

Lori Gorman, deputy commissioner, N.C. Department of Insurance, said legislation to modify the state's Captive Insurance Act includes extending premi…

3 years, 2 months ago

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Utah's Wegkamp: State Simplifies Captive Formation, Adjusts Capitalization Requirements

Travis Wegkamp, director of captive insurance, Utah, said changes to the state's captive regulations are aimed at helping small- and medium-size busi…

3 years, 2 months ago

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AM Best Captive Insurance Panel: Rated Captives See Strong Performance

A panel of AM Best rating analysts at the Vermont Captive Insurance Association conference attributed rated captives' strong performance over the pas…

3 years, 2 months ago

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Captive Expert Panel: Parametric Cover Gains a Foothold as Regulators, Others Adapt

AM Best's Fred Eslami said a limited number of rated captive insurers are employing parametric coverage. Panelists spoke with AM Best TV at the annua…

3 years, 2 months ago

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Vermont's Nevins: Latest Captive Regulatory Update Includes Strengthened Confidential

Brittany Nevins, captive insurance economic development director, Vermont, said regulators, associations and legislators meet regularly to fine-tune …

3 years, 2 months ago

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AM Best: MENA Markets More Stable Despite Headwinds

With oil prices at a relatively high level and COVID-19 lockdowns ended, MENA regional insurance markets are showing strong growth, said Vasilis Kats…

3 years, 2 months ago

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Conning’s Citroen: Economy, Labor Drive Downtick in State Credit Quality Outlook

In its 2023 State of the States Municipal Credit Report, Conning shifted its outlook on state credit quality to “declining” from “stable.” States, ho…

3 years, 2 months ago

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AM Best: Workers' Compensation Remains a Profit Engine for P/C Industry

Workers’ compensation has been consistently more profitable than other P/C lines from 2012 to 2022 said AM Best Associate Director David Blades and S…

3 years, 2 months ago

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Munich Re: First-Half Convective Storms Cause $25 Billion in US Insured Loss

Meteorologist Mark Bove, senior vice president of natural catastrophe solutions, Munich Re, discusses what the greater intensity of storms is doing t…

3 years, 2 months ago

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