In his new role, Lydon will lead nationwide sales efforts and oversee client management, addressing the growing demand for alternative risk management solutions
Ryan Specialty Underwriting Managers has promoted Eric Quinn to president, a role previously held by CEO Miles Wuller, who will now focus exclusively on his CEO responsibilities
Price Forbes Re has appointed Sherman Power to the newly created role of executive vice president, Alternative Risk and Capital Solutions
Ohio State University has established its own captive insurance company to better manage risks and control costs
AM Best has revised the outlooks for Mercury General Corporation and its subsidiaries to ‘negative’ from ‘stable’, citing uncertainty over wildfire-related losses and future reinsurance costs
At the end of 2024, Tennessee licensed 11 new captives and 94 new cells, bringing the state’s total to 182 captives and 657 active cells
The Washington State legislature is reviewing House Bill 1842 (2025-26), which proposes allowing public utility districts to form, own, or utilise captive insurers
Falcon Risk Services, an MGA owned by HDI Global Specialty, has launched SOAR, a standalone professional liability insurance policy tailored for insurance agents and brokers
