Control, capacity, and cost are the three major reasons that captive insurance companies are being utilised for cyber insurance coverage, according to Michael O’Malley, managing director at Strategic Risk Solutions
The captive industry continues to be misunderstood, according to Captive Insurance Companies Association president Dan Towle
The Captive Insurance Companies Association has handed out awards to Gary Bowers and the American Contractors Insurance Group for their contributions to the captive industry.
Arizona licensed eight new captive insurance companies last year, as the state’s captive programme experienced “a solid year of steady growth”
Future claims may be brought against virtually every major captive insurance promoter, according to David Deary, attorney for the plaintiffs in the Artex case
Kutak Rock has promoted Michael Low to partner
Arthur J Gallagher & Co, and its subsidiary Artex Risk Solutions, will fight the class action lawsuit filed against them as it has “no merit”, according to a statement from the company
A group of plaintiffs seeking class status has filed a suit against a group of defendants, including Artex Risk Solutions and Arthur J Gallagher & Co, accusing them of being part of a massive captive insurance strategy conspiracy
