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Arizona lowers capital requirements for captives in latest bill
12 May 2025
Reporter Diana Bui

Arizona Governor Katie Hobbs has signed HB 2193 into law, which reduces the minimum capital and surplus requirements for protected cell captive insurers to US$250,000

AM Best affirms ratings for NiSource's captive
12 May 2025
Reporter Diana Bui

AM Best has affirmed the financial strength rating of ‘A’ (Excellent) for NiSource Insurance Corporation, a single-parent captive insurer of NiSource

South Carolina passes captive reform bill
09 May 2025
Reporter Diana Bui

The bill introduces key reforms aimed at enhancing the competitiveness and regulatory agility of the state’s captive insurance framework

CaptiveSimple unveils platform to automate captive formation
07 May 2025
Reporter Diana Bui

The Wyoming-based company says its technology can reduce the cost of setting up a captive by more than 50 per cent compared to traditional methods

Beyond Risk unifies health units under new brand
06 May 2025
Reporter Diana Bui

Beyond Risk has consolidated its three employee healthcare benefits insurance businesses into a single platform under the new Beyond Health brand

WTW hires ex-Marsh executive
02 May 2025
Reporter Diana Bui

WTW has appointed Patrick Donnelly as head of risk and broking, North America

VCIA appoints new Director of Learning and Professional Development
01 May 2025
Reporter Diana Bui

The Vermont Captive Insurance Association (VCIA) has named Kim McCray-Woodruff as its new director of learning and professional development

Marsh McLennan adds tariff simulator to risk platform
30 April 2025
Reporter Diana Bui

The new tool allows organisations to model the effects of changing trade policies by supply chain tier, product type and supplier relationship

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