Ohio State University has established its own captive insurance company to better manage risks and control costs

The study, titled ‘Why the Cybersecurity Gap Between SMEs and Large Organisations Matters’, highlights the challenges SMEs face in achieving cyber resilience compared to their larger counterparts

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

Resilience has expanded its partnership with RSA Insurance to underwrite cyber insurance for US clients on a surplus lines basis from London

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

Jennifer Richards succeeds Anne Corona, who was recently named CEO of enterprise clients and global chief commercial officer

Africa Specialty Risks (ASR) has partnered with the Banque Ouest Africaine de Développement (BOAD) to explore the potential of establishing a captive insurance entity

Previously, Ryan Martin served as a financial analyst in the Captive Insurance division and was later promoted to supervising financial analyst

The Oklahoma Insurance Department is correcting the 2024 captive insurance premium tax report forms on the NAIC's OPTins portal, with the updated forms expected to be available this week

Sompo Holdings has reorganised its businesses into two global business segments, Sompo P&C (re)insurance and Sompo Wellbeing, effective from 1 April