News
Captive insurance in the transportation sector: managing rising risk costs
6+ hour, 56+ min ago (380+ words) Jeremy Colombik (pictured right), managing partner for Management Services International, and Adam Perea (pictured left), EVP Captive Services for Elite Risk Insurance Solutions, look at how captives can help tackle some of the current challenges facing the transportation industry. Transportation…...
Captive Risk Management partners with RAC on auto insurance deal
2+ week, 1+ day ago (207+ words) The program lets dealers establish a fully segregated, IRS-compliant cell within an existing reinsurance position to fund and reimburse deductible costs on inventory, paintless dent repair (PDR), and business interruption claims. Premiums are validated by third-party pricing, and unused funds…...
Louisiana lawmakers advance sweeping trucking insurance reform bill
1+ mon, 4+ week ago (336+ words) Louisiana legislators are considering a major overhaul of the state's commercial trucking insurance system through House Bill 932, a proposal aimed at addressing rising costs, market imbalances, and gaps in protection for accident victims. The bill also argues that this trend…...
Arizona marks 25 years as captive insurance powerhouse
3+ mon, 1+ week ago (1176+ words) As the state prepares to celebrate a quarter century of being a captive domicile, chief analyst Victoria Fimea outlines how steady growth, infrastructure investment and regulatory reforms are propelling Arizona up the global rankings. The state will also have a…...
Alternative risk solutions for the commercial automobile market
3+ mon, 2+ week ago (872+ words) Gary Osborne (pictured right) of Risk Partners and Rob Walling (pictured left) of Pinnacle Actuarial Resources take a look at recent developments in the commercial automobile market. In recent years, captive managers have seen three coverage types drive most captive…...