Market News

Tax Court Reinforces Scrutiny of Micro-Captives in Jones v. Commissioner

April 1, 2025

In Jones v. Commissioner, the tax court reaffirmed rigorous scrutiny of micro-captive insurance under IRC §831(b), disallowing tax deductions and exclusions claimed due to insufficient risk distribution and non-arm's-length premium practices. A payment previously classified as a loan was recharacterized as a constructive dividend to an executive. Read More


How Captive Insurance Uses Fronting and Unrated Paper to Fill Market Gaps

April 1, 2025

Jeremy Colombik of Management Services International discusses how captive insurance can address hard-to-place risks using unrated and nonadmitted paper. Learn how fronting arrangements, cost efficiency, and custom coverage options can create flexible, compliant solutions for industries facing traditional market limitations. Read More


Internal Education Is Key to Captive Insurance Success

March 31, 2025

This article explores how internal alignment and education drive the success of captive insurance programs. It highlights LAUSD's approach to surplus use, property risk management, and wildfire response, based on insights shared at the 2025 World Captive Forum. Includes practical guidance on board engagement, feasibility planning, and claims oversight. Read More


Hylant's Q1 2025 Report Reveals Insurance Market Forecasts

March 28, 2025

Hylant's Q1 2025 "Market Update" analyzes commercial insurance trends, renewal rate expectations, and underwriting shifts. Covering key lines such as casualty, cyber, property, and executive risk, the report provides insight into litigation drivers, market capacity, and evolving exposures impacting risk strategy in the year ahead. Read More


US Insurers See $100B Net Income in 2024 Despite Catastrophe Losses

March 28, 2025

In 2024, US property and casualty insurers reported $100 billion in core net income and a $24.8 billion underwriting gain—marking the first annual gain since 2020. Despite severe catastrophe losses, improved premium adequacy and stable loss growth helped strengthen financial results, with the industry's combined ratio improving to 96.4. Read More