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Nov 17 2025 // Self-insured retentions (SIRs) are a common tool used by insureds to control claims, but many times they just aren’t sufficient to prevent a bad settlement.How often do agents hear insureds complain about an insurer...
Oct 31 2025 // Eight months after it declared a moratorium on the licensing of captive insurance companies and risk retention groups, the Alabama Department of Insurance has posted a clarification. The March bulletin and an extension of...
Sep 5 2025 // Alabama’s insurance commissioner has extended a moratorium on new captive insurance companies and risk retention groups until at least next summer.The bulletin, posted this week, follows the commissioner’s...
Jul 3 2025 // California’s private self-insured employers reported 7.4% fewer workers’ compensation claims in 2024 than in 2023, pushing private self-insured claim frequency to a four-year low, a new report shows.However,...
May 19 2025 // Maine lawmakers last week rejected a measure that would have permitted followers of the Mennonite religion to self-insure for motor vehicle insurance.The Senate vote was 20-14 to detour the bill on May 13, while the House...
Apr 28 2025 // A Vermont Superior Court has approved a state takeover and rehabilitation plan for a medical professional liability insurer for 1,300 physicians that the state says is in hazardous financial condition as a result of a...
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