Nate Reznicek has been named to the 2025 Captive Review Power 50, recognizing him as one of the most influential professionals in the global captive insurance industry.
Montana has recently enacted significant changes to its captive insurance law through Senate Bill 60 (SB 60), signed into law in May 2025. While Montana’s new law is highly competitive for smaller captive insurance companies, North Carolina, Vermont, and Tennessee may offer more favorable tax treatment for large protected cell structures due to their capped tax regimes.
While both medical malpractice and professional liability insurance protect against professional risks, they are tailored to fundamentally different exposures. Healthcare providers need malpractice insurance to guard against claims of physical harm, while other professionals require liability coverage for financial or reputational losses. Selecting the right policy depends on the nature of your profession and the specific risks you face.
Social inflation has emerged as a critical force driving up the cost of liability insurance in the United States and beyond. Unlike economic inflation, which is tied to broader price increases in the economy, social inflation refers to the rising costs of insurance claims that exceed what can be explained by economic factors alone. This phenomenon is reshaping the commercial insurance landscape, with Captive insurance companies being increasinlgy utilized as a strategic alternative for organizations facing the challenges of social inflation.
A Florida-based residential affordable real estate client with a $1 billion total insurable value partnered with Captives Insure (C.I.) to renew a $60 million primary property policy and a $15 million excess general liability policy. Leveraging a historical property loss ratio of under 4% and a loss-free excess liability layer, C.I. secured significant reductions in both premium and collateral requirements. Through a bespoke captive insurance structure, the client recaptured millions previously spent in the standard insurance market and retained ~$4 million in gross written premium within their captive. C.I. was able to negotiate renewal terms and provide a collateral reduction of over 50% for their 2025 renewal along with a market rate premium decrease
The bill’s provisions are expected to enhance the state’s regulatory flexibility, support industry growth, and maintain South Carolina’s status as a leading captive domicile. S. 210 was introduced by Senator Turner and passed the Senate unanimously (43-0), reflecting broad bipartisan support for modernizing the captive insurance framework. The bill was passed in the South Carolina State Legislature today (May 8, 2025) and is on the way to Governor McMaster for signature.
Telehealth services have experienced unprecedented growth, particularly since the COVID-19 pandemic, with utilization increasing by an astounding 7060% nationally from 2019 to 2020. While this expansion has improved healthcare accessibility, it has also introduced new risks and challenges in patient care. Recent evidence suggests a concerning pattern of medical malpractice claims specifically related to misdiagnosis in telehealth settings.
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