The UK government has officially confirmed its commitment to establishing a dedicated captive insurance regulatory framework by mid-2027, marking a significant milestone in the country's financial services evolution.
Alternative risk transfer (ART) refers to non-traditional methods of managing and financing risk, including captives, structured programs, and parametric solutions. These approaches are designed to supplement or replace conventional insurance, offering greater flexibility, customization, and long-term cost efficiency
The United States insurance market is uniquely complex due to its structure of state-based regulation. Each of the 50 states, along with several territories, acts as a separate insurance jurisdiction with its own regulatory framework, laws, and market conditions. This decentralized system creates a diverse landscape of challenges for insurance carriers operating across the country. This article explores the different insurance jurisdictions throughout the United States and the specific challenges insurance carriers face in each.
In today’s volatile insurance marketplace, hospitality companies face mounting challenges: rising premiums, shrinking capacity, and coverage gaps for emerging risks. For forward-thinking operators, the traditional purchase of insurance is no longer a foregone conclusion—it’s an opportunity to take control. Alternative risk transfer, especially through captive insurance, empowers hospitality businesses to transform insurance from a sunk cost into a strategic asset.
Enterprise Risk Management (ERM) is a holistic, organization-wide approach to identifying, assessing, and managing risks that could impact a company’s ability to achieve its objectives. Unlike traditional risk management, which often operates in departmental silos, ERM takes a top-down perspective, integrating risk awareness and mitigation into strategic planning and daily decision-making.
Signed into law in July 2025, the "Big Beautiful Bill"—officially the One Big Beautiful Bill Act—represents one of the most comprehensive legislative packages in recent memory. While much of the public attention has focused on its tax and social spending provisions, the bill also brings significant changes to the U.S. insurance landscape, particularly in the areas of health insurance and property and casualty (P&C) insurance.
Over the Fourth of July weekend in 2025, central Texas was struck by catastrophic flash floods, primarily impacting the Hill Country region and communities along the Guadalupe River. Torrential rains—up to 12 inches in some areas—caused the river to surge nearly 30 feet in less than an hour, overwhelming local infrastructure and catching residents and campers off guard. The disaster claimed more than 100 lives, with dozens still missing, and left a trail of devastation across Kerr County and neighboring areas. With insured losses and the total economic impact expected to be well north of ~$20 billion the budget cuts to NOAA will be a continued topic of discussion moving forward.
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