Yesterday a federal court in Houston handed down its ruling in Drake Plastics Ltd. Co. v. Internal Revenue Service, and within 48 hours we'll be drowning in hot takes from people who've never read a Tax Court opinion on captive insurance substance
The Western Region Captive Insurance Conference (WRCIC) is the premier regional event for captive insurance professionals across the western United States. Hosted annually, the conference brings together captive owners, risk managers, regulators, and service providers for focused discussion on the issues shaping the captive industry — from regulatory developments and domicile trends to emerging risk strategies and program design.
Commercial insurance markets are soft. Premiums are compressing, capacity is expanding, and carriers are competing hard for volume. For most companies, it feels like relief. Renewals come in flat or down, and the urgency around alternative risk financing fades. That instinct is often unfortunately wrong. A soft market is not a reason to delay captive formation; it's often the optimal time to start.
The captive insurance industry doesn't need more awareness — it needs better execution. That was the focus of our February 12 webinar, "Captive Insurance: Walking the Walk," featuring Joe McDonald, EVP and Director of Captive Consulting at Captives.Insure, and Scott Bailey, Audit Partner at CRI's Raleigh office with over a decade in the captive space.
A key driver of captive formation is the ability to shape claims strategy. Operating a captive enables the use of independent defense counsel, allowing organizations to influence litigation decisions, manage outcomes, and align defense with broader business objectives. Luke Renz, ACI offers a timely perspective on why claims governance is becoming a core captive value driver.
The current insurance environment is reshaping how middle-market companies think about risk. The prolonged hard market in casualty lines, especially auto and general liability, is pushing buyers to look beyond traditional insurance and toward structures that provide more stability, control, and long-term value.
The 2025 Cayman Captive Forum, organized by the Insurance Managers Association of Cayman (IMAC), returns December 2–4 at the Ritz-Carlton, Grand Cayman, and is officially sold out. Nate Reznicek of C.I. is excited to attend this year’s Cayman Captive Forum, taking place December 2–4. With sold-out attendance and a strong agenda, the event promises to be both engaging and productive. To connect with Nate during the forum, feel free to reach out at Nate@captives.insure to arrange a meeting.
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