Arkansas lawmakers have proposed legislation that would create more sustainable property insurance for public schools, state-supported institutions of higher education, and state-owned properties in the state by utilising a captive formed under a state captive insurance programme.

AM Best has assigned a financial strength rating of B++ (good) and a long-term issuer credit rating of “bbb+” (good) to Texas-domiciled Cadence Indemnity Inc. The outlook for the ratings is stable.

AM Best has revised the outlook to positive from stable and affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of South Carolina-domiciled Fidvest US.

Richard is joined by Melissa Hollingsworth, Deputy Chief Risk Officer at the Los Angeles Unified School District, who will explain why LAUSD recently formed a pure captive and how they look to expand it in the coming years.

Ryan Specialty has promoted Chicago-based Matt Havey to president of its alternative risk underwriting business, Ryan Alternative Risk.

London & Capital and Waverton Investment Management will be consolidating their brands under a new name, W1M.

Recorded at CICA 2025, Richard catches up with Karen Hsi of the University of California, CICA President Dan Towle and Apollo's Matthew Newman.

Bermuda-headquartered global specialty (re)insurer SiriusPoint has partnered with US-based broker Holmes Murphy and its subsidiary MGA Innovative Program Solutions (IPS) to launch an umbrella excess insurance product tailored to captives managed by Holmes Murphy.  As a carrier partner, SiriusPoint will...