captive insurance

Captive insurer can’t shake $116 million bad faith claims, court rules

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Captive Insurer Can’T Shake 6 Million Bad Faith Claims, Court Rules

North Carolina Business Court ruled on March 3, 2026, that captive insurer Oxford Insurance Company NC LLC (Series 1) cannot dismiss $116 million bad faith and unfair trade practices claims brought by law firm Watts Guerra LLC. Judge Julianna Theall Earp’s opinion (2026 NCBC 17) lets those claims proceed while dismissing the underlying breach-of-contract claim … Read more

Cayman Islands sees rapid rise in captive insurance formations in Q3

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Cayman Islands Sees Rapid Rise In Captive Insurance Formations In Q3

Cayman Islands Captive Insurance Boom Accelerates in Q3: 11 New Licenses Signal Record-Breaking Year In the high-stakes world of alternative risk management, the Cayman Islands is firing on all cylinders, with a surge in captive insurance formations underscoring its unchallenged dominance as a global powerhouse. The Cayman Islands Monetary Authority (CIMA) greenlit 11 new international … Read more