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Published on May 2, 2025

Cayman Islands Ranked Top Offshore Captive Insurance Domicile

Kieran Mehigan – IMAC Chair George Town, Cayman Islands, May 02, 2025 – The Cayman Islands has reaffirmed its leadership position in the captive insurance industry, ranking as the top offshore domicile and second overall globally, in Business Insurance’s …

Source: I News Cayman - Pending
Published on May 5, 2025

Race for the Kids raises over $30k to benefit Cayman youth

GRAND CAYMAN, May 5, 2025 — RBC Royal Bank (Cayman) raised over KYD $30,000 to benefit One2One – a non-profit organization dedicated to providing children, youth, and young adults with positive, sustainable mentoring relationships. Over 700 individuals of …

Source: I News Cayman - Pending
Published on May 5, 2025

Tourism project financiers still keen

Hospitality sector financiers funding tourism projects in Barbados and other Caribbean countries remain concerned about the lack of insurance coverage and challenges they face when conducting business in the region. That, however, has not caused them to …

Source: The Nation Barbados - Neutral
Published on May 5, 2025

BF&M Subsidiaries Receive Stable Ratings

BF&M Limited announced that AM Best has affirmed its subsidiaries’ A [Excellent] financial strength and credit ratings, now assigned a stable outlook after being removed from review. A spokesperson said, “BF&M Limited announced that independent …

Source: Bernews - Neutral
Published on May 1, 2025

Doing business in the Cayman Islands guide (Legal 500)

The Cayman Islands is a common law jurisdiction, which is based on the English model. It comprises statute law and binding case precedents. English and British Commonwealth case authorities are generally persuasive, but not binding, on the Courts of the …

Source: JD Supra - California - Neutral
Published on May 1, 2025

Cayman Islands Voters Approve Marijuana Decriminalization Referendum

Voters in the Cayman Islands on Wednesday passed a referendum expressing support for the self-governing British territory’s proposed removal of criminal penalties for simple marijuana possession and use. The non-binding referendum is intended to inform the …

Source: Marijuana Moment - Neutral
Published on May 4, 2025

Smart Digital, Yuanbao Make Debuts

Image Source: Kevin Smith on Flickr In a busy SPAC week, digital marketing service provider Smart Digital and online distributor of insurance policies Yuanbao opened for trading. Latest IPOs and Direct Listings Smart Digital (SDM) opened on May 2 at $5.45. …

Source: myMotherLode - Pending
Published on May 4, 2025

BF&M keeps strong ‘A’ rating from AM Best

Created: May 04, 2025 12:53 PM (Updated: May 04, 2025 12:55 PM) The BF&M insurance building on Pitts Bay Road in Pembroke (File photograph) BF&M Ltd has kept its strong ‘A’ (Excellent) financial strength rating from the independent rating agency AM …

Source: The Royal Gazette - Neutral
Published on May 1, 2025

GCM welcomes new account executive

Global Captive Management (GCM) has welcomed Kelly Anne Wright as its newest account executive. In a statement GCM said: “Hailing from South Africa, Kelly brings with her a passion for people, animals, the environment, and thrilling adventures to #TeamGCM! …

Source: Captive International - Neutral
Published on May 2, 2025

Oxbridge Re Announces 2025 First Quarter Results on May 12, 2025

GRAND CAYMAN, Cayman Islands, May 02, 2025 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (NASDAQ: OXBR), (the “Company”), which together with its subsidiaries is engaged in the business of tokenized Real-World Assets (“RWAs”), initially in the form of …

Distribution channels: Insurance Industry ...
Published on May 2, 2025

Greenlight Capital Re, Ltd. Schedules First Quarter 2025 Financial Results and Conference Call

GRAND CAYMAN, Cayman Islands, May 02, 2025 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to …

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Published on May 2, 2025

Martin Vezina to lead Greenlight Re’s Underwriting Analytics team

Greenlight Re, a subsidiary of Greenlight Capital Re, Ltd., has announced the appointment of Martin Vezina as Head of Underwriting Analytics with immediate effect. Based in the company’s Grand Cayman headquarters, Vezina will play an important role in …

Source: Reinsurance News - Neutral
Published on May 1, 2025

Greenlight Re Announces Appointment of Martin Vezina as Head of Underwriting Analytics

GRAND CAYMAN, Cayman Islands, May 01, 2025 (GLOBE NEWSWIRE) -- Greenlight Reinsurance, Ltd. (“Greenlight Re” or the “Company”), a subsidiary of Greenlight Capital Re, Ltd. (NASDAQ: GLRE), today announced the appointment of Martin Vezina as Head of …

Distribution channels: Insurance Industry ...

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Published on May 5, 2025 - 11:24 GMT

Watkins Insurance Group Adds Veteran Benefits Strategist to Advance Financial and Plan Design

Strategic hire underscores Watkins Insurance Group’s continued ascent as a premier advisory firm for large-scale employee benefits solutions. AUSTIN, TX, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- Watkins Insurance Group, Central Texas’ …

Distribution channels: Insurance Industry ...
Published on May 5, 2025 - 21:15 GMT

How an accountability bill for bad actors in the insurance industry died

After sailing through the Senate with minor changes, Senate Bill 5331, which sought to expand the authority of the Insurance Commissioner to seek restitution and penalize bad actors, failed 8-7 in the House Consumer Protection and Business Committee last …

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Published on May 5, 2025 - 19:58 GMT

Insurance rates and the Commissioner’s authority over them

The Insurance Commissioner must approve insurance companies’ rate change requests, if they meet the legal requirements.Every driver is legally required to have auto insurance and every homeowner with a mortgage has home insurance. What they all have in …

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Published on May 5, 2025 - 13:00 GMT

Velocity Announces Strategic Sale of Velocity Specialty Insurance Company; Oaktree to Fully Exit

Nashville, TN, May 05, 2025 (GLOBE NEWSWIRE) -- Velocity HoldCo, LLC (“Velocity” or the “Company”), the former parent company for Velocity Specialty Insurance Company (“VSIC”) and Velocity Risk Underwriters, LLC (“VRU”), announced the sale of VSIC to FM, a …

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Published on May 5, 2025 - 11:00 GMT

ManageMy and Solvrays Enable Insurance Carriers to Automate Workflows and Deliver Better Customer Experiences

CHARLOTTE, N.C., May 05, 2025 (GLOBE NEWSWIRE) -- ManageMy, the platform purpose-built to simplify insurance through superior digital experiences, and Solvrays, an innovator in AI-driven automation for insurance operations, are uniting to help insurance …

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Published on May 3, 2025 - 22:55 GMT

National Life Insurance Awareness Day: Protect those who matter most with VA Life Insurance

May 2, 2025, is National Life Insurance Awareness Day, and now is the perfect time to think about your life insurance needs. Life insurance is an important financial benefit that provides peace of mind to you and your loved ones. VA offers several life …

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Published on May 2, 2025 - 23:15 GMT

1891 Financial Life CEO Lisa Bickus Honored for Innovation Excellence in Life Insurance at 2025 Making Waves Awards

SCHAUMBURG, IL, UNITED STATES, May 2, 2025 /⁨EINPresswire.com⁩/ -- 1891 Financial Life is proud to announce that our CEO, Lisa Bickus, has been named a 2025 Making Waves Award winner by InsurTech Hartford, receiving the honor of Innovation …

Distribution channels: Insurance Industry ...
Published on May 3, 2025 - 09:59 GMT

GoAuto Insurance Delivers Affordable Auto Coverage Solutions for Ohio Drivers

COLUMBUS, Ohio, May 03, 2025 (GLOBE NEWSWIRE) -- As Ohio drivers face rising insurance costs and financial pressures, GoAuto Insurance has announced a significant expansion of its cheap auto insurance in Ohio. The company's customer-first approach …

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Published on May 5, 2025 - 21:30 GMT

Still Water Wellness Group Launches Innovative Couples Rehab Program in Orange County

Still Water Wellness expands couples rehab program to meet growing demand in Orange County. ORANGE COUNTY, CA, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- Still Water Wellness Group, a leading addiction treatment center in Orange County, …

Distribution channels: Business & Economy, Emergency Services ...
Published on May 5, 2025 - 21:30 GMT

Oceans Luxury Rehab Unveils Expanded Oceanfront Treatment Facilities in Orange County

Oceans Luxury Rehab in Orange County introduces a Luxury Rehab Program, emphasizing confidentiality and high-end treatment. ORANGE COUNTY, CA, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- Oceans Luxury Rehab, a premier luxury rehab …

Distribution channels: Business & Economy, Emergency Services ...
Published on May 5, 2025 - 21:19 GMT

Won-Door FireGuard Slim™: A smart, affordable replacement for traditional fire-rated swing doors

SALT LAKE CITY, UT, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- Won-Door has introduced the new FireGuard Slim™ door model, a cost-effective, accordion-style door designed to replace traditional fire-rated swing doors. FireGuard Slim …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 5, 2025 - 18:55 GMT

Understanding Louisiana’s Laws on Defective Household Appliances and Consumer Injuries

OPELOUSAS, LA, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- Malfunctioning household appliances can pose serious risks to consumers. From electric stoves and space heaters to refrigerators and washing machines, defective products have the …

Distribution channels: Culture, Society & Lifestyle, Insurance Industry ...
Published on May 5, 2025 - 18:39 GMT

Filing a Claim for Injuries Caused by Contaminated Food in Louisiana

OPELOUSAS, LA, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- Contaminated food continues to pose a serious risk to public health. Incidents involving foodborne illnesses often result in medical complications, hospitalization, or long-term …

Distribution channels: Culture, Society & Lifestyle, Food & Beverage Industry ...
Published on May 5, 2025 - 15:44 GMT

Elite Roofing & Gutters Announces Launch of Commercial Division

Elite Expanding Superior Craftsmanship into Commercial Roofing Solutions PEARL, MS, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- Elite Roofing & Gutters, formerly known as Complete Exteriors, proudly announces the launch of its new commercial …

Distribution channels: Building & Construction Industry, Companies ...
Published on May 5, 2025 - 15:00 GMT

Medicaid Patients Using Telepsychiatry Associated With Reduced Hospital Admissions

Montana Study Identifies 38% Lower Hospitalization Rates and Similar Total Healthcare Costs Among Remote Care Recipients BILLINGS, MT, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- Medicaid patients with psychiatric disorders who received …

Distribution channels: Banking, Finance & Investment Industry, Emergency Services ...
Published on May 5, 2025 - 14:50 GMT

WPS Named VETS Indexes 4 Star Employer

Company earns recognition for third consecutive year MADISON, WI, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- WPS, a health solutions company, has been recognized as a VETS Indexes 4 Star Employer in the 2025 VETS Indexes Employer Awards …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on May 5, 2025 - 14:29 GMT

New Analysis Highlights Urgent Need for Medicaid Reform and Equity-Focused Healthcare Strategies

Dr. Jonathan Kenigson explores US Medicaid for readers in London and surrounding areas who are following US healthcare equity debates. SOUTHAMPTON, UNITED KINGDOM, May 5, 2025 /⁨EINPresswire.com⁩/ -- A groundbreaking new article, American Medical …

Distribution channels: Healthcare & Pharmaceuticals Industry, Human Rights ...
Published on May 5, 2025 - 14:02 GMT

BioFlex Appoints Renowned Healthcare Leader Dr. Robin L. Smith to Advisory Board

PHOENIX, AZ, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- BioFlex, a pioneering insurance solutions provider at the intersection of healthcare and technology, proudly announces the appointment of Dr. Robin L. Smith to its Advisory Board. A …

Distribution channels: Healthcare & Pharmaceuticals Industry, Insurance Industry ...
Published on May 5, 2025 - 14:00 GMT

Proposed 2025 HIPAA Updates: How Employers Could Be Affected

RENO, NV, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- As mentioned at the beginning of January by The HIPAA Journal, HIPAA (Health Insurance Portability and Accountability Act) has proposed long-awaited policy updates focused on its " …

Distribution channels: Companies, Healthcare & Pharmaceuticals Industry ...
Published on May 5, 2025 - 11:24 GMT

Watkins Insurance Group Adds Veteran Benefits Strategist to Advance Financial and Plan Design

Strategic hire underscores Watkins Insurance Group’s continued ascent as a premier advisory firm for large-scale employee benefits solutions. AUSTIN, TX, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- Watkins Insurance Group, Central Texas’ …

Distribution channels: Insurance Industry ...
Published on May 5, 2025 - 09:30 GMT

TribalScale Launches FinScale: A New Digital Magazine Shaping the Future of Financial Services and Innovation

New magazine for FSI leaders: AI, Open Banking, digital transformation, and the Top Mobile Banking Apps. NEW YORK, NY, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- TribalScale, a global innovation firm, today announced the launch of FinScale …

Distribution channels: Banking, Finance & Investment Industry, IT Industry ...
Published on May 5, 2025 - 20:15 GMT

SiriusPoint reports tenth consecutive quarter of underwriting profits and strong net income of $58m

HAMILTON, Bermuda, May 05, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE:SPNT) today announced results for its first quarter ended March 31, 2025 Combined ratio of 95.4% in the first quarter for Core business with …

Distribution channels: Business & Economy, Insurance Industry ...
Published on May 5, 2025 - 20:15 GMT

Enstar Group Limited Announces Quarterly Preference Share Dividends

HAMILTON, Bermuda, May 05, 2025 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that it will pay cash dividends on its Series D and Series E preference shares. Dividends on Enstar’s Series D 7.00% Fixed-to-Floating Rate …

Distribution channels: Banking, Finance & Investment Industry, Insurance Industry ...
Published on May 5, 2025 - 20:10 GMT

SiriusPoint Announces Dividend on Series B Preference Shares

HAMILTON, Bermuda, May 05, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), an international specialty insurer and reinsurer, has announced that the Audit Committee of the Board of Directors of SiriusPoint Ltd. …

Distribution channels: Banking, Finance & Investment Industry, Insurance Industry ...
Published on May 5, 2025 - 20:10 GMT

Palomar Holdings, Inc. Reports First Quarter 2025 Results

LA JOLLA, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $42.9 million, or $1.57 per diluted share, for the first quarter of 2025 compared to net income of $26.4 million, or $1. …

Distribution channels: Business & Economy, Insurance Industry ...
Published on May 5, 2025 - 20:05 GMT

James River Announces Excess and Surplus Lines Leadership Retirement and Succession Plan

PEMBROKE, Bermuda, May 05, 2025 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ: JRVR) announced today its plans for Todd Sutherland, current Senior Vice President, Management Liability …

Distribution channels: Companies, Insurance Industry ...
Published on May 5, 2025 - 20:05 GMT

James River Announces First Quarter 2025 Results

PEMBROKE, Bermuda, May 05, 2025 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ: JRVR) reported net income from continuing operations available to common shareholders of $9.0 million ($0.18 …

Distribution channels: Business & Economy, Insurance Industry ...
Published on May 5, 2025 - 19:21 GMT

TWFG, Inc. To Announce First Quarter 2025 Financial Results on Tuesday, May 13, 2025.

THE WOODLANDS, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- TWFG, Inc. (NASDAQ: TWFG), a leading independent insurance distribution platform, announced today that it will release its financial results for the first quarter ended March 31, 2025, after the market …

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