Insurance Impacts of the COVID Pandemic and Heightened Inflation

2018 was a challenging year for captive insurance with an uncertain investment environment, continued tax scrutiny and consolidations among service providers. In our annual market update, we take a look at these and other trends affecting captives, report on captive numbers by domicile and discuss the outlook for the coming year. Specific topics to be covered will include: Analysis of captive activity in 2018. Review of the major captive domiciles, both onshore and offshore. Discussion of major trends affecting the industry. New and existing uses of captives. Infrastructure and regulatory developments. Predictions for 2019. This webinar is suitable for existing and prospective captive owners looking to get an update on developments in the captive insurance industry.

The significance of the new Restatement on the insurance industry is in dispute. Historically, Restatements published by the ALI have had an enormous influence on binding legal decisions. The U.S. Supreme Court cited ALI publications 71 times during the 2013 to 2015 terms of Court, and state and federal courts have cited ALI publications over 200,000 times. Several courts cited the Restatement of the Law of Liability Insurance even before the ALI formally voted to adopt it. Since adoption, the number of citations to, and courts' reliance on, the Restatement has accelerated.

Medicare compliance updates continued to take center stage for insurers, lawyers, and others in 2022. Across the board, there was no slowing CMS down with new Section 111 changes, Medicare recovery claims (including Treasury actions), and important WCMSA trends.

Celent’s Tom Scales explores the future of an industry. Drawing on a recent report, Tom delves into his prognostications for the future as well as those of fellow analyst John Barr. The industry is changing at a rapid pace, from digital transformation, to fluidless underwriting, to transparency in compensation.