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The risk retention group industry is hailing a seminal Supreme Court ruling Tuesday which held that self-insured group health plans are entitled to enforce the terms of their plans as written.

The risk retention group industry is hailing a seminal Supreme Court ruling Tuesday which held that self-insured group health plans are entitled to enforce the terms of their plans as written.

A federal appellate court has upheld the authority of risk retention groups to provide commercial liability insurance, except workers compensation, without being licensed in every state.

A federal appellate court has upheld the authority of risk retention groups to provide commercial liability insurance, except workers compensation, without being licensed in every state.

One U.S. company that has successfully utilized onshore captives is fitness-trainer CrossFit, which boasts a network of approximately 3,000 affiliated gyms in the U.S.more than 1,500 of which are involved in the companys voluntary risk-retention group, CrossFit RRG.

Traditionally dominated by tropical offshore domiciles such as Bermuda and the Cayman Islands, the captives industry in recent years has been shifting its focus to U.S. shoresa trend that is expected to continue and perhaps accelerate in 2013 as more companies recognize some of the distinct advantages of domiciling domestically.

Willis has launched its new online underwriting and data-management system, WillisCaptus, for use by Risk Retention Groups, captives and healthcare providers.

The National Association of Insurance Commissioners takes a subdued, fact-based approach in its comments on how federal agencies should provide consolidated regulation of insurance companies which operate savings and loans.