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November 2026 Edition

November is a time of year when I find myself thinking about what we have to be thankful for. In business, it’s easy to stay focused on the next goal. This season is a chance to step back and appreciate the people who helped us get here.


For business owners, a company represents years of hard work, and protecting it matters as much as building it. As the year winds down, take a look at your insurance and risk strategy. Has your business changed? Have your risks changed with it? A captive can give you more control over your program and a way to cover risks that don’t fit traditional insurance.


As Thanksgiving approaches, I want to thank our clients, partners, and everyone who has trusted us with an important part of their business. We truly appreciate those relationships and look forward to continuing to serve you in the year ahead.


From our team at U.S. Captive, I wish you and your family a happy and safe Thanksgiving. As always, if you have questions or would like to learn more, please give us a call or visit the Captive 101 section on our website.


Sincerely,

Larry Papola

Lawrence J. Papola, Jr.

President

LPapola@US-Captive.com

1-833-US-CAPTIVE

(1-833-872-2784)

www.US-Captive.com

 
 
 

Global Commercial Insurance Rates Fall 5 Percent in Q3

Global commercial insurance rates declined 5 percent in the third quarter of 2026, marking the ninth consecutive quarterly decrease, according to Marsh's latest Global Insurance Market Index. The decline followed a 6 percent reduction in the second quarter, as strong insurer profitability, ample capacity, and competition continued to drive pricing lower across most regions and coverage lines.


Property insurance recorded the largest decrease among major coverage lines, with global rates falling 10 percent, compared with a 12 percent decline in the previous quarter. Casualty rates increased 1 percent globally, primarily because of continued pricing pressures in the US market.

 
 
 

Insurance Fundamentals That Strengthen Captive Insurance Companies

Internal Revenue Service (IRS) scrutiny of captive insurance companies has increased in recent years, but what are regulators and courts actually evaluating? In this episode of The Edge of Risk Podcast by IRMI, Joel Appelbaum is joined by George Belokas, president of GPW and Associates, chair of the Self-Insurance Institute of America Captive Committee, and president of the Arizona Captive Insurance Association, to discuss the insurance fundamentals that support well-managed captive insurance companies. Drawing on his actuarial and industry leadership experience, Mr. Belokas explains why the focus extends beyond tax elections to whether a captive is genuinely operating as an insurance company.

 
 
 
 
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Captive Education

Conferences & Webinars

Check out the Captive

Calendar of Events

 
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Captive Claim Highlight

Client Profile

Industry: Business Services
Specialty: Government Contractor for Training and Development
Location: Virginia

Claim Information

Description: One of our Insureds provides specialized training to foreign companies under governmental agency contracts. Due to a change in legislation, the contract was canceled, causing our Insured to lose a valued and significant customer. Through their captive's Actual Net Loss Insurance Policy "Loss of Key Customer" coverage, they were able to recover revenue lost from this relationship.
Line of Coverage: Loss of Key Customer
This exposure was elected for coverage by the client under their captive policy. This resulted in a claim payment amount of approximately $300,000.
*Please note that each claim will undergo an independent investigation and thorough review process. Various components specific to the claim at hand will be assessed thoroughly to determine if the loss is covered by the policy.
 

Happening This Month:

11/3: Election Day

11/11: Veterans Day

11/13: World Kindness Day

11/26: Thanksgiving Day

11/27: Black Friday

11/28: Small Business Saturday

11/30: Hurricane Season Ends

 

Why Form a Captive?

 

There are numerous potential advantages to forming a captive insurance company. Captive insurance companies are formed for both economic and risk management purposes. By forming a captive insurance company, a business can dramatically lower insurance costs in comparison to premiums paid to a conventional property and casualty insurance company.

 
 

Get Your Insurance Quotes From The:

Insurance Experts provides expert knowledge and assistance to individuals, families, and business owners who are making decisions about the proper insurance coverage for their needs. We’re here to help you cover losses you shouldn’t have to on your own.

Let our team of experts guide you through the daunting task of selecting the right insurance coverage for you or your business:
  • Life
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  • Captive
  • More...
 
 

48 South Service Road

Suite 400

Melville, NY 11747


Office: 1-833-US-CAPTIVE

     (1-833-872-2784)

Fax: 1-888-929-6565

 

www.US-Captive.com

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