A reciprocal insurance exchange empowers policyholders to take charge of their coverage. Much like mutual insurance companies, reciprocals are owned by the people they protect — the policyholders. But ...
OLDWICK, N.J., November 10, 2025--(BUSINESS WIRE)--A hardening of traditional insurance markets and market dislocations have led to the rise in newly established reciprocal insurance exchanges, ...
The new project was launched in response to a referral from the NAIC’s Chief Financial Regulator Forum, which met at the NAIC Fall National Meeting in November 2024. The Chief Financial Regulator ...
U.S. insurance reciprocals — noncorporate statutory entities in which subscribers mutually agree to insure one another — should note recent action by a senior regulatory body that could limit fees ...
OLDWICK, N.J.--(BUSINESS WIRE)--In the November issue, Best’s Review examines the recent proliferation of reciprocal insurance exchanges. At least 21 reciprocals launched between 2017 and 2024; nearly ...
The Canadian Association of Insurance Reciprocals has recently formed to serve as the collective voice of insurance reciprocals across Canada.The not-for-profit association’s mandate includes raising ...
Don’t be surprised if more reciprocals and self-insured pools emerge, a past president of the RIMS Canada Council suggests. “In some cases, pools and reciprocals will become popular if this market ...
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