NEW YORK, September 18, 2024--(BUSINESS WIRE)--KBRA releases research noting a resurgence in reciprocal formations over the last 24 months. In Florida alone, the Florida Office of Insurance Regulation ...
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, ...
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 ...
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 ...
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 ...
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 ...