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Alabama captive bill amendments passes house
08 April 2021
Alabama Reporter Maria Ward-Brennan

The ability for Alabama to create captive solutions for the unique interests of captive owners, opens the door for exceptional growth in the forthcoming years, according to the ACIA

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North Carolina proposes changes to premium tax paid by captives
29 March 2021
North Carolina Reporter Maria Ward-Brennan

North Carolina has introduced a captive bill, which includes two proposed changes affecting the premium tax paid by captive insurers

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Dubai approves new solvency regime for captive insurers
17 March 2021
UAE Reporter Maria Ward-Brennan

The Dubai Financial Services Authority’s board has approved the revised solvency regime for captive insurers after positive feedback from the industry, effective 1 April 2021

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Washington State captive bill passes Senate
11 March 2021
Washington Reporter Maria Ward-Brennan

The Washington State Senate has passed a captive bill that would see eligible captive insurers pay a 2 per cent premium tax for insurance directly procured by and provided to its parent or affiliate for Washington risks during the preceding calendar

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Utah proposes ‘significant’ changes to captive legislation
18 February 2021
Utah Reporter Maria Ward-Brennan

Utah has introduced a bill which will amend the insurance code, including “significant” changes for captive insurance to ensure the state remains competitive

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Captive amendment bill passes Delaware Senate
16 February 2021
Delaware Reporter Maria Ward-Brennan

The Delaware State Senate has passed Senate Bill 36, which is an act to amend title 18 of the Delaware Code relating to captive insurance companies

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Utah introduces new bill to authorise state captive insurance company
12 February 2021
Utah Reporter Maria Ward-Brennan

The new bill, House Bill 50, will require the Utah risk manager to coordinate and cooperate with any covered entity having responsibility for risk control and safety of school districts and charter schools

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