The Office of the Insurance Commissioner for the state of Washington has adopted the proposed regulations of the new captive insurance law, effective 21 December 2021
Washington voters have voted in a ballot measure to repeal a 2 per cent premium tax on captive insurers in the state, which was passed under Senate Bill 5315
Washington’s Office of the Insurance Commissioner has proposed draft regulations for the implementation of its new captive insurance law
Governor Jay Inslee signed a bill into law that would see the creation of a framework in Washington for registering eligible captive insurers and imposing a premium tax on the risk covered by premiums allocable to the state
A bill that was submitted during the Washington State 2021 legislative session was signed by Speaker of the House Laurie Jinkins on 12 April
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
A bill submitted during Washington State 2021 legislative session would see the creation of a framework for registering eligible captive insurers and imposing a premium tax on the risk covered by premiums allocable to the state
The Washington Office of the Insurance Commissioner has revealed that captive insurance companies remain a priority after they were listed on its 2021 legislative agenda
