Captive Insurance Company Amendment Act of 2026 amends insurance regulations for captive insurers in the District of Columbia.
The Captive Insurance Company Amendment Act of 2026 modifies the District of Columbia's insurance regulations for captive insurers. It updates the application process for a certificate of authority, requiring additional documents and information. The act also allows the Commissioner to issue rules for captive insurers and mandates that any changes to a captive insurer's strategic business plan be approved by the Commissioner. Furthermore, it introduces provisions for placing captive insurers in an inactive status and exempting them from certain filing requirements under specific conditions.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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