Regulation and Oversight
Vermont Enacts Captive Insurance Updates Through H.649
Vermont's H.649 updates captive insurance regulation, including restrictions on risk retention group investments, reporting requirements, and protected cell certification provisions. The legislation codifies established regulatory practices, aligns with National Association of Insurance Commissioners standards, and reinforces oversight while maintaining Vermont's broader captive insurance framework. Learn More
NAIC Chief Highlights Risk, Data, and AI Oversight Priorities
The National Association of Insurance Commissioners (NAIC) leadership outlined 2026 priorities focused on catastrophe risk mitigation, enhanced homeowners market data collection, and oversight of artificial intelligence (AI) in insurance. Regulators are also addressing evolving investment risks in life insurers while expanding international collaboration, aiming to strengthen consumer protection and ensure market stability amid changing industry conditions. Learn More
Louisiana Bills Signal Broad Expansion and Regulation of Captive Insurance
Three Louisiana bills propose sweeping changes to captive insurance, including a new captive act, enhanced regulatory standards, and trucking-specific reforms. The measures address domicile development, capital and governance requirements, and market dynamics such as adverse selection, access to coverage, and solvency oversight. Read More
Hawaii Bill Seeks to Expand Captive Insurance Role in Catastrophic Risk
Hawaii's SB 2950 would authorize captive insurance companies to underwrite catastrophic property and casualty risks under regulatory oversight. The proposal aims to address market capacity challenges but has drawn opposition over consumer protection concerns and the potential shift beyond captives' traditional role of insuring affiliated risks. Read More
Inside Captive Insurance Advocacy: VCIA's State and Federal Focus
This episode explores captive insurance advocacy at both the state and federal levels. The discussion examines Vermont Legislative Day; Hill Day in Washington, DC; Terrorism Risk Insurance Act reauthorization; National Association of Insurance Commissioners developments; and how the Vermont Captive Insurance Association (VCIA) sets priorities to proactively support and protect the captive insurance industry. Read More
FERMA Seeks to Exempt Insurance from EU Public Procurement Directives
The Federation of European Risk Management Associations (FERMA) has called for excluding insurance policies from the scope of the European Union (EU) Public Procurement Directives. FERMA argues that the current EU public procurement framework is poorly suited to the needs of public sector organizations purchasing insurance. Read More
PRA Sets UK Captive Insurance Regime Consultation for Summer 2026
The Prudential Regulation Authority (PRA) identified development of a UK captive insurance regime as a 2026 priority. In a letter to insurance chief executives, PRA leaders said a consultation is planned for summer 2026, with the regime expected to launch in 2027. Read More