Maine has a well-developed insurance community including numerous resident commercial insurers, self-insured entities, and knowledgeable service providers. The Bureau of Insurance is proud of the positive reputation the state has developed regulating self-insured groups and risk retention groups. In its efforts to develop a similar working relationship with the captive insurance industry, Maine amended its legislation in 2009 which, among other changes, eliminated the premium tax on captives, expanded the definition of association captives, and allowed the formation of sponsored and branch captives. As a result, the state is licensing new captives for the first time since 2003.