Regulation and Oversight
Connecticut Passes Law Enhancing Captive Insurance Flexibility
Connecticut has enacted Public Act No. 24-138, enhancing flexibility for captive insurers and strengthening industry support, effective October 1, 2024. Learn More
FERMA's Policy Manifesto Calls on EU To Simplify Regulations and Enhance Risk Management
The Federation of European Risk Management Associations (FERMA) manifesto urges the European Union (EU) to simplify regulations, support net-zero transition, enhance cyber security, and strengthen crisis preparedness for future resilience. Learn More
Tennessee Captive Insurance Director Announces Team and Policy Updates
The Tennessee Department of Commerce and Insurance's Captive Insurance Section announces new policies and team member additions. Read More
EIOPA Releases Opinion on Captive Reinsurance Supervision
European Insurance and Occupational Pensions Authority (EIOPA) issues guidelines for captive reinsurance supervision to standardize practices, ensure risk management, and promote uniformity across the European Union. Read More
NAIC AI Model Bulletin Guides Ethical AI Use in Insurance Industry
The National Association of Insurance Commissioners (NAIC) artificial intelligence (AI) model bulletin guides ethical AI use in insurance, emphasizing transparency, accountability, and fairness; ensuring compliance; and protecting consumer interests. Read More
Montana Captive Insurance Association Reports on Growth and Regulatory Changes
MCIA's 2024 report highlights Montana's captive insurance growth, with 50 captives licensed in 2023 and 19 licensed in the early months of 2024. Read More
North Carolina Legislature Approves Captive Act Amendments
The North Carolina General Assembly recently passed SB 319, Captive Act Amendments. The bill includes a 2-year premium tax holiday for captive redomestications. Read More