Governor Brian Kemp has signed House Bill 348 into law, introducing the first new legislative support for Georgia’s captive insurance sector since 2019
Montana has enacted Senate Bill 60 (SB 60), introducing significant reforms to the state's taxation of captive insurance companies
The Washington State Office of the Insurance Commissioner has fined one of Maple Shade Assurance’s segregated cells US$5,000 for operating as a captive insurer in the state without registration
Arizona Governor Katie Hobbs has signed HB 2193 into law, which reduces the minimum capital and surplus requirements for protected cell captive insurers to US$250,000
The bill introduces key reforms aimed at enhancing the competitiveness and regulatory agility of the state’s captive insurance framework
Piedmont Water Company has filed a lawsuit against the Internal Revenue Service (IRS) in US Tax Court over the disallowance of US$507,000 in tax deductions tied to its captive insurance arrangement
Kansas has become the latest US domicile to authorise protected cell captive insurance companies after Governor Laura Kelly signed House Bill 2334 into law earlier this month
