SB 990: Protected Cell Captive Insurance Companies
GENERAL BILL by Leek
Protected Cell Captive Insurance Companies; Specifying that a protected cell captive insurance company may only insure certain risks; revising the unimpaired paid-in capital requirements for captive insurance companies; authorizing one or more sponsors to form a protected cell captive insurance company; requiring applicant protected cell captive insurance companies to file certain information with the Office of Insurance Regulation; authorizing protected cell captive insurance companies to establish and maintain certain protected cells, subject to certain approvals granted by the office, etc.
Bill History
| Date | Chamber | Action |
|---|---|---|
| 12/19/2025 | Senate |
• Filed |
