In CommitteeFiled Dec 29, 2025
Sponsor: Phil Mendelson (D)
Latest Action
Committee Mark-up of B26-0588 by the Health Committee
Oct 14, 2026
Summary
The bill updates the 2004 Captive Insurance Company Act, changing formation, capital, application, tax, and reporting rules for captive insurers, especially protected‑cell structures. It adds standards for inactive captives and gives the Commissioner authority to issue rules and expedite licensing. The changes aim to keep Washington, DC competitive as a leading regulator of captive insurers.
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